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Don’t Panic yet, Investors Say, as High-Flying AI Stocks Tumble
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Economy

Don’t Panic yet, Investors Say, as High-Flying AI Stocks Tumble

SINGAPORE/NEW YORK — Sharp falls in technology stock prices are cause for caution but not panic yet, said brokers and investors who have bee...
A screen tracks trading on the floor at the New York Stock Exchange (NYSE) after the closing bell in New York City, U.S., April 4, 2025. (Reuters File)

Don’t Panic yet, Investors Say, as High-Flying AI Stocks Tumble

SINGAPORE/NEW YORK — Sharp falls in technology stock prices are cause for caution but not panic yet, said brokers and investors who have bee...
Economy

/ 14 hours ago

A specialist trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 15, 2025. (Reuters File)

Wall Street Falls After Big Banks’ CEOs Warn of Market Downturn, Palantir Slides

Wall Street’s main indexes slipped to more than one-week lows on Tuesday after the CEOs of big U.S. banks warned of a market selloff, ...
Economy

/ 2 days ago

Cattle graze on a farm in Dupuyer, Mont., May 13, 2025. Senators opposed the President Donald Trumps plan to import beef from Argentina and voted three times this week to end his power to enforce sweeping tariffs. (John Stember/The New York Times)

Republicans in Congress Show Signs of Angst Over Trump’s Trade War

WASHINGTON — Three times last week, the Senate voted to deny President Donald Trump the power to enforce tariffs he has imposed since taking...
Economy

/ 2 days ago

A Wall Street plate is seen on a street vendor stall outside the New York Stock Exchange (NYSE) in New York City, U.S., July 11, 2025. (Reuters/Jeenah Moon)

S&P 500, Nasdaq Gain After Amazon-OpenAI Deal. Kenvue Jumps After Buyout

The S&P 500 and Nasdaq edged higher on Monday, after a slew of AI deals boosted megacap companies Amazon and Nvidia, while hawkish comme...
Economy

/ 2 days ago

Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken February 10, 2020. (Reuters/Dado Ruvic/Illustration)

Dollar Edges up as Rate Cut Expectations Remain in Limbo

NEW YORK — The dollar edged up to a three-month high against the euro on Monday, extending its gains from last week on doubts about the outl...
Economy

/ 3 days ago

Fed Hawks Blast Rate Cut, Say US Inflation Is Too High

Two regional Federal Reserve bank presidents on Friday aired their disagreement with the U.S. central bank’s decision to cut interest ...
Economy

/ 6 days ago

A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. (Reuters File)

Oil Heads for Third Monthly Decline as Dollar, OPEC+ Supply Weigh

Oil prices were flat on Friday, but were heading for a third consecutive monthly decline, as a stronger U.S. dollar, weak China data and ris...
Economy

/ 6 days ago

Kansas City Federal Reserve President Jeffrey Schmid attends the Federal Reserve Bank of Kansas City's 2025 Jackson Hole Economic Policy Symposium, "Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy", in Jackson Hole, Wyoming, U.S., August 21, 2025. (Reuters File)

Fed’s Schmid: Inflation Risks Remain, Economy Still Showing Momentum

WASHINGTON — Kansas City Fed president Jeffrey Schmid said on Friday that he dissented against cutting interest rates this week out of conce...
Economy

/ 6 days ago

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 20, 2025. (Reuters/Brendan McDermid)

Wall Street Set for Strong Open as Apple, Amazon Forecasts Lift Mood

The S&P 500 and the Nasdaq were poised for a strong start on Friday after upbeat forecasts from Apple and Amazon helped calm nerves, a d...
Economy

/ 6 days ago

Young Californians Strive for Higher Education, Delay Work: PPIC

A new study from the Public Policy Institute of California finds young Californians are staying in school longer, entering the workforce lat...
California

/ 6 days ago

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Starbucks Workers Union Vote to Authorize Strike Amid Stalled Talks
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