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Business

U.S. Stock Markets Surge To Fresh Highs While Gold Takes A Tumble

Stocks climbed to more records on Monday ahead of a week packed with potentially market-moving events for Wall Street. The S&P 500 rose 1.2%. The...

Trump Warns Canada Of A 10% Import Tax Hike After Delay In Removing Anti-Tariff Ad

President Donald Trump said on Saturday that he plans to hike tariffs on imports of Canadian goods by an extra 10% because of an...

Trump Warns US May Impose A 100% Tariff on Chinese Imports And Restrict Tech Exports to China

President Donald Trump on Friday threatened to place an additional 100% tax on Chinese imports starting on Nov. 1 or sooner, potentially escalating tariff...

Asian Markets Remain Cautious, Holding Steady as Investors Await Clarity on A Potential US Government Shutdown

Asian shares were little changed in narrow trading Tuesday as investors braced for a possible U.S. government shutdown. Japan’s benchmark Nikkei 225 inched down less...

Albertsons Issues Recall on Multiple Deli Products Over Possible Listeria Risk

Albertsons Companies has recalled several of its store-made deli products because they may contain listeria bacteria, in a move that arrives shortly after federal...

Asian Markets Decline as Wall Street Tumbles and Japan Grapples with Political Instability

Asian shares declined Wednesday, echoing a fall on Wall Street, as political uncertainty took centerstage in Japan, making for cautious trading on the Tokyo...

Elon Musk Sues Apple and OpenAI, Alleging they are Blocking Fair Competition in the AI Industry

Elon Musk on Monday targeted Apple and OpenAI in an antitrust lawsuit alleging that the iPhone maker and the ChatGPT maker are teaming up...

Toyota Profits Plunge 37% Amid Trump Tariff Pressure

Toyota’s profit plunged 37% in the April-June quarter, the company said Thursday, cutting its full year earnings forecasts largely because of President Donald Trump’s...

Wall Street Suffers Worst Drop Since May as Hiring Slows and New Tariffs Take Effect

The U.S. stock market had its worst day since May on Friday after the government reported a sharp slowdown in hiring and President Donald...

Trump Hits India With 25% Tariff, Warns of Penalties Over Russian Oil Deals

The United States will impose a 25% tariff on goods from India, plus an additional import tax because of India’s purchasing of Russian oil,...

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