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Oil jumps to $100 per barrel and stocks sink worldwide with no clear end in sight for the Iran war
Business
AP

Oil jumps to $100 per barrel and stocks sink worldwide with no clear end in sight for the Iran war

  • By STAN CHOE - AP Business Writer
  • Updated

Worries about the war with Iran sent oil prices back to $100 per barrel and stocks sinking worldwide. The S&P 500 fell 1.5% Thursday and returned to big swings following a couple days of relative calm. The Dow Jones Industrial Average dropped 1.6%, and the Nasdaq composite sank 1.8%. The center of action was again the oil market, where the price of a barrel of Brent crude got as high as $101.59. Treasury yields climbed in the bond market on worries about higher inflation and fewer cuts to interest rates by the Federal Reserve.

Biden and Kishida discuss Japan 'stepping up' security
National

Biden and Kishida discuss Japan 'stepping up' security

  • By AAMER MADHANI Associated Press

The U.S. and Japan are ready to seal an agreement to bolster their cooperation on space. It's the latest in a series of moves by Japan as it looks to build security cooperation with allies in a time of provocative Chinese and North Korean military action. President Joe Biden and Japanese Prime Minister Fumio Kishida held wide-ranging talks at the White House on Friday. Later Friday, Secretary of State Antony Blinken and Japanese Foreign Affairs Minister Hayashi Yoshimasa will sign a U.S.-Japan Space Cooperation agreement. Kishida's Washington visit is the capstone on a weeklong tour of five European and North American capitals.

Yukiko Hikasa Ferguson
Obituaries

Yukiko Hikasa Ferguson

  • Updated

Mrs. Yukiko Hikasa Ferguson left this world on Thursday, November 3, 2022, after a brief illness. Yuki was predeceased by her husband, Dr. Ray…