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By FATIMA HUSSEIN WASHINGTON (AP) — The go-broke dates for Medicare and Social Security ‘s trust funds have moved up as rising health care costs and new legislation affecting Social Security benefits have contributed to earlier projected depletion dates, according to an annual report released Wednesday. Related Articles ‘Nobody knows:’ Trump won’t say whether he will move forward with US strikes on Iran Supreme Court OKs Tennessee ban on gender-affirming care for kids, a setback for transgender rights Hegseth says the Pentagon has given Trump possible options for Israel-Iran conflict Judge says government can’t limit passport sex markers for many…
By MICHELLE CHAPMAN, AP Business Writer Amazon CEO Andy Jassy anticipates generative artificial intelligence will reduce its corporate workforce in the next few years as the online giant begins to increase its usage of the technology. “We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs,” Jassy said in a message to employees. “It’s hard to know exactly where this nets out over time, but in the next few years, we expect that this will reduce our total corporate workforce as we get efficiency gains from using…
By AAMER MADHANI WASHINGTON (AP) — President Donald Trump would not say Wednesday whether he has decided to order a U.S. strike on Iran, a move that Tehran warned anew would be greeted with stiff retaliation if it happens. “I may do it, I may not do it,” Trump said in an exchange with reporters at the White House . “I mean, nobody knows what I’m going to do.” Trump added that it’s not “too late” for Iran to give up its nuclear program as he continues to weigh direct U.S. involvement in Israel’s military operations aimed at crushing Tehran’s…
By STAN CHOE, AP Business Writer NEW YORK (AP) — U.S. stocks are rising on Wednesday as Wall Street waits to hear where the Federal Reserve may be taking interest rates. The S&P 500 was 0.5% higher in morning trading. The Dow Jones Industrial Average was up 244 points, or 0.6%, as of 10:30 a.m. Eastern time, and the Nasdaq composite was 0.6% higher. Some of the strongest moves were again in the oil market, where crude prices dropped after President Donald Trump said it’s not “too late” for Iran to give up its nuclear program. Oil prices have been yo-yoing for days because of rising and ebbing fears that Israel’s fighting…
By MARK SHERMAN WASHINGTON (AP) — The Supreme Court on Wednesday upheld Tennessee’s ban on gender-affirming care for transgender minors, a stunning setback to transgender rights. The justices’ 6-3 decision in a case from Tennessee effectively protects from legal challenges many efforts by President Donald Trump’s Republican administration and state governments to roll back protections for transgender people. Another 26 states have laws similar to the one in Tennessee. The decision comes amid a range of other federal and state efforts to regulate the lives of transgender people, including which sports competitions they can join and which bathrooms they can…
By PAUL WISEMAN, AP Economics Writer WASHINGTON (AP) — The number of Americans applying for unemployment benefits dipped to 245,000 last week, hovering at historically low levels, the Labor Department said Wednesday. U.S. jobless claims ticked down from 250,000 the week before. Economists had expected last week’s claims to match that at 250,000. The four-week average of claims, which smooths out week-to-week volatility, rose to 245,500, the highest since August 2023. The number of Americans collecting unemployment benefits the week of June 7 slid to 1.95 million. Weekly unemployment claim are a proxy for layoffs and mostly have stayed within…
OMAHA, Neb. — A doubleheader spelled double trouble for the UCLA baseball team’s stay at the College World Series. The 15th-ranked Bruins lost two games against Southeastern Conference teams in the span of 12 hours on Tuesday, ending their season rather abruptly after six straight postseason wins. UCLA dropped a pair – first 9-5 in the completion of Monday’s suspended game against sixth-ranked LSU, then a 7-3 loss to No. 3 Arkansas in an evening elimination game at Charles Schwab Field Omaha. The losses bounced the Bruins (48-18) from their first CWS appearance since 2013. “It feels somewhat easy when…
CF Monterrey’s Sergio Ramos (93) scores on a header during the first half of their Club World Cup opener against Inter Milan on Tuesday, June 17, 2025, at the Rose Bowl. (Photo by Keith Birmingham, Orange County Register/SCNG) CF Monterrey’s Sergio Ramos (93) reacts after scoring on a header during the first half of their Club World Cup opener against Inter Milan on Tuesday, June 17, 2025, at the Rose Bowl. (Photo by Keith Birmingham, Orange County Register/SCNG) Sergio Ramos #93 of CF Monterrey reacts after scoring with the header against FC Internazionale Milano In the first half of a…
LOS ANGELES — When the Dodgers and San Diego Padres get together, the baseball is usually pretty good. Like a good reality show, though, the drama is even better. Last fall’s five-game National League Division Series featured Jurickson Profar’s now-you-see-it, now-you-don’t trolling of Dodgers fans after he robbed Mookie Betts of a home run. When Fernando Tatis Jr. started taunting fans in the right field pavilion, debris rained down on the outfield and NLDS Game 2 was briefly halted with security taking the field. Later in the series, Jack Flaherty and Manny Machado were exchanging words when Machado threw a…
LOS ANGELES — Playing without leading scorer Kelsey Plum and guard Odyssey Sims, the Sparks proved no match for the Seattle Storm. The short-handed hosts trailed by 34 points in the second half and had few answers for a stifling defensive effort from the Storm in a 98-67 loss on Tuesday night at Crypto.com Arena. The Sparks shot 32.8% from the field (21 for 64) and scored a season-low 67 points. They were outscored 28-14 in the third quarter, trailed 75-51 heading into the fourth and lost their second straight game to drop to 4-9. Rickea Jackson led the Sparks…