U.S. President Donald Trump’s big raise in tariffs has triggered an escalating trade war and sent global markets plummeting. The S&P 500 fell 6% Friday, the Dow Jones Industrial Average plunged 5.5% and the Nasdaq composite dropped 5.8%. China announced Friday […]
TEHRAN, Iran (AP) — Iran ’s rial currency traded Saturday at a record low against the U.S. dollar as the country returned to work after a long holiday, costing over 1 million rials for a single greenback […]
LONDON (AP) — The maker of Jaguar and Land Rover cars is pausing shipments to the U.S. as Britain’s struggling auto industry begins to respond to the 25% tax on vehicle imports imposed by President Donald Trump. Jaguar […]
The huge swings rocking Wall Street and the global economy may feel far from normal. But, for investing at least, drops of this size have happened throughout history. Stomaching them is the price investors have had to pay in […]
Fifty years after the founding of Microsoft, the CEO of its artificial intelligence division has a big task: develop a new product line as integral to daily life as the software giant’s past innovations. “We’re […]
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