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OPEC+ countries to boost oil production

NEW YORK (AP) — A group of countries that are part of the OPEC+ alliance of oil-exporting countries has agreed to boost oil production, a move some believe could lower oil and gasoline prices, citing a steady global economic outlook and low oil inventories. The group met virtually Sunday and announced that eight of its member countries would increase oil production by 547,000 barrels per day in September. The countries boosting output, including Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman, had been participating in voluntary production ...

Vast majority of U.S. adults stressed about grocery costs, poll finds

NEW YORK (AP) — The vast majority of U.S. adults are at least somewhat stressed about the cost of groceries, a new poll finds, as prices continue to rise and concerns about the impact of President Donald Trump’s tariffs remain widespread. About half of all Americans say the cost of groceries is a “major” source of stress in their life right now, while 33% say it’s a “minor” source of stress, according to the poll from The Associated Press-NORC Center for Public Affairs Research. Only 14% say it’s not a source of stress, underscoring the pervasive anxiety most Americans ...

Tesla awards CEO Musk millions of shares valued at about $29 billion

(AP) — Tesla gave Elon Musk a stock grant of $29 billion on Monday as a reward for years of “transformative and unprecedented” growth despite a recent foray into right-wing politics that has hurt its sales, profits and its stock price. In giving its billionaire CEO 96 million in ...

Thousands of Boeing workers who build fighter jets and weapons go on strike

NEW YORK (AP) — Several thousand workers at three Midwest manufacturing plants where Boeing develops military aircraft and weapons went on strike early Monday, potentially complicating the aerospace company’s progress in regaining its financial footing. The strike started at Boeing ...

Dow leaps 585 points as US stocks win back most of Friday’s wipeout

NEW YORK (AP) — U.S. stocks rallied on Monday and won back most of their sharp loss from last week, when worries about how President Donald Trump’s tariffs may be punishing the economy sent a shudder through Wall Street. The S&P 500 jumped 1.5% to follow up its worst day since May with its best since May. The Dow Jones Industrial Average climbed 585 points, or 1.3%, and the Nasdaq composite leaped 2%. Idexx Laboratories helped lead the way and soared 27.5% after the seller of veterinary instruments and other health care products reported a stronger profit for the spring than ...