Asian benchmarks decline after bear market hits Wall Street

By YURI KAGEYAMA TOKYO (AP) — Asian shares fell across the board Tuesday after Wall Street tumbled into a bear market, indicating that major U.S. benchmarks and individual stocks have fallen 20% or more from a recent high for a sustained period of time. Benchmarks fell in Japan, Australia, South Korea and China. The Japanese…

NBA Finals: Andrew Wiggins propels Warriors to Game 5 win, 3-2 series lead over Celtics

By JANIE McCAULEY AP Sports Writer SAN FRANCISCO — Andrew Wiggins delivered the biggest game yet in his eight-year career with 26 points and 13 rebounds, Klay Thompson scored 21 points and the Golden State Warriors beat the Boston Celtics, 104-94, on Monday night for a 3-2 NBA Finals lead. Steph Curry contributed 16 points…

Blue Jays starter Alek Manoah throws six one-hit innings to shut down Orioles, whose bullpen falters again in 11-1 loss

For several seconds Monday night, right-hander Logan Gillaspie remained hunched over on the edge of the mound, hands on his knees and two more runs on the board. He had entered in the fifth inning with two runners on and the game still within reach. And when he left? The right-hander trudged to the dugout…

Michelle Obama urges LA Summit crowd to help ‘expand democracy’

Michelle Obama is the keynote speaker at the Culture of Democracy Summit at the Bank of California Stadium Monday, June 13, 2022. (Photo by David Crane, Los Angeles Daily News/SCNG) Michelle Obama gets a photo with volunteers at the Culture of Democracy Summit at the Bank of California Stadium Monday, June 13, 2022. (Photo by…

Oversight scarce as billions in COVID aid poured into California schools

By Robert Lewis and Joe Hong | CalMatters When the pandemic closed schools in March 2020 – abruptly ending classes and stranding children and working parents – leaders in Washington and Sacramento scrambled to provide relief. The result was a series of stimulus measures that allocated $33.5 billion in state and federal funds to California’s…

Tyler D. Michals: The collisions between sports and politics underscore our need for tolerance of dissent

The intersection of sports and politics has occasionally been fraught with controversy. Amid the civil rights movement, Muhammad Ali was briefly banned from boxing for his stance on the Vietnam War. Tommie Smith and John Carlos were subject to significant criticism for raising their fists in a salute to Black power at the 1968 Summer…

Oversight scarce as billions in COVID aid poured into California schools

By Robert Lewis and Joe Hong | CalMatters When the pandemic closed schools in March 2020 – abruptly ending classes and stranding children and working parents – leaders in Washington and Sacramento scrambled to provide relief. The result was a series of stimulus measures that allocated $33.5 billion in state and federal funds to California’s…

Tyler D. Michals: The collisions between sports and politics underscore our need for tolerance of dissent

The intersection of sports and politics has occasionally been fraught with controversy. Amid the civil rights movement, Muhammad Ali was briefly banned from boxing for his stance on the Vietnam War. Tommie Smith and John Carlos were subject to significant criticism for raising their fists in a salute to Black power at the 1968 Summer…

California regulators tilt at windmills

Last month, state energy officials warned that California likely will have a shortage of electricity this summer equivalent to what is needed to power about 1.3 million homes. So why are local and state regulators increasingly trying to force Californians to rely on increasingly unreliable electricity? In Sacramento, the California Air Resources Board is working…

Jan. 6 panel hears Trump ‘detached from reality’ amid defeat

By LISA MASCARO and MARY CLARE JALONICK | Associated Press WASHINGTON — Donald Trump’s closest campaign advisers, top government officials and even his family were dismantling his false claims of 2020 election fraud ahead of Jan. 6, but the defeated president was becoming “detached from reality” and clinging to outlandish theories to stay in power,…

The S&P 500 is in a bear market — here’s what that means

By STAN CHOE and ALEX VEIGA | Associated Press NEW YORK — Wall Street is back in the claws of a bear market as worries about inflation and higher interest rates overwhelm investors. The Federal Reserve has signaled it will aggressively raise interest rates to try to control inflation, which is the highest in decades.…

MLB denies Josh Donaldson’s appeal over suspension for disrespectful Tim Anderson comments

Josh Donaldson will be out for Tuesday night’s series opener against the Rays. The Yankees third baseman will serve the one-game suspension handed down by MLB for his disrespectful taunting of White Sox shortstop Tim Anderson. Donaldson’s appeal of the suspension was denied by John McHale on Monday. Donaldson was accused by the White Sox…

El-Erian: Inflation could reach 9%, challenging to Fed

By Tony Czuczka | Bloomberg Allianz SE’s Mohamed El-Erian said the US inflation rate may increase further and recession risks are “tilted in a negative way right now.” “I think you’ve got to be very modest about what we know about this inflation process,” El-Erian said on CBS’s “Face the Nation” on Sunday. “And I…

Oversight scarce as billions in COVID aid poured into California schools

By Robert Lewis and Joe Hong | CalMatters When the pandemic closed schools in March 2020 – abruptly ending classes and stranding children and working parents – leaders in Washington and Sacramento scrambled to provide relief. The result was a series of stimulus measures that allocated $33.5 billion in state and federal funds to California’s…