New York

USA: Stocks waver on Wall Street a day after a big stumble

NEW YORK (AP) — Stocks wavered in afternoon trading on Wall Street Tuesday, but remain in the red for the week following the biggest pullback in the S&P 500 since mid-June.

The S&P 500 fell 0.1% as of 12:08 p.m. Eastern. The benchmark index is down 2.2% for the week following a sell-off on Monday.

The Dow Jones Industrial Average slipped 127 points, or 0.4%, to 32,935 and the Nasdaq rose 0.1%.

Energy stocks made solid gains as U.S. crude oil prices rose 3.7%. Exxon Mobil gained 3.8%.

USA: Pfizer COVID shots appear 73% effective in children under 5

(AP) --- Pfizer’s COVID-19 vaccine was 73% effective in protecting children younger than 5 as omicron spread in the spring, the company announced Tuesday.

Vaccinations for babies, toddlers and preschoolers opened in the U.S. in June after months of delay. Only about 6% of youngsters ages 6 months through 4 years had gotten at least one dose of a COVID-19 vaccine by mid-August, according to the American Academy of Pediatrics.

USA: Stocks fall broadly in afternoon trading on Wall Street

NEW YORK (AP) — Stocks fell broadly in afternoon trading on Wall Street Monday, extending the market’s losses amid worries about inflation and the path ahead for the economy.

The S&P 500 fell 1.7% as of 12:11 p.m. Eastern and more than 90% of stocks in the benchmark index posted losses. It finished in the red last week, breaking a four-week winning streak.

The Dow Jones Industrial Average fell 481 points, or 1.4%, to 33,226 and the Nasdaq fell 2.1%.

Technology companies and retailers had some of the heaviest losses. Microsoft fell 2.5% and Target fell 2.1%.

USA: Trump’s turbulent White House years culminate in Fla. search

NEW YORK (AP) — Mounds of paper piled on his desk. Framed magazine covers and keepsakes lining the walls. One of Shaquille O’Neal’s giant sneakers displayed alongside football helmets, boxing belts and other sports memorabilia, crowding his Trump Tower office and limiting table space.

Terrorism victims, survivors must never be forgotten: UN chief

UNITED NATIONS, Aug 21 (APP): UN Secretary-General Antonio Guterres Sunday paid tributes to victims of terrorism, marking the international day established to ensure that “victims and survivors are always heard and never forgotten.”

“On this international day and every day, let us make sure that victims and survivors are always heard and never forgotten. And let us do everything we can to prevent more victims in the future,” the UN chief said in a message for the International Day of Remembrance of and Tribute to the Victims of Terrorism, observed on August 21 annually.

Modi seeks to define Indians as Hindus, as he rewrites national narrative: Experts

NEW YORK, Aug 21 (APP): Prime Minister Narendra Modi’s speech on India’s Independence Day this year marked a departure from his predecessors’ addresses in which they traditionally set aside partisan rivalries, and focused on the importance of the country’s founding leader, M.K. Gandhi, and the nonviolent movement, the Indian democracy, and the need for tolerance and inclusion, according to two Indian-American experts on South Asia.

USA: After years of scrutiny of NY detective, a case gets retried

NEW YORK (AP) — In the bloody years when killings peaked in New York City, Detective Louis Scarcella built a reputation for closing cases.

A second-generation cop who smoked cigars, ran marathons, worked a side job at a Coney Island amusement park and jokingly put “adventurer” on his business card, the now-retired sleuth has been frank about lying to suspects, even praying with them, to elicit information. In the 1980s and ’90s, he got confession after confession. Prosecutors got conviction after conviction.

Over half of U.S. companies to lay off employees: Bloomberg

NEW YORK, Aug. 20 (Xinhua) -- More than half of all U.S. companies are planning to lay off employees, the Bloomberg reported on Thursday, citing a survey by consultant PwC.

The survey, which polled more than 700 U.S. executives and board members across a range of industries, found half of respondents are reducing headcount, and 52 percent have implemented hiring freezes.

More than 40 percent companies are rescinding job offers, the report added.

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