U.S. stocks rallied to their best day in two months, and oil prices fell after President Donald Trump called off his threat to bomb Iran in the evening

{S&P 500 rallies 1.8% for its biggest gain in 2 months on hopes for a US-Iran deal to get oil flowing again} (CORRECTS: A previous APNewsAlert erroneously reported the percentage change as 1.7%.})

U.K. Defense Secretary John Healey has resigned, saying the government is not willing to spend enough on the military at a time of rising threats

Anthropic will donate $150 million to launch a fellowship program called Claude Corps that plans to help nonprofits effectively use artificial intelligence by embedding 1,000 trained fellows in various organizations for a year

First lady Melania Trump and Treasury Secretary Scott Bessent have announced the launch of Fostering the Future Accounts, designed to help foster children

Trump says he's called off new military strikes on Iran hours after threatening to escalate 3-month-old war

The average long-term U.S. mortgage rate ticked up this week to just below its high for the year, the latest sign that borrowing costs on home loans remain elevated relative to where they were before the war with Iran started

U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by surging energy prices

A new memo from U.S. health regulators is raising questions about a recent decision to authorize the first fruit-flavored e-cigarettes for adult smokers