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A look at the world leaders attending China’s SCO summit and military parade

China is rolling out the red carpet for more than two dozen world leaders at two major defense-related events this week. The guest lists, and some notable omissions, are a window into Beijing’s ambitions, alliances and attempts to expand its influence. The annual summit of the Shanghai Cooperation Organization (SCO), established in 2001 with a focus on security […]

SEPT. 1, 2025

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Nvidia’s AI chip sales surged again in latest quarter, but worries about a tech bubble persist

Nvidia’s sales of its artificial intelligence chipsets remained a hot commodity during the company’s latest quarter, but the demand wasn’t quite feverish enough to ease recent worries that the AI craze may be fading. The results announced Wednesday were hotly anticipated because Nvidia has emerged as key barometer of a two-year-old AI boom that has […]

AUG. 27, 2025

Mortgage Rates
A "For Sale" sign is displayed outside a home on Friday, July 11, 2025, in Portland, Ore. (AP Photo/Jenny Kane)
Spotlights

Average rate on a 30-year mortgage holds steady at lowest level in nearly 10 months

The average rate on a 30-year U.S. mortgage held steady this week at its lowest level in nearly 10 months, an encouraging sign for prospective homebuyers who have been held back by stubbornly high home financing costs. The long-term rate was unchanged from last week at 6.58%, mortgage buyer Freddie Mac said Thursday. A year […]

AUG. 21, 2025

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US will get a 15% cut of Nvidia and AMD chip sales to China under a new, unusual agreement

Nvidia and AMD have agreed to share 15% of their revenues from chip sales to China with the U.S. government, as part of a deal to secure export licenses for the semiconductors. The Trump administration halted the sale of advanced computer chips to China in April over national security concerns, but Nvidia and AMD revealed in […]

AUG. 11, 2025

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Trump’s new tariffs go into effect as US economy shows signs of strain

WASHINGTON (AP) — President Donald Trump began imposing higher import taxes on dozens of countries Thursday just as the economic fallout of his monthslong tariff threats has begun to cause visible damage to the U.S. economy. Just after midnight, goods from more than 60 countries and the European Union became subject to tariff rates of 10% or higher. Products […]

AUG. 8, 2025

Trump Tariffs
A worker stocks products at New India Bazar, where most merchandise is imported from India and Canada, on Wednesday, Aug. 6, 2025, in Fremont, Calif. (AP Photo/Noah Berger)
Spotlights

How India ended up facing steep US tariffs despite its strategic partnership

NEW DELHI (AP) — U.S. President Donald Trump has vowed additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the United States on its ally to 50%. India has called the additional tariffs “unfortunate.” Trump’s Wednesday announcement came as India and the U.S. are still negotiating a trade deal that has faced […]

AUG. 7, 2025

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Trump’s planned 100% computer chip tariff sparks confusion among businesses and trading partners

President Donald Trump’s ambiguous plans for 100% tariffs on computer chips that aren’t made in the U.S. are stoking confusion among businesses and trading partners — boosting stocks for leading semiconductor companies while leaving smaller producers scrambling to understand the implications. “We are still waiting for official guidance,” said Limor Fried, founder and engineer at Adafruit Industries, […]

AUG. 7, 2025

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Trump announces Apple investing another $100 billion in US manufacturing

Apple CEO Tim Cook joined President Donald Trump at the White House on Wednesday to announce a commitment by the tech company to increase its investment in U.S. manufacturing by an additional $100 billion over the next four years. “This is a significant step toward the ultimate goal of ensuring that iPhones sold in the United States […]

AUG. 6, 2025

Trump
Health and Human Services Secretary Robert F. Kennedy Jr. speaks as President Donald Trump listens at an event to promote his proposal to improve Americans' access to their medical records in the East Room of the White House, Wednesday, July 30, 2025, in Washington. (AP Photo/Mark Schiefelbein)
Spotlights

What to know about mRNA vaccines

So-called mRNA vaccines saved millions of lives during the COVID-19 pandemic — and now scientists are using that Nobel Prize-winning technology to try to develop vaccines and treatments against a long list of diseases including cancer and cystic fibrosis. But this week, U.S. Health Secretary Robert F. Kennedy Jr., a longtime vaccine critic, canceled $500 million in government-funded research projects […]

AUG. 6, 2025

Federal Reserve Powell
Federal Reserve Chairman Jerome Powell, speaks during a news conference following the Federal Open Market Committee meeting, Wednesday, July 30, 2025, in Washington. (AP Photo/Manuel Balce Ceneta)
Spotlights

Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell gave little indication on Wednesday of bowing anytime soon to President Donald Trump’s frequent demands that he cut interest rates, even as signs of dissent emerged on the Fed’s governing board. The Fed left its key short-term interest rate unchanged for the fifth time this year, at about 4.3%, […]

JULY 30, 2025

Kentucky Derby Horse Racing
Fans watch as horses take their morning workouts at Churchill Downs Thursday, May 2, 2013, in Louisville, Ky. Saturday will be the 139th running of the Kentucky Derby. (AP Photo/Morry Gash)
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Local Investigative Reporting Program

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California insurance regulator launches investigation into State Farm over claims from LA fires

SACRAMENTO, Calif. (AP) — California’s top insurance regulator on Thursday launched an investigation into State Farm over the company’s handling of claims from the January Los Angeles-area wildfires. The investigation comes after survivors of the Palisades and Eaton fires said that the state’s largest home insurer was delaying and mishandling claims regarding damage to their […]

JUNE 12, 2025

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