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Ticker: Oil prices leap to their highest since May

U.S. stocks sank after oil prices jumped to their highest levels since May. The S&P 500 fell 0.6% Thursday for a fourth straight loss. The Dow Jones Industrial Average dropped 0.6%, and the Nasdaq composite sank 0.7%. Stocks felt pressure as the price for a barrel of Brent crude briefly topped $108 because the war with Iran continues to clog the global flow of crude. Treasury yields leaped in the bond market on increased worries about inflation, and the 10-year yield jumped to 4.95%. That’s up nearly a whole percentage point since the war with Iran began. Anthropic blocks misuse of ...

Briefcase: WTAJ to commemorate 25th anniversary of 9/11

WTAJ will honor the 25th anniversary of the Sept. 11, 2001, terrorist attacks with a full day of special programming, live coverage and historical reflections, recognizing a day that forever changed the nation and holds a particularly significant place in our area. The events of that day were felt especially close to home when United Airlines Flight 93 crashed near Shanksville in Somerset County. To mark this important milestone, WTAJ will provide viewers with comprehensive coverage focused on remembrance, reflection, service and the lasting impact of Sept. 11. Today, WTAJ+ will ...

Congress, economists not thrilled by Trump $5K idea

WASHINGTON — Donald Trump’s pitch to send Americans $5,000 checks should Republicans prevail in the November midterms is drawing scorn from some members of Congress — the very people who have constitutional authority over federal spending. Economists and other political observers are ...

Clancy’s lawyer asks judge to spare her a second trial

BOSTON — Lindsay Clancy shouldn’t be tried a second time for killing her three young children because prosecutors don’t have enough evidence, her lawyer told a judge Thursday, saying the court should decide she’s not guilty by reason of insanity. Eleven of 12 jurors were ready to ...

Canada PM calls Trump’s latest trade measures ‘relatively modest’

TORONTO — Canadian Prime Minister Mark Carney signaled Thursday that Canada may hold off on further retaliation against U.S. President Donald Trump’s latest trade measures, calling them “relatively modest” compared to earlier U.S. actions. The comments came two days after Washington escalated the ongoing trade dispute by banning some Canadian dairy products and motorcycles and most alcoholic beverages after the Canadian retaliatory tariffs took effect. Trump also moved to shut Canadian products out of large, long-term U.S. government contracts. Carney said his government was ...

Israeli strike in Gaza kills at least 4, including kids

An Israeli strike killed at least four people in northern Gaza, including two children, hospital officials said Thursday. The Israeli military said the attack killed a militant. Separately, Iranian-backed Houthi rebels seized Yemen’s strategic Red Sea port city of Mokha, according to ...