Wall Street fell sharply for a second straight session on Friday, pushing the Nasdaq toward a bear market, after China imposed fresh tariffs on all U.S. goods in response to the Trump administration’s sweeping levies, escalating a global trade war….

NEW YORK -Hedge funds across the world on Thursday sold global equities on a net basis at largest 1-day amount since 2010 amid a market meltdown, Goldman Sachs said in a note to clients on Friday. The bank said portfolio…

The U.S. dollar rose against major currencies such as the euro and yen on Friday after Federal Reserve Chairman Jerome Powell acknowledged the repercussions of larger-than-expected U.S. tariffs and signaled a cautious tone on future easing. Powell said tariffs increased…

Wall Street nosedived again on Friday, pushing the Nasdaq toward a bear market, after China imposed fresh tariffs on all U.S. goods in response to the Trump administration’s sweeping levies, escalating a global trade war. Losses in the S&P 500…

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row, even as the number of oil rigs rose to the highest since June, energy services firm Baker Hughes…

TOULOUSE, France -France’s industry minister called on Friday for a proportionate but firm response to U.S. tariffs and said Europe wanted to avoid a damaging trade escalation, with the door open to negotiation. Speaking to reporters at an Airbus factory…

HOUSTON-Oil prices plunged nearly 8% on Friday, heading for their lowest close since the middle of the pandemic in 2021, as China ramped up tariffs on U.S. goods, sharply escalating a global trade war that has investors worried about a…

LAHNAU, Germany – After 25 years of building industrial equipment in the United States, German engineering firm WIWA faces a dilemma that could completely reshape its transatlantic operations after President Donald Trump implemented sweeping duties on foreign imports. Though it…

OTTAWA -Canada’s total employment fell and the unemployment rate ticked up in March, data showed on Friday, as the uncertainty around tariffs and their subsequent implementation forced companies to pause hiring and spurred some layoffs. The country shed a net…

The Texas health department on Friday reported 59 new measles cases in three days, bringing the total to 481 in the state, while New Mexico added six more infections, as the disease spreads across the United States. Cases in Gaines…

NEW DELHI -Sri Lanka is ready to engage with the United States in strengthening trade relations, the island nation said on Friday, committing to substantially reduce tariff and non-tariff barriers that hinder trade and investment. U.S. President Donald Trump’s government…

WASHINGTON -President Donald Trump’s new tariffs are “larger than expected” and the economic fallout including higher inflation and slower growth likely will be as well, Federal Reserve Chair Jerome Powell said on Friday in remarks that pointed to the potentially…

BOSTON -Democratic state attorneys general on Thursday filed a lawsuit challenging U.S. President Donald Trump’s executive order that compels voters to prove they are U.S. citizens and bars states from counting mail-in ballots received after Election Day. The lawsuit, filed…

WASHINGTON -Washington, D.C.’s top federal prosecutor announced on Friday that he is launching investigations into whether people improperly leaked information about the prosecutions of President Donald Trump’s supporters who stormed the U.S. Capitol on January 6, 2021. Interim U.S. Attorney…

WASHINGTON -The Trump administration’s mass firings at the U.S. Food and Drug Administration have removed employees critical to reviewing new medicines, setting back years of effort to bring promising treatments to patients more quickly, former and current FDA sources told…

GENEVA  – Two months after President Donald Trump announced a halt to U.S. engagement with the United Nations Human Rights Council, Washington is influencing its work by applying pressure publicly and behind the scenes, seven diplomats and rights workers said….

FRANKFURT -With the ink still fresh on U.S. President Donald Trump’s latest batch of tariffs, some are already bracing for what may come next in his effort to strong-arm trading partners into doing his bidding. As the epicentre of the…

European shares dipped on Friday, heading for a steep weekly loss, as investors grappled with prospects of a global recession after U.S. President Donald Trump announced sweeping tariffs on trading partners. The pan-European STOXX index fell 0.9% at 0710 GMT,…

BRUSSELS – European foreign ministers at a NATO meeting blamed Russia on Friday for thwarting a U.S. push for peace in the Ukraine war, in a clear bid to persuade the Trump administration to take a harder line towards Moscow….

PARIS – The European Union should not respond to U.S. President Donald Trump’s reciprocal tariffs with exactly the same counter-measures as it would impact EU consumers, French Finance Minister Eric Lombard said on Friday. Trump on Wednesday unveiled sweeping tariffs…

SYDNEY – Prime Minister Anthony Albanese said on Friday his government was working on a plan for Australian superannuation firms to buy the strategically located Darwin port from its Chinese owner on national interest grounds. Then U.S. President Barack Obama…

BEIJING/BRUSSELS/PARIS – China announced additional tariffs of 34% on U.S. goods on Friday, the most serious escalation in a trade war with President Donald Trump that has fed fears of a recession and triggered a global stock market rout. Beijing…

MOSCOW – Russia must take extra measures to minimise the negative impact on its economy from global market turbulence due to tariffs imposed on countries around the world this week by U.S. President Donald Trump, the Kremlin said on Friday….

JERUSALEM – Israeli troops moved into an area of northern Gaza to expand what they call a security zone around the edge of the enclave, the military said on Friday, days after the government announced plans to seize large areas…

WASHINGTON – The administration of President Donald Trump plans to freeze $510 million in grants to Brown University over what it calls antisemitism on campus, a U.S. official told Reuters on Thursday, but the university said it had not yet…

MEXICO CITY – President Donald Trump’s “Liberation Day” appeared set to end North American free trade and Mexico’s privileged access to the U.S. Instead, Mexican officials are celebrating being left off Trump’s global tariffs list, with analysts suggesting the omission…

WASHINGTON – The Pentagon’s deliberations about restructuring parts of the U.S. military, including potentially giving up the United States’ role as the head of NATO forces in Europe and merging commands, could pose challenges, the top U.S. general in Europe…

WASHINGTON – The Pentagon’s Inspector General’s office announced on Thursday it was opening a probe into Defense Secretary Pete Hegseth’s use of an unclassified commercial texting application to coordinate the March 15 launch of U.S. strikes on Yemen’s Houthis. “The…

DETROIT  -General Motors plans to increase production of light-duty trucks at its Fort Wayne, Indiana, assembly plant, it said in a webcast sent to plant employees on Thursday and viewed by Reuters, a day after President Donald Trump announced 25%…