S&P 500 ends lower as investors digest Trump’s auto tariffs
The S&P 500 ended lower on Thursday, as investors grappled with U.S. President Donald Trump’s latest trade tariff announcement that hit shares of General Motors and Ford. Trump unveiled on Wednesday his plan to implement a 25% tariff on imported…
Dollar mixed, Mexican peso and Canadian dollar drop on auto tariffs
NEW YORK -The dollar was mixed on Thursday as traders mulled how severe tariffs scheduled to be revealed by U.S. President Donald Trump next week are likely to be, while the Canadian dollar and Mexican peso weakened after Trump announced…
Stocks down, gold hits record after Trump’s latest tariff volley
NEW YORKÂ -Global stocks fell for a second straight session and gold hit a record high on Thursday after the latest tariffs from U.S. President Donald Trump’s administration that expanded the trade war to autos. Trump on Wednesday announced 25%…
Canada will respond to Trump auto tariffs with its own trade actions
Canadian Prime Minister Mark Carney said on Thursday that he would respond with unspecified trade actions if U.S. President Donald Trump imposes new auto tariffs that have expanded a global trade war and hammered stocks. Carney said he had not…
Trump’s Social Security chief backs down from ‘shutting down’ agency
WASHINGTON -The head of the U.S. Social Security Administration has backed down from “shutting down the agency” after a federal judge rebuked him for misinterpreting a court ruling that limited billionaire Elon Musk’s access to agency information. The agency’s leader,…
Trump’s offer of talks with Iran aims to avoid military action, US envoy says
WASHINGTON -U.S. President Donald Trump’s outreach to Iran’s top authority, Supreme leader Ayatollah Ali Khamenei, on a possible new nuclear deal is an effort to avoid military action, U.S. special envoy Steve Witkoff said on Sunday. “We don’t need to…
Ukraine, US teams hold talks in Saudi Arabia, US envoy hopeful on ending war
Ukrainian and U.S. delegations discussed on Sunday proposals to protect energy facilities and critical infrastructure, Ukraine’s defence minister said, part of a diplomatic push by U.S. President Donald Trump to end three years of war. The meeting in Saudi Arabia,…
Heathrow says it will reopen after closure causes global flight turmoil
LONDON – Britain’s Heathrow said flights would resume later on Friday after a fire knocked out its power supply and shut Europe’s busiest airport for the day, stranding thousands of passengers and causing travel turmoil worldwide. Heathrow said its teams…
US SEC to see exodus as hundreds take Trump’s buyout offers, sources say
WASHINGTON- Wall Street’s top regulator is facing an exodus of staff across key departments as hundreds of employees have agreed to take resignation offers amid President Donald Trump and Elon Musk’s efforts to remake the U.S. government, five people familiar…
The United States agreed to resume military aid and intelligence sharing with Ukraine after Kyiv agrees to support Washington’s proposal for a ceasefire
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