Wall Street's main indexes notched record highs on Monday as expectations of a U.S.-China trade deal fueled risk-taking at the start of a week dominated by Big Tech earnings and a likely Federal Reserve rate cut. U.S. President Donald Trump and China's Xi Jinping are set to meet on Thursday...
Rare Earth Miners Fall as US-China Truce to Pause Tariffs, Export Curbs
Shares of U.S.-listed rare earth miners slumped before the bell on Monday after Washington and Beijing reached a framework for a trade deal that could pause planned U.S. tariffs and Chinese export controls on critical minerals, easing fears of supply disruptions that had boosted the sector this year. The rare...
Flight Delays Soar Past 1,660 as Government Shutdown Hits Day 27
Air travel turmoil deepened with more than 1,660 flights delayed nationwide on Monday and more than 8,600 delays on Sunday, with air traffic controller absences surging amid a federal government shutdown now in its 27th day. The Federal Aviation Administration cited staffing shortages affecting flights across the Southeast and at...
Chowchilla Police Arrest Four Suspects After Drive-by Shooting Injures Man
A man was hospitalized after being shot in the face during a drive-by shooting Saturday afternoon in Chowchilla, authorities said. Officers were dispatched around 2 p.m. to the 400 block of South 1st Street after reports of the shooting, the Chowchilla Police Department said. The victim was driven by family...
US Dollar Slips as Trade Optimism Boosts Risk Appetite
The U.S. dollar weakened against the euro, Chinese yuan and Australian dollar on Monday as optimism over a possible U.S.-China trade deal boosted risk appetite and reduced demand for the greenback. Overall moves in the currency markets were relatively muted as traders also waited on several key central bank meetings...
Jamaica Braces as Rapidly Intensifying Hurricane Melissa Creeps Toward Island
KINGSTON, Jamaica (Reuters) -Tropical Storm Melissa has become a hurricane and is expected to strengthen into at least Category 4 intensity, the U.S. National Hurricane Center said on Saturday. The rapidly intensifying storm is expected to wreak havoc across the Caribbean with catastrophic floods, landslides and storm surges expected in Jamaica and southern Hispaniola...
California Republican Candidate Takes Slim Lead in Governor Race
Republican candidate Steve Hilton has edged narrowly ahead of Democrat Katie Porter in California’s latest gubernatorial poll from Emerson College, marking a notable shift in the race to replace outgoing Governor Gavin Newsom, Newsweek reported. The survey, conducted Oct. 20–21, shows Hilton at 16% and Porter at 15%, within the...
Trump Dismisses 2028 VP Run as ‘Too Cute,’ Leaves Door Open to Third Term Talk
AIR FORCE ONE/TOKYO — President Donald Trump on Monday ruled out running for vice president in the 2028 election but declined to definitively say he would not seek a third term, keeping alive speculation about how he might seek to extend his time in office. Trump has repeatedly flirted with...
Police Make Arrests in Louvre Robbery, Authorities Say
PARIS — Police have made arrests in the brazen jewelry heist last week at the Louvre Museum in Paris, French authorities said Sunday, without specifying how many people had been taken into custody. The robbery, which stunned France, was carried out by four people. Laure Beccuau, the Paris prosecutor, said...
Bessent Says China to Buy US Soybeans, Delay Rare Earths Rules
WASHINGTON — U.S. Treasury Secretary Scott Bessent said on Sunday that he anticipates that China will revive substantial purchases of U.S. soybeans for several years and will delay its expanded licensing regime for rare earths by a year and re-examine it after two days of trade talks in Malaysia. Bessent...