A currency trader works under an electronic stock board at a foreign currency trading firm in Tokyo Monday, March 31, 2025. AP/Kyodo News hide caption toggle caption AP/Kyodo News HONG KONG — Asian shares were sharply lower on Monday, with Tokyo’s Nikkei 225 falling more than 4% after another wipeout slammed Wall Street. Worries are
Concerns about inflation and weak consumer sentiment dragged down the stock market on Friday, as Wall Street keeps struggling to assess the path forward for the U.S. economy with the full impact of President Trump’s tariffs looming. The S&P 500 inched down at the start of trading, after the Federal Reserve’s preferred inflation measure came
In the months before Russia’s full-scale invasion of Ukraine in February 2022, a different kind of war was already raging in Europe. Poland was struggling to cope with what was described as a ‘hybrid attack’ from its Kremlin-aligned neighbour Belarus, which was sending waves upon waves of migrants across the border. Belarusian President Alexander Lukashenko
By BEN SHIMKUS, CONSUMER REPORTER FOR DAILYMAIL.COM Published: 08:30 EDT, 24 March 2025 | Updated: 09:14 EDT, 24 March 2025 Top bosses at America’s biggest companies have one word on their lips: uncertainty. That word dominated earnings calls this season, with leaders from over 60 S&P 500 companies mentioning ‘policy uncertainty’ at least 117 times
China has long revered its sacred mountains, with thousands visiting them every year to pay their respects to monuments to Taoism, Buddhism and folk religion. But beneath the feet of these pilgrims, in the mountains’ dense granite crusts, is said to lie a 3,100-mile network of tunnels that houses an existential threat to the nation’s enemies.
Donald Trump has been asked by Wall Street allies to stop letting ‘mini-Trump’ Commerce Secretary Howard Lutnick represent him on television. The billionaire financier’s standing in the administration has fallen in recent weeks after he was blamed for a stock market plunge following tariff threats. The White House’s head of commerce now faces more opposition as the
Last Updated:March 20, 2025, 01:15 IST The S&P 500 was up 0.8% in afternoon trading, rising a bit following the Fed’s announcement. The Dow Jones Industrial Average was up 210 points, or 0.5%, as of 2:20 p.m. Eastern time, and the Nasdaq composite was 1.2% higher. US stocks surged after Fed officials indicated they still
By ALICE WRIGHT FOR DAILYMAIL.COM Published: 14:27 EDT, 19 March 2025 | Updated: 14:57 EDT, 19 March 2025 The Federal Reserve has held interest rates steady, but marked up its outlook for inflation and revised down its growth forecasts citing Trump’s economic policies. The central banks decision keeps the benchmark rate between 4.25 percent and 4.5
In 2016, three New York commodities traders — Michael Intrator, Brian Venturo and Brannin McBee — fell in love with cryptocurrencies. They were using Bitcoin to bet on pool games and fantasy football and were captivated by its wild swings in price. They soon decided to create more digital currencies through a process called “mining,”
Department of Homeland Security (DHS) Secretary Kristi Noem announced the building of seven miles of new border wall in Arizona as part of the administration’s efforts to “make America safe again.” Noem’s announcement, coming in a short video posted to her X account, marks the beginning of additional border wall construction along the southern border