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NEW YORK — US stocks fell sharply Friday after former President Donald Trump threatened to impose significantly higher tariffs on Chinese imports, accusing Beijing of “becoming very hostile” and tightening control over its rare earth metal exports. The Dow Jones Industrial Average dropped 449 points, or roughly 1%, in a sudden midday selloff that erased … Read more
OSLO, Norway (AP) — Venezuelan opposition leader Maria Corina Machado has been awarded the 2025 Nobel Peace Prize for her long standing fight to defend democratic rights and lead a peaceful movement for political transition in Venezuela, the Norwegian Nobel Committee announced Friday. “When authoritarians seize power, it is crucial to recognize courageous defenders of … Read more
Alexandria, Va. — New York Attorney General Letitia James, who gained national prominence for winning a civil fraud case against former President Donald Trump, was indicted Thursday on two federal felony counts related to a 2023 mortgage she obtained in Virginia. A federal grand jury in Alexandria charged Letitia James with bank fraud and making … Read more
KABUL, Afghanistan — Afghanistan’s Taliban led government has placed new restrictions on social media content across major platforms including Facebook, Instagram, and X, sources at the Ministry of Communications and Information Technology confirmed Wednesday. The measures, described as “content filtering,” come just days after a nationwide internet blackout that disrupted daily life, businesses, and emergency … Read more
US stocks slipped Tuesday from their latest record setting run as Wall Street weighed concerns over a looming government shutdown against continued optimism surrounding artificial intelligence. The Dow Jones Industrial Average (^DJI) fell 0.3%, while the S&P 500 (^GSPC) lost 0.3%. The Nasdaq Composite (^IXIC), heavily weighted toward technology stocks, dropped 0.5% after all three … Read more
Shares of Trilogy Metals surged more than 220% in premarket trading Tuesday after the US government announced a 10% stake in the Canadian minerals explorer, marking a significant move in Washington’s efforts to secure domestic sources of critical minerals. The White House said late Monday it will invest $35.6 million in Trilogy Metals to support … Read more
Oil prices climbed for a second consecutive session on Tuesday after OPEC+ announced a smaller than expected production increase for November, easing investor concerns over a potential supply glut. The restrained output decision suggests the coalition remains wary of oversupplying the global market amid mixed economic signals and ongoing geopolitical tensions. By 0623 GMT, Brent … Read more
NEW YORK — Verizon Communications on Monday named Dan Schulman, the former chief executive officer of PayPal, as its new CEO, replacing Hans Vestberg in a leadership transition designed to steer the telecommunications giant through a period of slowing growth and rising competition in the US wireless market. The move marks one of the most … Read more
CINCINNATI — In a major move signaling continued consolidation among regional lenders, Fifth Third Bancorp announced Monday it will acquire Comerica Inc. in an all stock deal valued at $10.9 billion. The Fifth Third Comerica deal will create the ninth largest US bank, with combined assets of approximately $288 billion, expanding the institution’s footprint across … Read more
SAN FRANCISCO — Shares of Advanced Micro Devices (AMD) surged more than 25% in premarket trading Monday after OpenAI announced plans to acquire up to a 10% stake in the semiconductor company as part of a sweeping partnership to deploy AMD’s high performance Instinct GPUs for artificial intelligence infrastructure. The agreement one of the largest … Read more