Month: June 2023

By PAUL WISEMAN and FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The global economy is likely slowing sharply this year, hobbled by high interest rates, the repercussions of Russia’s invasion of Ukraine and the lingering effects of the coronavirus pandemic. That’s the latest outlook of the World Bank, a 189-country anti-poverty agency, which estimates that

By KEN SWEET AP Business Writer NEW YORK (AP) — Can you trust Erica, or Sandi or Amy to increasingly control parts of your financial life without giving you inaccurate information or sending money to the wrong place? That’s what the Consumer Financial Protection Bureau is asking in a report released Tuesday, where the bureau

SOFIA, Bulgaria (AP) — Bulgaria’s parliament has formally approved the new government proposed by two main political rivals — the GERB party of ex-Premier Boyko Borissov, which won the April general election, and the runner-up, the pro-European liberal coalition “We Continue the Change — Democratic Bulgaria.” They have agreed to form the first-ever Bulgarian government

NEW YORK (AP) — Stocks are drifting amid a vacuum of market-moving data, while crypto prices were lower after regulators filed charges against another mega player in the industry. The S&P 500 fell 0.2% early Tuesday, though it remains near the edge of exiting its latest bear market. The Dow fell 44 points, or 0.1%,

LOS ANGELES (AP) — Maria Sherman has been named The Associated Press’ music writer, a key position responsible for delivering news on a beat of global significance for the news cooperative. Her first day was Monday. Sherman will lead music coverage for the AP’s entertainment and lifestyles department, which boasts video, photo and text journalists

By BRIAN MELLEY and JILL LAWLESS Associated Press LONDON (AP) — Prince Harry stepped into courtroom witness box Tuesday to hold Britain’s tabloid press accountable for its “destructive” role throughout his life. But he soon found himself being held to account by a newspaper’s lawyer for how he could blame his anguish on articles he

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan has joined the United States and Australia in signing an agreement on a $95 million undersea cable project that will connect East Micronesia island nations to improve networks in the Indo-Pacific region where China is increasingly expanding its influence. The approximately 1,400-mile undersea cable will connect

By EVENS SANON and DÁNICA COTO Associated Press PORT-AU-PRINCE, Haiti (AP) — An earthquake with a preliminary magnitude of 4.9 struck southern Haiti early Tuesday, killing at least three people and injuring several others, authorities said. The quake struck before dawn near the southwestern coastal city of Jeremie at a depth of six miles (10

By CHRISTINA A. CASSIDY and AYANNA ALEXANDER Associated Press ATLANTA (AP) — Within hours of a U.S. Supreme Court decision dismantling a key provision of the Voting Rights Act, Texas lawmakers announced plans to implement a strict voter ID law that had been blocked by a federal court. Lawmakers in Alabama said they would press

HOLLYWOOD, Fla. (AP) — Police in South Florida have arrested three suspects in a Memorial Day shooting along a busy beachside promenade that injured nine people. Hollywood police said in a news release that detectives took Ariel Cardahn Paul into custody on Sunday night and Lionel JeanCharles Jr. on Monday afternoon. On Saturday, authorities arrested

By SAM MEDNICK Associated Press DAKAR, Senegal (AP) — An American-based aid group says at least $900,000 was stolen from it’s Congo programs by members of the organization who conspired with outside actors. GiveDirectly said that it learned that people on its Congo team worked with those outside the organization to defraud the cash transfer

By MICHAEL LIEDTKE AP Technology Writer Apple has a long history of designing products that aren’t the first to be introduced in a particular category but still redefine the market. With the company unveiling a headset equipped with virtual and augmented reality technology already available in other devices, here is a look back at some

By MARK KENNEDY AP Entertainment Writer NEW YORK (AP) — Foo Fighters, Fall Out Boy, Kelly Clarkson, Kane Brown and Lil Wayne are among the headliners this fall at the 2023 iHeartRadio Music Festival in La Vegas, which will be broadcast live throughout the country. The lineup for the two-day event Sept. 22-23 at T-Mobile

By GRANT PECK Associated Press BANGKOK (AP) — Legal officials in Myanmar say the Supreme Court has agreed to hear a special appeal of ousted leader Aung San Suu Kyi’s bribery conviction for allegedly receiving gold and thousands of dollars from a former political ally. Suu Kyi was arrested when the army toppled her elected