Stocks fall but Wall Street notches a winning week after several turbulent days

Pope Leo thanks God as 1.5 million cheer in Peru city he served as bishop

CHICLAYO, Peru — Pope Leo held the central event of his 12-day South America tour on Friday, an outdoor Mass in northern Peru where he told a vast crowd of people who once knew him as their bishop that he thanked God he was alive to see them. People arrived on foot and in lines of vehicles at an arid field outside Chiclayo, a city 10,700 km (6,650 miles) from Rome, where the former Robert Prevost, elected leader of the Catholic Church last year, is still described as "Padre" (Father) or "Amigo" (Friend). Cheers erupted as Leo toured in an open-air popemobile at the Pampas de Pimentel, a desert park west of Chiclayo, where people waved white-and-yellow Vatican flags and used umbrellas to guard against an intense Pacific coast sun. Screams of "Pope Leo is here!" and "The pope is from Chiclayo!" echoed across the field. In a sermon, Leo said it was a blessing to be in his adopted home exactly one month after he underwent lung cancer surgery, an operation many feared would force cancellation of his visit and which the pope told the crowd was a "time of trial." He thanked people in Chiclayo

Bessent blames Lutnick's Commerce Department for not restricting Nvidia chips to China

WASHINGTON — Treasury Secretary Scott Bessent said Friday he was frustrated with the Commerce Department’s delay in implementing restrictions over the export of certain Nvidia chips to China. Bessent said on CNBC that his department, along with the departments of State and Defense and the U.S. Trade Representative, were in favor of adding Megaspeed to an export control list for months but that the Commerce Department was in charge of the matter. “I am frustrated when President Trump made it very clear China should not receive any Nvidia chips above H100s,” he said, referring to an older generation of the company's advanced AI chips. Commerce “has the pen, and you will have to ask them about their internal processes.” Bessent's comments were an unusually public rebuke of the Commerce Department, which oversees U.S. government controls over exports of sensitive, high-tech goods. The comments come as Nvidia’s ties to Singapore-based Megaspeed International, which prominently touts the companies’ partnership on its website, play a prominent role in the resignation of Nvidia

Stocks sway as Wall Street heads for winning week after several turbulent days

NEW YORK — Stocks swung sharply in morning trading Friday as Wall Street remains on track for its first winning week since early October. Major indexes have been unsteady throughout the week as AI-focused companies pushed and pulled the market. Many of those companies have big stock values with a heavier impact on the market's gains or losses. The S&P 500 shifted from modest moves at the opening of trading to a 1 percent drop. The index still remains on track for a weekly gain of 1.9 percent. The Dow Jones Industrial Average fell 67 points, or 0.1 percent, as of 10:37 a.m. Eastern time. The Nasdaq composite fell 1.8 percent. The market remains unsteady a day after the AI industry was rocked by the resignation of Nvidia CEO Jensen Huang. The company has been the face of the AI industry, which has been responsible for much of the gains, and big swings, on Wall Street. Huang stepped down after his affair with a Chinese tech executive raised U.S. national security concerns. Nvidia’s longtime chief financial officer, Colette Kress, will be its interim CEO. The AI industry's influence over W

US grounds all departing flights due to ‘extraordinary circumstance, safety reasons’

The ground stop will impact thousands of flights and hundreds of thousands of passengers: US airspace handles around 45,000 flights a day.

Mỹ lên tiếng trước tin Iran tấn công trạm radar cảnh báo sớm ở Bahrain

Quân đội Mỹ bác bỏ tuyên bố của Lực lượng Vệ binh Cách mạng Hồi giáo Iran (IRGC) về việc đã tấn công một trạm radar cảnh báo sớm của Mỹ tại Bahrain.

New Orleans crash updates: Dozens taken to hospital after tanker slams into riverboat carrying 129 people

The boat, named American Heritage, was left partially submerged in the Mississippi River after the collision Friday

Microsoft’s global outage should be an urgent wake-up call, expert warns

The crash caused massive disruption to public services including hospitals and schools

FAA issues ‘ground stop’ for all flights across US due to ‘extraordinary circumstances and safety issues’

The agency stated, ‘All departing traffic should remain groundstopped until further notice’

US Grounds All Departing Flights Due To Communication Breakdown

Hungarian authorities recover $18 million in cash during investigation into Orbán-era minister

Hungarian authorities have recovered around $18 million in hidden cash as part of an investigation into an ex-minister under former Prime Minister Viktor Orbán

Sheriffs across Massachusetts have requested $241 million to repair and renovate their jails

Bristol County Sheriff Paul Heroux is seeking $27 million in state funding to renovate the Dartmouth House of Correction

Stocks fall but Wall Street notches a winning week after several turbulent days