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NEW YORK (AP) — Oil prices are dropping further, and stocks are rallying worldwide Tuesday on hopes that Israel’s war with Iran will not damage the global flow of crude, even if a tentative truce seemed to fray under fire in the morning. The S&P 500 was 0.7% higher in early trading, following up on even bigger gains for stocks across Europe and Asia, after President Donald Trump said late Monday that Israel and Iran had agreed to a “complete and total ceasefire.” The Dow Jones Industrial Average was up 289 points, or 0.7%, as of 9:31 a.m. Eastern time, and the Nasdaq composite…
ANAHEIM —Plate discipline is certainly a topic the Angels have been discussing all year, but perhaps they finally found the magic words to get them to execute it. Acting manager Ray Montgomery said the Angels’ 11-walk performance in their 9-5 victory over the Boston Red Sox on Monday night followed a conversation among the hitters about their approach at the plate. “Being patient,” Montgomery said. “Making the other guys work. Obviously, it’s something you try to do and not give up being aggressive. But in the same breath, they did a great job.” The Angels drew four walks and they…
President Trump’s decision to order airstrikes on Iran’s three most important nuclear facilities – Fordow, Natanz, and Isfahan – represents a defining moment, not just in his political legacy, but for global peace and security. While it will take days – or weeks – to determine just how long these strikes set back Iran’s nuclear ambitions, there should be no doubt that “Operation Midnight Hammer” was the correct decision. This is even more correct if the totality of Iran’s retaliation amounts to a performative barrage of missiles at U.S. bases in Qatar and Iraq, a barrage which Iran reportedly warned…
ANAHEIM — The arrival of Kevin Newman’s third child opened the door for Kyren Paris to get back to the big leagues. He’s still got some work to do in order to earn a longer stay with the Angels. Paris, who figures to be in the major leagues for two or three days while Newman is on the paternity list, was hitting .188 with a .703 OPS in 23 games at Triple-A since he was demoted last month. Paris said he’s been working on “being on time, more consistent, getting pitches early in the count and making sure I put…
Three Southern California residents were sentenced Monday to prison for their roles in a 2024 armed robbery and carjacking at a Bloomington auto repair shop, the U.S. Justice Department announced. 49-year-old Marcos Guerrero of Glendora was sentenced to 219 months in prison, or just over 18 years. 35-year-old Elijah Gafare of West Covina was sentenced to 20 years in prison. 39-year-old Cinthia Leal of Glendora was sentenced to 12 years in prison. All three defendants, who were convicted of carjacking and armed robbery, were also ordered to pay $11,980 in restitution. The robbery happened on March 12, 2024, when Guerrero,…
As tensions between the U.S. and Iran continue, a dozen House Democrats, who are all veterans, sent a letter to President Donald Trump on Monday, June 23, imploring the president to involve both Congress and the American public more in conversations before any further military escalations. The lawmakers said they were reminding the president that only Congress has the power to declare war and expressing support for a war powers resolution that would compel Trump to secure congressional approval before the U.S. takes any other military action against Iran. Tensions between the U.S. and Iran have escalated since Trump ordered…
Stocks rally and oil tumbles as Wall Street hopes for a limited retaliation after US strikes on Iran
By STAN CHOE, ELAINE KURTENBACH and BERNARD CONDON, AP Business Writers NEW YORK (AP) — U.S. stocks rallied, and the price of oil tumbled Monday on hopes that Iran will not disrupt the global flow of crude, something that would hurt economies worldwide but also its own, following the United States’ bunker-busting entry into its war with Israel. The S&P 500 climbed 1%, coming off a week where stock prices had jumped up and down on worries about the conflict potentially escalating. The Dow Jones Industrial Average added 374 points, or 0.9%, and the Nasdaq composite gained 0.9%. The price of oil initially jumped 6% after trading…
By JOSEPH KRAUSS and WILL WEISSERT, Associated Press DUBAI, United Arab Emirates (AP) — As President Donald Trump floats the idea of “regime change” in Tehran, previous U.S. attempts to remake the Middle East by force over the decades offer stark warnings about the possibility of a deepening involvement in the Iran-Israeli conflict. “If the current Iranian Regime is unable to MAKE IRAN GREAT AGAIN, why wouldn’t there be a Regime change???” Trump posted on his social media site over the weekend. The came after the U.S. bombed Iran’s nuclear sites but before that country retaliated by firing its own…
PASADENA — Death comes at the end. But not necessarily in the 2025 FIFA Club World Cup. Matchday 3 of the month-long competition’s group stage commenced at high noon on Monday, when Group B, the consensus toughest draw and appropriately named “group of death,” was the first to officially send a pair of teams to the knockout rounds. With everyone in the group alive as action simultaneously kicked off in front of an announced crowd of 22,292 at the Rose Bowl between Brazil’s Botafogo and Atlético Madrid, and at Seattle’s Lumen Field where Paris Saint-Germain battled MLS’s Sounders, PSG’s 2-0…
By ALEX VEIGA, AP Business Writer NEW YORK (AP) — Sales of previously occupied U.S. homes edged higher in May, as stubbornly high mortgage rates and rising prices made homebuying less affordable even as the inventory of properties on the market continued to increase. Related Articles OpenAI scrubs mention of Jony Ive partnership after judge’s ruling over trademark dispute Federal Reserve’s Bowman says rate cut should be on table in July Compass files lawsuit against Zillow over private home listings policy Why target-date funds are great IRA investments With its stock in sharp decline, Trump’s media company will buy $400 million of its own…