New York

NEW YORK (AP) — Stocks rose in afternoon trading on Wall Street Tuesday as Americans head to the polls to vote in midterm elections that are being heavily influenced by inflation and the threat of a recession.

The S&P 500 rose 1.3% as of 12:13 p.m. Eastern. The Dow Jones Industrial Average rose 517 points, or 1.6% to 33,341 and the Nasdaq rose 1.5%.

Bond yields fell. The yield on the 10-year Treasury slipped to 4.15% from 4.22% late Monday.

07 Nov 2022; MEMO: Almost 130 scholars of Jewish history and Holocaust Studies from around the world have issued a stark warning in a letter to the UN not to adopt the highly controversial International Holocaust Remembrance Alliance (IHRA) definition of anti-Semitism.

NEW YORK, Nov. 4 (Xinhua) -- The U.S. dollar fell sharply in late trading on Friday as market participants digested the October U.S. employment figures.

The dollar index, which measures the greenback against six major peers, decreased 1.81 percent to 110.8770.

In late New York trading, the euro rose to 0.9951 U.S. dollars from 0.9755 dollars in the previous session, and the British pound increased to 1.1368 U.S. dollars from 1.1165 dollars in the previous session.

(AP) --- He may be good with rockets and electric cars, but don’t turn to Elon Musk for public health predictions.

“Probably close to zero new cases in US too by end of April,” the world’s richest man tweeted about COVID-19 in March 2020, just as the pandemic was ramping up.

(AP) --- Twitter began widespread layoffs Friday as new owner Elon Musk overhauls the company, raising grave concerns about chaos enveloping the social media platform and its ability to fight disinformation just days ahead of the U.S. midterm elections.

The speed and size of the cuts also opened Musk and Twitter to lawsuits. At least one was filed alleging Twitter violated federal law by not providing fired employees the required notice.

(AP) --- Twitter began widespread layoffs Friday as new owner Elon Musk overhauls the company, raising grave concerns about chaos enveloping the platform as a source of reliable information just days ahead of the U.S. midterm elections.

The speed and size of the cuts also opened Musk and Twitter to lawsuits. At least one was filed Thursday in San Francisco alleging that Twitter intends to lay off more workers and has violated federal law by not providing the required notice.

NEW YORK (AP) — Donald Trump’s inaugural committee chair, Tom Barrack, was acquitted of all counts Friday at a federal trial in which he was accused of using his personal access to the former president to secretly promote the interests of the United Arab Emirates.

The jury in Brooklyn deliberated three days before finding Barrack not guilty of acting as an unregistered agent of a foreign government, obstruction of justice and making false statements. Barrack had vehemently denied the charges.

UNITED NATIONS, Nov 03 (APP): Reaffirming its commitment to the Global Compact on Refugees, which calls for greater support for refugees and the countries that welcome them, Pakistan told a UN panel Wednesday about its “unparalleled” hospitality in hosting Afghan refugees for four decades while adhering to the highest standards of protection, which continued during the pandemic.

UNITED NATIONS, Nov 02 (APP): UN Secretary-General Antonio Guterres Wednesday issued a statement warmly welcoming Russia’s decision to resume its participation in the Black Sea Grain Initiative, which has allowed nearly ten million metric tonnes of vital foodstuffs to be shipped from Ukraine.

UNITED NATIONS, Nov 03 (APP): Pakistan, speaking on behalf of Group of 77 (developing countries) and China, Wednesday called for an immediate end to the 61-year-old United States’ economic, commercial and financial embargo on Cuba, saying that it was having a “debilitating impact” on the Island nation and its people.