A “For Sale” sign stands at a house in Miami, Florida, U.S. April 16, 2025. Marco Bello | Reuters Higher mortgage rates and concern over the broader economy are making for a weak start to the all-important spring housing market. Sales of previously owned homes in March fell 5.9% from February to 4.02 million units…
Shipping containers from China at the China Shipping (North America) Holding Company Ltd. facility at the Port of Los Angeles in Wilmington, California, Feb. 4, 2025. Mike Blake | Reuters The pullback in trade between the U.S. and China as a result of President Trump’s steep tariffs on Chinese goods and fears of a recession…
Tom Espiner BBC business reporter Watch: ‘The country is going to boom’ after tariffs, says President Trump Global stocks have sunk, a day after President Donald Trump announced sweeping new tariffs that are forecast to raise prices and weigh on growth in the US and abroad. The S&P 500, which tracks 500 of the biggest…
Apple CEO Tim Cook, center, watches during the inauguration ceremonies for President Donald Trump, right, and Vice President JD Vance, left, in the rotunda of the U.S. Capitol in Washington, Jan. 20, 2025. Shawn Thew | Afp | Getty Images Apple slid more than 6% in late trading Wednesday and led a broader decline in…
YICHUN, CHINA – FEBRUARY 06: Mechanical arms work on the production line of electronic products for new-energy vehicles in an intelligent workshop at a factory in the high-tech industrial park on February 6, 2025 in Fengcheng, Jiangxi Province of China. Zhu Haipeng | Visual China Group | Getty Images China’s industrial profits fell 0.3% from…
Reuters Volodymyr Zelensky has said Ukrainian and US officials will meet for peace talks in Saudi Arabia next Monday, after the Kremlin confirmed US-Russia talks there the same day. Ukraine’s leader said Russian President Vladimir Putin “must stop making unnecessary demands that only prolong the war”. Moscow’s demands include a complete end to military assistance…
Istanbul Municipality Mayor Ekrem İmamoğlu speaks at the 19 May Commemoration of Atatürk, Youth and Sports Day celebrations held at the Maltepe Event Area on May 19, 2023 on Istanbul, Turkey. Hakan Akgun | Getty Images The Turkish lira fell to a record low against the dollar and the country’s benchmark stock index dropped by…
Tesla’s sell-off on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on the market since September 2020. On Friday, Tesla wrapped up a seventh straight week of losses, its longest losing streak since debuting on the Nasdaq in 2010. The stock has fallen every week since…
Maddie Molloy BBC Climate & Science Jack Cochran The Danaus eresimus, commonly known as the soldier butterfly, is among the 20 butterfly species experiencing the steepest decline Butterfly populations in the US shrank by more than a fifth within the space of two decades, according to a new study. Numbers fell by 22% between 2000…
Fifteen people in South Korea were injured, two of them seriously, after a pair of fighter jets accidentally dropped eight bombs in a civilian district during a live-fire military exercise, local media reported. The incident involving the Air Force KF-16 aircraft took place at around 10:04 local time (01:04 GMT) in the city of Pocheon,…
