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US stocks snap a 7-day winning streak as gold’s price tops $4,000 per ounce

NEW YORK (AP) — Wall Street’s record-breaking rally ran out of momentum on Tuesday after the price of gold topped $4,000 per ounce for the first time. The S&P 500 dipped 0.4% from its latest all-time high and broke a seven-day winning streak. The Dow Jones Industrial Average fell 91 points, or 0.2%, and the Nasdaq composite sank 0.7%. Stocks took a pause following a nearly relentless rush higher since April on hopes that the economy will remain resilient and that the Federal Reserve will continue to cut interest rates. Tesla was the heaviest weight on the market and dropped ...

Ohio lawmakers want national debt addressed

(The Center Square) — Ohio Republicans want the federal government to get a handle on the national debt, saying taxpayers are overburdened and long-term national security is compromised. State Reps. David Thomas, R-Jefferson, and Roy Klopfenstein, R-Haviland, introduced a resolution in the House of Representatives on Tuesday that urges Congress to address what they called a growing problem. If passed, the resolution carries little weight toward action, but the two believe it sends a message to the federal government. “Responsible spending doesn’t burden our children and ...

Freedom of the press? Not according to DC appellate court

(The Center Square) — First Amendment rights for journalists aren’t guaranteed, according to a recent appellate court ruling, with which U.S. Sen. Ted Cruz, R-Texas, and multiple news organizations disagree. The Trump administration’s FBI, Departments of Defense, Homeland Security and Justice are listed as appellees in a First Amendment case, Yanping Chen v FBI, et al, in which a panel of three judges upheld a lower court ruling compelling a journalist to divulge the identity of her source. The case relates to a Chinese national, Yanping Chen, who became a lawful permanent ...

Gaza peace talks appear to gain momentum on the war’s anniversary

CAIRO (AP) — Peace talks between Israel and Hamas resumed at an Egyptian resort city on Tuesday, the two-year anniversary of the militant group’s surprise attack on Israel that started the war that has killed tens of thousands of Palestinians in the Gaza Strip. The second day of indirect negotiations at the Red Sea resort of Sharm el-Sheikh is focused on a plan proposed by U.S. President Donald Trump last week that aims to bring about an end to the war. Khalil al-Hayya, a senior Hamas official, told Egypt’s Qahera TV that Hamas wanted guarantees of a lasting ceasefire as part ...