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Stocks lost momentum and turned downward during afternoon trading on Friday, as investors pulled back some after a powerful rally that led by big tech names. The February jobs report also showed an uptick in the unemployment rate, bolstering investor confidence that the Federal Reserve will cut rates following its June meeting. The S&P 500 […]
Sen. Marco Rubio on Sunday defended former President Donald Trump over recent comments he made about not protecting NATO countries, saying that as president, Trump “didn’t pull us out of NATO.” Rubio, R-Fla., disputed the characterization by CNN’s Jake Tapper that Trump “wouldn’t defend NATO countries and actually he . . .
US stocks hit pause on a record-setting rally as the focus turned to the day’s stream of earnings for insight into the health of corporate America and the economy. The Dow Jones Industrial Average (^DJI) was down about 0.1% after the blue-chip index
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bitcoin exchange traded funds have pulled in just under $900mn in the first three days of trading, as investors cautiously welcome the new stock market vehicles that track the cryptocurrency. The new funds, which include […]
12:05 a.m. ET, January 1, 2024 Maersk says all crew safe after Houthi boats attacked merchant ship in Red Sea From CNN’s Jessie Yeung and Juliana Liu The shipping company Maersk confirmed in a statement on Monday that its merchant vessel Maersk Hangzhou had been attacked on Saturday, leading to US helicopters responding to its […]
Comment on this storyCommentAdd to your saved storiesSaveStarSolidStarSolidStarSolidStarSolid(4 stars) It’s Christmas. What better time for a ghost story in which an isolated protagonist comes to terms with his past by way of reckonings, reconciliations and a supernatural dash of time travel? Adam, the screenwriter character at the center of “All of . . .
U.S. Treasury Secretary Janet Yellen speaks with U.S. Securities and Exchange Commission (SEC) chairman Gary Gensler during a meeting of the Financial Stability Oversight Council at the U.S. Department of Treasury on Dec. 14. The group has published their 2023 annual report, which takes a look at the past year in climate, banking, cybersecurity, artificial […]
Retailers are kicking off the unofficial start of the holiday shopping season on Friday with a bevy of discounts and other enticements. But executives are growing concerned with a spending slowdown that could temper sales on the day after Thanksgiving as well as throughout the holidays. Shoppers, powered by a solid job . . .
CASARES, Spain (AP) — Europe picked up the pace at the Solheim Cup on Saturday, pulling even with the United States at 8-8 after splitting the morning foursome matches and winning the afternoon fourballs. The contest will be decided by the 12 singles matches on Sunday, when Europe will try to win an unprecedented third […]
U.S. Commerce Secretary Gina Raimondo arrives for a meeting with her Chinese counterpart Wang Wentao, at the Ministry of Commerce in Beijing, Monday, Aug. 28, 2023. Andy Wong | Pool | via Reuters U.S. Commerce Secretary Gina Raimondo met with Chinese officials in a high-stakes visit to Beijing and Shanghai this week, and she said […]