U.S. stocks fell on Monday in a volatile session, with the S&P 500 ending just shy of confirming its second correction of 2018, hurt by fresh worries of an escalation of U.S.-China trade tensions and a sharp drop in big tech and Internet names. Following a morning rally, major U.S. …
U.S. stocks fell on Monday in a volatile session, with the S&P 500 ending just shy of confirming its second correction of 2018, hurt by fresh worries of an escalation of U.S.-China trade tensions and a sharp drop in big tech and Internet names. Following a morning rally, major U.S. …
Jair Bolsonaro, a far-right former Army captain who won Brazil’s presidential election in convincing fashion, rode a wave of enthusiasm on Monday from giddy supporters, bullish investors and budding ally U.S. President Donald Trump. Bolsonaro, who early in his legislative career declared he was “in favor” of dictatorships and demanded …
Jair Bolsonaro, a far-right former Army captain who won Brazil’s presidential election in convincing fashion, rode a wave of enthusiasm on Monday from giddy supporters, bullish investors and budding ally U.S. President Donald Trump. Bolsonaro, who early in his legislative career declared he was “in favor” of dictatorships and demanded …
The leaders of Japan and India are reaffirming their ties amid growing worries about trade and regional stability. Indian Prime Minister Narendra Modi, who arrived Saturday, was meeting Japanese Prime Minister Shinzo Abe at a resort area near Mount Fuji on Sunday. Modi is also visiting a nearby plant of …
The leaders of Japan and India are reaffirming their ties amid growing worries about trade and regional stability. Indian Prime Minister Narendra Modi, who arrived Saturday, was meeting Japanese Prime Minister Shinzo Abe at a resort area near Mount Fuji on Sunday. Modi is also visiting a nearby plant of …
There is no risk of contagion from Italy’s budget crisis in the European Union but the euro zone is not prepared enough to face a new economic crisis, French Finance Minister Bruno Le Maire told daily Le Parisien on Sunday. The European Commission rejected Italy’s draft 2019 budget earlier this …
There is no risk of contagion from Italy’s budget crisis in the European Union but the euro zone is not prepared enough to face a new economic crisis, French Finance Minister Bruno Le Maire told daily Le Parisien on Sunday. The European Commission rejected Italy’s draft 2019 budget earlier this …
Recep Tayyip Erdogan has held plenty of grand opening ceremonies in his 15 years at Turkey’s helm. On Monday he will unveil one of his prized jewels — Istanbul New Airport — a megaproject that has been dogged by concerns about labor rights, environmental issues and Turkey’s weakening economy. Erdogan …
Recep Tayyip Erdogan has held plenty of grand opening ceremonies in his 15 years at Turkey’s helm. On Monday he will unveil one of his prized jewels — Istanbul New Airport — a megaproject that has been dogged by concerns about labor rights, environmental issues and Turkey’s weakening economy. Erdogan …
China plans to provide an unspecified financial “grant” to Pakistan while the United Arab Emirates is actively considering Islamabad’s request for a fiscal relief package of up to $6 billion to help the country deal with a looming balance-of-payments crisis, Chinese and Pakistani officials say. News of the anticipated financial …
China plans to provide an unspecified financial “grant” to Pakistan while the United Arab Emirates is actively considering Islamabad’s request for a fiscal relief package of up to $6 billion to help the country deal with a looming balance-of-payments crisis, Chinese and Pakistani officials say. News of the anticipated financial …
Stock markets around the world tumbled Friday while U.S. Treasury prices rose along with demand for safer bets as better-than-expected U.S. economic data did little to ease anxiety over disappointing corporate profits and trade wars. Wall Street closed above its session lows, but earnings reports from Amazon.com and Alphabet, issued …
U.S. stock market indexes fell sharply in Friday’s early trading, but saw losses ease later in the day. At one point the S&P 500 and the Dow were down by two percent or more, while the NASDAQ was off by 3.5 percent at one point. Investors worried about faltering growth, …
The U.S. economy grew at a robust annual rate of 3.5 percent in the July-September quarter as the strongest burst of consumer spending in nearly four years helped offset a sharp drag from trade. The Commerce Department said Friday that the third quarter’s gross domestic product, the country’s total output …
The U.S. economy grew at a robust annual rate of 3.5 percent in the July-September quarter as the strongest burst of consumer spending in nearly four years helped offset a sharp drag from trade. The Commerce Department said Friday that the third quarter’s gross domestic product, the country’s total output …
Top trade officials from 12 countries and the European Union on Thursday vowed to reform World Trade Organization rules in the face of U.S. actions that threaten to paralyze the body and address some of Washington’s complaints about Chinese subsidies. The officials, meeting in the Canadian capital Ottawa, said they …
Top trade officials from 12 countries and the European Union on Thursday vowed to reform World Trade Organization rules in the face of U.S. actions that threaten to paralyze the body and address some of Washington’s complaints about Chinese subsidies. The officials, meeting in the Canadian capital Ottawa, said they …
Major U.S. stock indexes made strong gains in Thursday’s trading after some upbeat profit reports by major companies. The Nasdaq composite posted its biggest daily gain since March, as Microsoft’s upbeat earnings spurred a rebound in technology names and investors snapped up oversold shares. The Nasdaq added 209.94 points, or 2.95 percent, to 7,318.34, a day after it confirmed a correction …
Major U.S. stock indexes made strong gains in Thursday’s trading after some upbeat profit reports by major companies. The Nasdaq composite posted its biggest daily gain since March, as Microsoft’s upbeat earnings spurred a rebound in technology names and investors snapped up oversold shares. The Nasdaq added 209.94 points, or 2.95 percent, to 7,318.34, a day after it confirmed a correction …
Another torrent of selling gripped Wall Street on Wednesday, sending the Dow Jones Industrial Average plummeting more than 600 points and extending a losing streak for the benchmark S&P 500 index to a sixth day. The tech-heavy Nasdaq composite bore the brunt of the sell-off, leaving it more than 10 …
Another torrent of selling gripped Wall Street on Wednesday, sending the Dow Jones Industrial Average plummeting more than 600 points and extending a losing streak for the benchmark S&P 500 index to a sixth day. The tech-heavy Nasdaq composite bore the brunt of the sell-off, leaving it more than 10 …
Saudi Crown Prince Mohammed bin Salman said on Wednesday the kingdom will continue with reforms and spending on infrastructure, predicting the economy will grow by 2.5 percent this year. Speaking at an investment conference in Riyadh, the crown prince also said he expected economic growth next year to be higher. …
Saudi Crown Prince Mohammed bin Salman said on Wednesday the kingdom will continue with reforms and spending on infrastructure, predicting the economy will grow by 2.5 percent this year. Speaking at an investment conference in Riyadh, the crown prince also said he expected economic growth next year to be higher. …
Julius Wakam worked in auto manufacturing for 11 years before being laid off in 2008. Today, the married father of three has a job at a hardware store to make ends meet until he can secure another well-paying position in his field. Like many workers in America’s so-called Rust Belt, …
Julius Wakam worked in auto manufacturing for 11 years before being laid off in 2008. Today, the married father of three has a job at a hardware store to make ends meet until he can secure another well-paying position in his field. Like many workers in America’s so-called Rust Belt, …