NEW YORK - Oil prices rose over 1% on Wednesday, recovering from a sharp slide early this week, as data showed relatively strong U.S. demand, and as investors assessed the stability of a ceasefire between Iran and Israel. Brent crude futures were up 82 cents, or 1.2%, at $67.96 a...
Trump Says He Will Speak to Putin Soon About Ending Ukraine War
THE HAGUE - President Donald Trump said on Wednesday after talks with Ukraine President Volodymyr Zelenskiy that he is considering sending more Patriot missile batteries to Ukraine to help Kyiv fend off Russian attacks. Trump said the anti-missile missiles are "very hard to get" but that "we are going to...
Mexico Home Shooting Kills at Least 10 Including Children
MEXICO CITY - At least 10 people were killed and more injured in a shooting at a home in the central Mexican city of Irapuato on Tuesday night, including children, authorities said. "It is an appalling multiple homicide and an investigation is being carried out," Mexican President Claudia Sheinbaum said...
US New Home Sales Fall More Than Expected in May, Inventory Rises
WASHINGTON - Sales of new U.S. single-family homes fell more than expected in May as high mortgage rates sapped demand, boosting the supply of unsold houses on the market. New home sales units dropped 13.7% to a seasonally adjusted annualized rate of 623,000 units last month, the Commerce Department's Census...
Seven Israeli Soldiers Killed in Gaza, Pressure on Netanyahu for Ceasefire
TEL AVIV - The Israeli military said seven soldiers were killed in a single attack in southern Gaza on Tuesday, the military's deadliest day in the territory since it broke a ceasefire with Hamas in March. A lieutenant, three staff sergeants and three sergeants, members of a combat engineering battalion,...
Zelenskiy Hails ‘Substantive’ Meeting With Trump
KYIV - Ukrainian President Volodymyr Zelenskiy hailed his meeting with U.S. President Donald Trump on Wednesday as "long and substantive", saying the two talked about achieving a ceasefire in the Russian war in Ukraine. Zelenskiy had hoped to use a 50-minute meeting on the sidelines of the NATO summit in...
S&P 500, Nasdaq Approach Record High as Middle East Tensions Ease
Wall Street's S&P 500 and Nasdaq indexes rose on Wednesday, hovering near a record peak, as a ceasefire between Israel and Iran appeared to be holding and investors awaited more comments from Federal Reserve Chair Jerome Powell. The Dow Jones Industrial Average rose 41.3 points, or 0.10%, at the open...
Trump Declares Iran ‘Victory for Everybody’ Despite Doubts Over Damage
THE HAGUE/TEL AVIV/ISTANBUL - President Donald Trump reveled in the swift end to war between Iran and Israel, saying he now expected a relationship with Tehran that would preclude rebuilding its nuclear program despite uncertainty over damage inflicted by U.S. strikes. As exhausted and anxious Iranians and Israelis both sought...
Cuomo Concedes to Mamdani in New York City Democratic Mayoral Contest
Former New York Governor Andrew Cuomo on Tuesday conceded to state lawmaker Zohran Mamdani in the Democratic primary election for New York City mayor, setting up the 33-year-old democratic socialist Mamdani to win the party's nomination in the heavily Democratic city. — (Reporting by Joseph Ax and Maria Tsvetkova; Editing...
Mamdani Holds Lead Over Cuomo in Democratic Primary for NYC Mayor
NEW YORK — Assembly member Zohran Mamdani was holding onto a lead in the Democratic primary for mayor of New York City with more than 80% of the vote counted on Tuesday. Hundreds of thousands of votes cast on election day had yet to be tallied. Mamdani, an upstart Assembly...