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Economy
478 posts
US Stock Market Tumbles as Donald Trump, Kamala Harris Campaign Tangle
Anxiety over a potential slowdown in the U.S. economy intensified on Monday as Wall Street and international exchanges saw sharp declines, sparking reactions from the 2024 presidential election candidates. Global shares began collapsing at the end of last week when investors grew alarmed at the prospect of a U.S. recession. A U.S. Labor Department report
Japan stocks jump 10% after global markets slump
Japan stocks jump 10% after global markets slump Reuters Stock markets across Asia have made gains after plunging on Monday Japanese shares rebounded in Tuesday morning trade after plunging on Monday in a rout that sent shockwaves through global financial markets. The Nikkei 225 stock index rose by as much as 10% after slumping by
‘No Tax on Tips’ excites —and divides — Nevada voters
LAS VEGAS — It’s a taxing question that might just tip the Silver State’s voting results in Donald Trump’s favor come Election Day. Since the former president’s June 9 declaration of “No Tax on Tips” during a well-attended outdoor rally in Sin City, the idea has caught on with workers in several tip-reliant occupations, from
Harris set to name running mate as global turmoil rocks an already surreal campaign
CNN — The stunning transformation of the 2024 presidential race will reach new heights Tuesday when Vice President Kamala Harris unveils her running mate after a sequence of events that left Republican nominee Donald Trump flailing. Harris is due to join her vice presidential pick at a rally in Philadelphia that will kick off a
U.S. markets close sharply lower — but some economists say economy looks stable
Stocks saw a dramatic pullback — their third in as many trading days — as a confluence of factors including ongoing fears of an economic slowdown and repositioning on Wall Street sent shares tumbling. The Dow Jones Industrial Average dropped 1,034 points, or 2.6%. The Nasdaq Composite lost 3.4%, and the S&P 500 slid 3%. The blue-chip Dow and S&P 500
Japan stocks rebound sharply after worst rout in history
Hong Kong CNN — Japanese shares soared in early trading on Tuesday, clawing back some of their record losses from the previous day and underpinning a regional rally. The Nikkei 225 last traded about 11% higher, while South Korea’s Kospi rebounded by 4.2%. Hong Kong’s Hang Seng Index rose 1%. They all suffered major losses
Protests reveal deep-rooted anger, but UK is not at boiling point
Protests reveal deep-rooted anger, but UK is not at boiling point BBC In Sunderland on Friday night, I watched a wave of criminality and thuggery engulf a proud city. As they had done previously in Southport, Hartlepool and London, far-right activists - who claimed to be protesting at the murder of three little girls -
Japanese stocks crash in biggest one-day drop since 1987 as global market rout intensifies
Hong Kong/London CNN — Japanese stocks on Monday suffered their biggest daily loss since 1987 as fears about a US economic slowdown sent shock waves through global markets. The Nikkei 225 index of leading stocks in Tokyo lost a staggering 4,451 points, its biggest point drop in history. On the more common, percentage measure, the
Financial Sites Including Schwab, Fidelity, And Vanguard Experience Outages As Stocks Decline
Forbes Business Breaking Financial Sites Including Schwab, Fidelity, And Vanguard Experience Outages As Stocks Decline Ty Roush Forbes Staff Ty Roush is a breaking news reporter based in New York City. Following Aug 5, 2024, 10:49am EDT Share to Facebook Share to Twitter Share to Linkedin Topline Thousands of users reported outages for several online
JD Vance Vs. ‘Cat Ladies’ And The Childless: VP Candidate’s Views Explained As Wife Defends Comments
Forbes Business Breaking JD Vance Vs. ‘Cat Ladies’ And The Childless: VP Candidate’s Views Explained As Wife Defends Comments Alison Durkee Forbes Staff Alison is a senior news reporter covering US politics and legal news. Following Aug 5, 2024, 02:14pm EDT Share to Facebook Share to Twitter Share to Linkedin Topline The wife of GOP