Is Father's Day getting more respect? Depends on who you ask

Is Father’s Day starting to get a little more attention as a holiday? Not if you check social media. In a post on TikTok and X, rapper Plies talks about how Father’s Day carries about as much clout as Groundhog Day, saying Sunday's holiday might as well be removed from the calendar. But the spending disparity with Mother's Day may be narrowing, according to the National Retail Federation and Prosper Insights & Analytics. The organizations forecast that a record-breaking $24 billion will be spent on Father’s Day this year, surpassing the previous mark of $22.9 billion in 2023. They say consumers plan to spend an average of $199.38 on their dads and father figures this year.

G7 leaders gather in Canada for a summit overshadowed by Israel-Iran crisis and trade wars

KANANASKIS, Alberta (AP) — Leaders of some of the world’s biggest economic powers arrive in the Canadian Rockies for a Group of Seven summit that's been shadowed by an escalating conflict between Israel and Iran and U.S. President Donald Trump’s unresolved trade war. Israel’s strikes on Iran and Tehran’s retaliation appeared to catch many world leaders unawares. Canadian Prime Minister Mark Carney has decided to abandon the annual practice of issuing a joint statement. With other leaders wanting to talk to Trump in an effort to talk him out of slapping tariffs, the summit risks being a series of bilateral conversations rather than a show of unity.

Trump administration offers some details of how it would control US Steel, but union raises concerns

CALGARY, Alberta (AP) — President Donald Trump would have unique influence over the operations of U.S. Steel under the terms of the investment being made by Nippon Steel. Administration officials over the past few days provided additional insight into the so-called golden share arrangement that the federal government made as a condition for supporting the partnership. Under the government’s terms, it would be impossible without Trump’s consent to relocate U.S. Steel’s headquarters from Pittsburgh, change the name of the company, “transfer production or jobs outside the United States,” shutter factories, or reincorporate the business overseas, among other powers held by the president.

Trump curbs immigration enforcement at farms, meatpacking plants, hotels and restaurants

WASHINGTON (AP) — The Trump administration has directed immigration officers to pause arrests at farms, restaurants and hotels after President Donald Trump expressed alarm about the impact of aggressive enforcement. The move comes after Stephen Miller, chief architect of Trump’s immigration policies, said U.S. Immigration and Customs Enforcement would target 3,000 arrests a day, up from about 650 a day during the previous five months. The New York Times reports the directive Thursday told ICE to halt workplace investigations in key industries. A U.S. official who spoke to The Associated Press on condition of anonymity confirmed the contents of the order.

Asian shares are mixed and oil prices advance as Israel-Iran crisis escalates

HONG KONG (AP) — Asian shares are mixed and oil prices have climbed further as escalating Iran-Israel tensions threaten to disrupt supplies of crude. Chinese economic data in May showed stronger consumer spending but weaker factory activity and investment. On Friday, oil prices leaped and stocks slumped after Israel’s attack on Iranian nuclear and military targets. The S&P 500 sank 1.1%. The Dow Jones Industrial Average dropped 1.8%, and the Nasdaq composite lost 1.3%. Crude prices jumped roughly 7% because Iran is one of the world’s major oil producers and fighting in the region could hinder exports. Treasury yields rose with worries about inflation.

Death toll in Indian plane crash climbs to 270 as search teams find more bodies

AHMEDABAD, India (AP) — Search and recovery teams continue to search the site of one of India’s worst aviation disasters for a third day. An Air India flight fell from the sky Thursday, killing at least 270 people on board and on the ground in Gujarat state. The London-bound Boeing 787 struck a medical college hostel in a residential area of the northwestern city of Ahmedabad minutes after takeoff. Officials say recovery teams working until late Friday found at least 25 more bodies in the debris. The lone surviving passenger is still under observation at the Civil Hospital in Ahmedabad.

Taiwan adds China’s Huawei and SMIC to export control list

TAIPEI, Taiwan (AP) — Taiwan’s Commerce Ministry has added Chinese chipmakers Huawei Technologies and Semiconductor Manufacturing International Corp to its export control list, as trade and technology frictions between the self-ruled island, China and the United States increase. Inclusion on the “strategic high-tech commodities” list means Taiwanese companies will need to obtain export permits before selling goods to the respective companies. Other entities on the list include organizations such as the Taliban and al-Qaeda, as well as companies in China, Iran and elsewhere.

'How to Train Your Dragon' soars in box office debut with $83.7 million, beating 'Lilo & Stitch'

LOS ANGELES (AP) — “How to Train Your Dragon” took flight at the box office this weekend, proving that some remakes still have teeth. According to Comscore estimates Sunday, the Universal live-action adaptation of the beloved animated franchise soared to a strong $83 million debut in North American theaters. The film is directed by franchise veteran Dean DeBlois and follows the unlikely friendship between a young Viking named Hiccup and a dragon called Toothless. It also claimed the No. 1 spot ahead of Disney’s “Lilo & Stitch,” which slipped to second place after topping the charts for three weekends.

Oil prices leap 7% and US stocks slump more than 1% on worries about the crude market

NEW YORK (AP) — Oil prices leaped, and stocks slumped on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy. The S&P 500 sank 1.1% Friday and wiped out what had been a modest gain for the week. The Dow Jones Industrial Average dropped 769 points, and the Nasdaq composite lost 1.3%. Crude prices jumped roughly 7% because Iran is one of the world’s major producers of oil and fighting in the region could disrupt the flow. Treasury yields rose with worries about inflation.

Consumer sentiment rises for 1st time this year as inflation remains tame

WASHINGTON (AP) — Consumer sentiment increased in June for the first time in six months, the latest sign that Americans’ views of the economy have improved as inflation has stayed tame and the Trump administration has reached a truce in its trade fight with China. The preliminary reading of the University of Michigan’s closely watched consumer sentiment index, released Friday, jumped 16% to 60.5. The large increase followed steady drops that left the preliminary number last month at the second-lowest level in the nearly 75-year history of the survey. Consumer sentiment is still down 20% compared with December 2024.