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US allows more than a dozen ships through to Iranian ports, lifting blockade under deal, Vance says

WASHINGTON (AP) — Vice President JD Vance said Thursday that the U. S. Navy has allowed more than a dozen ships through to Iranian ports, lifting a blockade as part of an agreement to end the war. Vance made the announcement at a White House press briefing, where he said more oil is now flowing...

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Average 30-year U.S. mortgage rate falls to 6.47%, tracking lower bond yields as Iran war winds down

WASHINGTON (AP) — The average long-term U. S. mortgage rate fell this week, tracking Treasury yields that have retreated since a deal to end the war with Iran was announced. The benchmark 30-year fixed rate mortgage rate fell to 6. 47% from 6. 52% last week, mortgage buyer Freddie Mac said One 6...

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California billionaire tax proposal is slated to qualify for the November ballot

SACRAMENTO, Calif. (AP) — A proposal to temporarily increase taxes on billionaires in California to counter federal cuts to healthcare for low-income people has sufficient public support to qualify for the November ballot, the state’s top elections official said. Secretary of State Shirley a a...

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Federal regulators back Trumps plan to speed power to energy-hungry AI data centers

WASHINGTON (AP) — Federal regulators on Thursday agreed to let large energy users connect more quickly to the nation’s inefficient and electric transmission system to accommodate surging demand from power-hungry artificial intelligence data centers. Energy Secretary Chris Wright had urged the...

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Residents return to war-ravaged southern Lebanon with hope and sorrow after the US-Iran deal

TYRE, Lebanon (AP) — Adnan Kaour returned on Thursday to check on his home in southern Lebanon 's coastal city of Tyre — once known as an idyllic summer getaway spot — just a week after Israel issued warnings for all of its residents to evacuate. The warnings were followed by sweeping on the...

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