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US stocks edge further from their records as oil prices keep swinging

NEW YORK (AP) — U.S. stocks slipped a bit further from their records Tuesday, while oil prices kept swinging on uncertainty about when the war with Iran will allow crude to flow freely again. The S&P 500 fell 0.3% for a second modest drop since setting its all-time high on Friday. The Dow Jones Industrial Average dipped 184 points, or 0.3%, and the Nasdaq composite sank 0.6%. The action was stronger in the oil market, where the price for a barrel of Brent crude briefly jumped above $90 in the morning before falling back below $87. It eventually settled at $88.91, up 1.4% from ...

Taylor Farms recalls jalapeno products sold in Niles, Boardman

The Associated Press Taylor Fresh Foods, parent company of Taylor Farms, is voluntarily recalling some products that include jalapenos because of worries about a possible salmonella contamination. The affected stores included Target, with locations in Niles and Boardman. Walmart is part of the national recall, but its Ohio stores are not included. The announcement comes a few weeks after Taylor Farms voluntarily recalled its iceberg lettuce products sourced from central Mexico because of a potential link to a multistate cyclospora outbreak that has sickened people across the ...

AAA: Pump prices decline this week

Staff report Gas prices are 19 cents lower in Northeast Ohio this week at $4.025 per gallon, according to Monday’s AAA East Central’s Gas Price Report. The national average for a gallon of regular gasoline has fallen 9 cents over the past week to $4. Crude oil prices are currently in the $80 per barrel range as uncertainty remains about when the Strait of Hormuz will resume normal operations. As of Monday, more than half of states are paying below $4 per gallon on average. Gas prices typically start going down this time of year, as many schools and universities begin fall ...

AI boom

With no background in coding, Faith Maeba, a psychology major, was reluctant when her mother first suggested she enroll in classes on artificial intelligence. But the senior at Virginia Commonwealth University began to see it differently as she looked into graduate psychology programs that ...

3 tricky decisions for every retirement plan

Many aspects of retirement planning are the subject of hot debate, even among experts. Here are three tricky decisions that confront people planning retirement today. Decision 1: How much to withdraw each year in retirement It’s impossible to say at the outset of retirement what the “right” withdrawal rate is. You don’t know what the major asset classes will return or how high (or low) inflation will run during your retirement. Nor do you know how long you’ll live. But you have to use something, and this is where the disagreements come in. A 4% starting withdrawal rate, ...

Rocket fuel

WASHINGTON — President Donald Trump has been losing his own battle to cut interest rates. The president likes to vilify high rates as an affront to the size and strength of the U.S. economy, saying that America deserves the cheapest borrowing costs in the world. Trump for months publicly ...