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US stocks slip as Wall Street braces for an update on inflation

NEW YORK (AP) — U.S. stocks edged back from their record heights on Monday in Wall Street’s final moves before an upcoming update on inflation. The S&P 500 dipped 0.3% after flirting with its all-time high, which was set two weeks ago, earlier in the day. The Dow Jones Industrial Average dropped 200 points, or 0.5%, while the Nasdaq composite shaved 0.3% off its own record. The highlight of this week for Wall Street will likely arrive on Tuesday, when the government will report how bad inflation was across the country in July. Economists expect it to show U.S. consumers had to ...

Europe and Ukraine leaders seeking talks with Trump to defend their interests ahead of US-Russia summit

BRUSSELS (AP) — Ukraine and its European backers on Monday sought talks with U.S. President Donald Trump in an effort to protect their security interests ahead of his summit with Russian President Vladimir Putin later this week. Ukrainian President Volodymyr Zelenskyy has so far been excluded from the U.S.-Russia summit in Alaska on Friday, and the Europeans are unlikely to be invited. All are wary that Putin and Trump might agree, without Ukraine’s participation, to land swaps of Ukraine’s territory or other terms that might favor Russia. German Chancellor Friedrich Merz ...

‘Weapons’ horror film scores a box office victory

LOS ANGELES (AP) — It’s August, and horror and humor came to play. In a month that’s long been known to let edgier movies thrive, Zach Cregger’s highly anticipated horror film “Weapons” did not disappoint, topping the box office during its debut weekend with $42.5 million domestically from 3,202 theaters. It made $70 million internationally. The film’s success also handed its distributor, Warner Bros. Pictures, the seventh No. 1 opening of the year, and became the studio’s sixth film in a row to debut with over $40 million domestically. “Freakier Friday,” ...

Rockwell Automation announces $2B investment in Ohio and Wisconsin

(The Center Square) — Rockwell Automation is promising a $2 billion manufacturing investment in two states over the next five years. The company made the announcement this week, with an eye toward expanding in Wisconsin and Ohio. “The plants that are in both states will be ...

Casino gaming revenue relatively flat in Ohio

(The Center Square) — Gaming revenue at Ohio’s four casinos is relatively flat, but a change in sports betting concerns industry analysts. In February, the Ohio Casino Control Commission established new rules to allow college bets only on overall outcomes, final scores, over/under point totals and against the spread. The change came quickly after Gov. Mike DeWine encouraged the NCAA to request the change at the end of January. The change didn’t impact professional sports but received support from the NFL, Major League Baseball, the NBA, WNBA, Major League Soccer and the ...

6.1 earthquake hits Turkey’s Balikesir province, killing 1 and collapsing buildings

ISTANBUL (AP) — A magnitude 6.1 earthquake struck Turkey’s northwestern province of Balikesir on Sunday, killing at least one person and causing more than a dozen buildings to collapse, officials said. At least 29 people were injured. The earthquake, with an epicenter in the town of Sindirgi, sent shocks that were felt some 200 kilometers (125 miles) to the north in Istanbul - a city of more than 16 million people. An elderly woman died shortly after being pulled out alive from the debris of a collapsed building in Sindirgi, Interior Minister Ali Yerlikaya told reporters. Four ...