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Stocks mount biggest comeback in years; S&P 500 jumps 2.6%

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NEW YORK (AP) — Wall Street staged its biggest comeback in years Thursday, as stocks roared back from steep morning losses caused by a worse-than-expected report on inflation.

Jan. 6 panel subpoenas Trump for testimony on Capitol attack

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WASHINGTON (AP) — The House Jan. 6 committee voted Thursday to subpoena Donald Trump for testimony before the panel over the 2021 attack at the Capitol.

Parkland school shooter to get life sentence for killing 17

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FORT LAUDERDALE, Fla. (AP) — Florida school shooter Nikolas Cruz will be sentenced to life without parole for the 2018 murder of 17 people at Parkland’s Marjory Stoneman Douglas High School, after the jury said Thursday that it could not unanimously agree that he should be executed — a decision that left some parents in tears as they exited the courtroom.

Ohio offers $156M in incentives for Honda battery plant

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COLUMBUS, Ohio (AP) — Ohio plans to offer approximately $156.3 million in tax incentives and infrastructure improvements for a massive battery plant project that Honda says is key to turning the state into its North American electric vehicle hub.

Social Security benefits to jump by 8.7% next year

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WASHINGTON (AP) — Millions of Social Security recipients will get an 8.7% boost in their benefits in 2023.

Late slide sends Wall Street lower in more uncertain trading

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A wobbly day of trading on Wall Street ended with a modest pullback for stocks Wednesday as investors weighed a report showed that inflation remains very hot, likely paving the way for more aggressive interest rate hikes by the Federal Reserve.

Alex Jones ordered to pay $965 million for Sandy Hook lies

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WATERBURY, Conn. (AP) — The conspiracy theorist Alex Jones should pay $965 million to people who suffered from his false claim that the Sandy Hook Elementary School shooting was a hoax, a jury in Connecticut decided Wednesday.

Biden hit on economy as more say finances poor: AP-NORC poll

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WASHINGTON (AP) — More U.S. adults are now feeling financially vulnerable amid high inflation — a political risk for President Joe Biden and his fellow Democrats one month before the midterm elections.

US clears updated COVID boosters for kids as young as 5

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The U.S. on Wednesday authorized updated COVID-19 boosters for children as young as 5, seeking to expand protection ahead of an expected winter wave.

Man accused of plotting to kill women in Ohio pleads guilty

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CINCINNATI (AP) — A 22-year-old man who authorities say identified as an involuntary celibate and plotted to kill women at an unnamed Ohio university has pleaded guilty to a federal charge of attempting a hate crime.