U.S. stocks saw their third-straight trading day of heavy declines as recession fears continued to mount and Wall Street abandoned a popular trade that had helped counter high interest rates. The Dow Jones Industrial Average was down roughly 900 points or nearly 2.5% Monday morning, while the S&P 500 declined…
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…
DETROIT — Tadge Juechter’s first “taste” of Corvette working at General Motors was to research whether there were enough Americans who could afford a new high-performance model of the famed sports car, known as the ZR1, back in 1985. Nearly 40 years later, not only are there enough people to afford such…
At least 27 people were killed and scores injured in clashes in Bangladesh on Sunday, as police fired tear gas and lobbed stun grenades to disperse tens of thousands of protesters calling for Prime Minister Sheikh Hasina to resign. The interior ministry declared an indefinite nationwide curfew starting at 6 p.m. (8 a.m. ET) on Sunday,…
The UK’s policing minister has said that there will be a “nick them quick” approach to far-right rioters who have caused unrest across the country this week, but added there was no need to bring in the army. In comments to the BBC, Dame Diana Johnson stressed that the plan…
Rioters attacked a hotel used to house asylum seekers in the UK town of Rotherham on Sunday, as the country faces the worst social unrest it has seen in years. The violence was triggered by the stabbing of three young girls in Southport, northwest England, earlier in the week. The…
The arrival of F-16 fighter jets in Ukraine marks “a new chapter” for the country’s Air Force, President Volodymyr Zelensky said Sunday as he confirmed for the first time that the combat aircraft are in the country. Ukraine has been urging allies to transfer the coveted jets since the start of the…
Following a military blockade, panic and chaos rip through a besieged island: residents scramble to withdraw cash, foreign nationals rush to be evacuated, riots break out in prisons and television networks are hacked into broadcasting enemy propaganda. These fictitious scenes have stirred emotion and imagination in Taiwan over what an…
Mali has severed diplomatic ties with Ukraine after the country supplied intelligence to Malian rebels involved in an ambush against Wagner Group forces in July. “The transitional government of the Republic of Mali condemns the hostility of the authorities of Ukraine who do not observe that Mali has always called for…
Rescuers in Gaza raced to dig victims from the rubble on Sunday after Israeli airstrikes on two school buildings left at least 30 people dead, according to the Palestinian Civil Defense. The strikes continue a bloody weekend, after a similar lethal attack on Saturday. The Israel Defense Forces (IDF) and…