US Stock Market Falls Sharply as Businesses and Consumers Worry About Tariffs The US stock market is experiencing a sharp decline on Friday, with the S&P 500 down 1.3% in afternoon trading. The Dow Jones Industrial Average fell 665 points, or 1.5%, while the Nasdaq composite lost 1.5%. Reports from the US economy have raised … Read more
Japan is set to explore potential investment opportunities with electric vehicle giant Tesla, as part of its plans to improve its automotive sector. This move comes amid Tokyo’s efforts to strengthen its industry and increase its competitiveness globally. The Japanese government has been actively seeking new partnerships to support the development of its EV market. … Read more
Getting enough sleep is crucial for our cognitive health, but research has shown that poor sleep can have serious long-term implications. A study by University College London and the French National Institute of Health and Medical Research found that people getting six hours of sleep or less in midlife are 30% more likely to be … Read more
The S&P 500 is currently at historic highs, with valuations significantly above average. However, experts like Bank of America’s Savita Subramanian believe that the Trump administration’s push for deregulation could provide a pathway for continued market growth. Subramanian noted that the S&P 500 is more expensive than average across 19 out of 20 indicators monitored … Read more
Federal Reserve Vice Chair for Supervision Michael Barr has cautioned against weakening bank rules and oversight, warning that it could make firms vulnerable to surprise shocks. In his final speech as the Fed’s rules chief, Barr emphasized the need for strong rules and robust capital requirements to protect against unforeseen risks. Barr urged regulators to … Read more
Apple has removed its advanced data protection (ADP) tool from customers in the UK after the government demanded “backdoor” access to user data. The tool, which uses end-to-end encryption, will no longer be available to British users. The move was made after the Home Office served Apple a request under the Investigatory Powers Act, asking … Read more
Egyptian authorities announced the discovery of a royal tomb belonging to Thutmose II, believed to have reigned around 1480 B.C., in an Egyptian valley west of Luxor. The excavation, a joint project by Egyptian and British researchers, is considered significant as it marks the first discovery of a royal tomb near the Valley of the … Read more
US President Donald Trump has sparked confusion with a series of unexpected moves, firing federal workers involved in nuclear safety and bird flu prevention before promptly rehiring them. Energy Secretary Dan Brouillette admitted to making mistakes in his decisions. The shake-up comes amidst a tumultuous period for the administration, as the US grapples with issues … Read more
Amanda Balionis will appear in the upcoming third instalment of Netflix’s golf docu-series, “Full Swing”. The CBS Sports reporter shared a teaser on social media ahead of its release next week. The series will focus on the lives of top golfers, including Rory McIlroy and Scottie Scheffler. McIlroy’s rocky relationship with his spouse Erica Stoll … Read more
Block’s shares have dropped 16% as investors express concerns about a slowdown in spending growth, shifting focus to its buy-now, pay-later lending strategy. The company’s Cash App business reported 16% gross profit growth in the holiday quarter, down from 25% a year earlier. The US economy is grappling with trade policy uncertainty and high interest … Read more