Receive Breaking News updates as they occur
US President Barack Obama on Wednesday earned sufficient congressional backing to ensure the international deal to roll back Iran's nuclear program goes into effect, when a 34th senator announced her support for the accord. Most US lawmakers are opposed to the deal, which would ease punishing economic sanctions on Tehran while preventing Iran from advancing its nuclear program. Many Republicans warn that Iran will seek to cheat its way to an atomic bomb.
NEW YORK (AP) — U.S. and global stock markets were recovering in late morning trading Wednesday after a sharp sell-off a day earlier. Investors remain on edge after the latest market plunge, which was triggered by more signs of slowing growth in China.