A deal to spin off the U.S. assets of TikTok was put on hold after China indicated that it would not approve the deal following President Donald Trump’s reciprocal tariffs announcement, according to two sources familiar with the matter. The…

The tech-heavy Nasdaq Composite index confirmed on Friday that it is in a bear market, as it has fallen 22.7% from its Dec. 16 record close, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump…

CARACAS – Friends and relatives of Venezuelans deported from the U.S. to a maximum security prison in El Salvador have painted their loved ones’ faces in colorful murals on a Caracas street, calling for due process after the U.S. accused…

A North Carolina appeals court on Friday sided with a Republican candidate for a seat on the state’s top court who is contesting the results of November’s election by finding that thousands of the ballots cast should not be counted…

Members of Elon Musk’s cost-cutting team arrived at Peace Corps headquarters in Washington, the agency told Reuters, a signal it could become the latest U.S. government unit to face job cuts. “Staff from the Department of Government Efficiency are currently…

Canada’s commodity-linked main stock index ended more than 10% below its January 30 record closing high on Friday, confirming a correction, as China’s move to retaliate against U.S. trade tariffs spooked investors globally. The Toronto Stock Exchange’s S&P/TSX composite index…

The Trump administration on Friday lost a bid to throw out or move to Louisiana a Tufts University student’s legal challenge to her immigration arrest, which sparked protests against the president’s efforts to deport pro-Palestinian activists on American campuses. U.S….

CHICAGO – A Venezuelan man was released from U.S. Immigration and Customs Enforcement (ICE) detention after one month so that he could reunite on Friday with his ailing brother who needs his kidney donation to save his life. Jose Gregorio…

MEXICO CITY – Mexico has detected its first human case of H5N1 avian influenza, also known as bird flu, the health ministry said on Friday. The infection was confirmed on Tuesday in a three-year-old girl living in the northern state…

A U.S. judge ruled on Friday that the Trump administration must return a Maryland man who was wrongly deported to El Salvador last month back to the United States within three days. U.S. District Judge Paula Xinis in Greenbelt, Maryland,…

BEIJING/SINGAPORE -China’s retaliation on Friday against new U.S. tariffs is poised to accelerate Beijing’s move towards alternative suppliers for agricultural goods including Brazil, a shift that began during the trade war of U.S. President Donald Trump’s first term. Beijing unveiled…

The U.S. Internal Revenue Service plans to cut nearly 25% of its workforce in layoffs affecting roughly 20,000 jobs, the Washington Post reported on Friday, citing records and people familiar with the plans. The cuts began on Friday, with the…

NEW YORK – Retail investors bought $4.7 billion in stocks on Thursday, the highest level over the past decade, JPMorgan said in a note on Friday. The historic “buy-to-dip” move by retail investors included names such as Nvidia, Amazon and…

NEW YORK -U.S. high-yield corporate bond spreads surged to 401 basis points as of late Thursday, their highest since November 2023, as global markets swooned over fears that U.S. President Donald Trump’s plan for import tariffs would kick off a…

WASHINGTON -President Donald Trump on Friday extended by 75 days a deadline for Chinese technology company ByteDance to sell U.S. assets of popular short video app TikTok to a non-Chinese buyer or face a ban that was supposed to have…

Tesla’s vice president of software engineering, David Lau, has told people at the company he is stepping down, Bloomberg News reported on Friday, citing people familiar with the matter. Lau, who has been with the automaker for more than 12…

From Wall Street to Israel and Sweden, U.S. President Donald Trump’s new tariffs — and the global equities sell-off they sparked — have rapidly scuttled acquisitions and IPOs. The additional U.S. tariffs, which range from 10% to 50%, announced on…

NEW YORK -Global stock markets and oil prices tumbled again on Friday as China struck back against U.S. President Donald Trump’s tariffs and worries mounted about a prolonged global trade war. The Nasdaq Composite was headed toward a bear market,…

NEW YORK -Hedge fund Anson Funds blamed Match Group’s board for the online dating company’s underperformance and named publicly for the first time its three director candidates who all have expertise in the technology sector and have sat on public…

LONDON -In times of market panic investors tend to rush to the safety of the dollar, but when stocks swooned in response to U.S. tariffs this week, they ran away from it. Investors say it’s a sign that the greenback’s…

U.S. equity funds saw outflows in the week ending April 2 as investors shed risky assets on growing concerns that President Donald Trump’s sweeping trade tariffs could drive up costs, pressure corporate profits and heighten recession risks. U.S. investors divested…

Global money market funds saw massive inflows in the week ending April 2 as investors grew cautious over U.S. President Donald Trump’s aggressive trade policies, which are heightening fears of a global slowdown and prompting some economists to revise their…

NEW YORK -Sean ‘Diddy’ Combs was hit with an expanded federal indictment on Friday, charging the hip-hop mogul with five criminal counts including racketeering and sex trafficking. Combs, 55, previously pleaded not guilty to an earlier three-count indictment. The new…

WASHINGTON -The U.S. Department of Energy is weighing cuts to billions of dollars in funding for projects meant to demonstrate nascent energy storage and carbon capture, according to a list seen by Reuters. Rescinding funding for the projects would represent…

LONDON – World cocoa, coffee and sugar prices slid again on Friday as markets remained rattled by U.S. president Donald Trump’s sweeping tariffs, especially after China retaliated with its own levies on U.S. imports. Trump on Wednesday imposed a 10%…

WASHINGTON – The U.S. will hold an oil and gas lease sale in the Gulf of Mexico, as planned by the administration of former President Joe Biden, and will release a proposed notice of it in June, the Interior Department…

WASHINGTON -The U.S. economy added far more jobs than expected in March, but President Donald Trump’s sweeping import tariffs could undermine the labor market’s resilience in the months ahead amid sagging business confidence and a stock market selloff. The Labor…

JOHANNESBURG -South Africa has no immediate plans to retaliate against the United States over tariffs announced by President Donald Trump this week and will instead seek to negotiate exemptions and quota agreements, senior government officials said on Friday. Trump imposed…

NEW YORK -Volatility measures across global financial markets jumped on Friday and Wall Street’s top “fear gauge” soared to an eight-month high as China imposed fresh tariffs on all U.S. goods in response to President Donald Trump’s sweeping levies. The…

UK shares fell sharply on Friday and are poised to end the week with substantial losses, as recession fears intensified after China retaliated against U.S. President Donald Trump’s announcement of sweeping tariffs. As of 1110 GMT, the blue-chip FTSE 100…