Why investors' fear of high inflation is probably overblown

WASHINGTON (AP) — The past week's stomach-churning stock market losses were ignited by a sudden and contagious fear of surging inflation and higher interest rates. Many investors worried that inflation would send borrowing rates up and sap corporate profits, stock prices and the U.S. economy.

  • Written by By CHRISTOPHER RUGABER , AP Economics Writer

Trump flirts with flashy military parade long eschewed by US

WASHINGTON (AP) — For generations, as America's authoritarian rivals strutted their tanks, troops and jets through main thoroughfares in dramatic displays of strength, the United States watched from afar, but did not emulate.

  • Written by By JOSH LEDERMAN , Associated Press

Russian hackers hunt hi-tech secrets, exploiting US weakness


WASHINGTON (AP) — Russian cyberspies pursuing the secrets of military drones and other sensitive U.S. defense technology tricked key contract workers into exposing their email to theft, an Associated Press investigation has found.

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  • Written by BY JEFF DONN, DESMOND BUTLER and RAPHAEL SATTER , Associated Press

6 dead, 76 missing after strong quake hits Taiwan


HUALIEN, Taiwan (AP) — Rescuers worked Wednesday to free people trapped after a strong earthquake near Taiwan's east coast caused several buildings to cave in and tilt dangerously. At least six people were killed and 76 could not be contacted following the quake.

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  • Written by By TAIJING WU , Associated Press