Germany’s conservative leader has unexpectedly fallen short of the numbers needed to form a majority in parliament to become chancellor. Friedrich Merz needed 316 votes in the 630-seat Bundestag but only secured 310, in a significant blow to the Christian Democrat leader, two and a half months after winning Germany’s federal elections. His coalition with…
A teller counts U.S. dollar bank notes at a money changer in Jakarta, Indonesia, on April 9, 2025. Willy Kurniawan | Reuters The U.S. dollar continued its slide on Monday, falling to its lowest level since 2022, as global investors retreat from U.S. assets in the face of tension between President Donald Trump and the…
A laborer carries a sack filled with refined wheat flour to load it onto a supply truck at a wholesale market in Kolkata, India, on April 10, 2025. Nurphoto | Nurphoto | Getty Images India’s annual inflation rate fell to a lower-than-expected 3.34% in March, the country’s Ministry of Statistics and Programme Implementation reported Tuesday. The…
Traders work on the floor of the New York Stock Exchange on March 17, 2025. NYSE Investors are feeling as gloomy as consumers are. The University of Michigan’s Survey of Consumers, which was released March 14, showed consumer sentiment plunging to its lowest since 2022. Wall Street is in a similarly dour mood, according to…
Anna Barclay | Getty Images Shares of Trump Media dropped more than 10% in intraday trading Monday, accelerating the company’s downward slide since President Donald Trump took office. The company behind Trump’s preferred social media app Truth Social was trading below $20 per share around 3:00 p.m. ET — down about 50% from its closing price on Jan. 20,…
Seven & i private branded cooked meals at a 7-Eleven convenience store, operated by Seven & i Holdings Co., in Tokyo, Japan, on Thursday, Jan. 18, 2024. Bloomberg | Bloomberg | Getty Images Shares of Japan’s Seven & i Holdings plunged as much as 12.44% Thursday after the company said the founding family had failed…
Elon Musk, CEO of Tesla Inc., in the Oval Office of the White House in Washington, D.C., on Feb. 11, 2025. Aaron Schwartz | Bloomberg | Getty Images Tesla’s postelection pop has almost disappeared. Shares of the electric vehicle maker plunged more than 8% on Tuesday, pushing the company’s market cap below $1 trillion and…
Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy. Hollie Adams | Reuters The long-running U.S. shortage of Novo Nordisk‘s blockbuster weight loss injection Wegovy and diabetes treatment Ozempic is resolved after more than two years, the Food and Drug Administration said on Friday. The FDA’s decision will threaten the…
Sentiment among the nation’s single-family homebuilders dropped to the lowest level in five months in February, largely due to concern over tariffs, which would raise their costs significantly. The National Association of Home Builders’ Housing Market Index, or HMI, dropped a sharp 5 points from January to a reading of 42. Anything below 50 is…
Rwandan-backed M23 rebels have entered Bukavu, the second-largest city in the eastern Democratic Republic of Congo, seizing the regional governor’s office. Some people lined the streets to clap and cheer the fighters as they marched and drove into the city centre without resistance. It is the second city after Goma to fall to the rebels…
