Tech stocks led a week-long decline as US President Donald Trump’s global retaliatory tariffs were announced on Wednesday (April 2). The announcement led to a market-wide sell-off that erased over US$6 trillion in market value and drove the Nasdaq Composite (INDEXNASDAQ:.IXIC) into a confirmed bear market. This week’s pullback was the worst day in the stock market since the early ...
Erik Prince, founder of the controversial security contractor formerly known as Blackwater, joined in law enforcement operations on Saturday in Guayaquil, one of Ecuador’s most violent cities, according to local officials. The operations saw 10 houses raided and 40 people detained, Ecuador’s Interior Minister John Reimberg said. “Since early this morning, the security block together with the American Erik Prince, ...
The Canadian government is warning citizens visiting the United States that US border officials have the authority to search travelers’ electronic devices – including phones, laptops, and tablets – without providing a reason. In a revised travel advisory posted online, it urges Canadians to “expect scrutiny” when crossing the border and warns that refusing to comply involves risks including device ...
The dramatic arrest of the Philippines’ controversial former president in March sent shock waves through much of the world – and cast a renewed spotlight on the other leaders wanted by the International Criminal Court (ICC). Former Philippine President Rodrigo Duterte, who was whisked off to the Netherlands to answer for alleged crimes against humanity, had long been under scrutiny ...
For weeks, US airstrikes have pounded Houthi targets in Yemen, hitting oil refineries, airports and missile sites, with President Trump vowing to use “overwhelming force” until the US achieves its goal of stopping the Houthis from targeting shipping in the Red Sea. The Houthis began the campaign in solidarity with Palestinians when Israel went to war in Gaza in October ...
Pope Francis made a surprise public appearance on Sunday, the first time the leader of the Catholic Church has been seen in public since leaving hospital two week ago. Francis greeted crowds at the Vatican and seemed to be in good spirits. He was seated in a wheelchair and wearing what appeared to be a nasal cannula aiding his breathing. ...
Warren Buffett went on the record Friday to deny social media posts after President Donald Trump shared on Truth Social a fan video that claimed the president is tanking the stock market on purpose with the endorsement of the legendary investor. Trump on Friday shared an outlandish social media video that defends his recent policy decisions by arguing he is ...
Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs. As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting ...
American Water Works (AWK) Why focus on a utility that isn’t reporting earnings this week? It’s because the biggest question of the week is where should you put your money when markets are in turmoil. Hence, we review American Water. Do you want safety with a 2% dividend, a little international exposure, and no tariff implications? Then I give you ...
The stock market hoped for curtailment of tariffs on Wednesday, but that didn’t happen. Even the better-than-expected March non-farm payrolls weren’t enough to turn things around. The stock market slid sharply with the S&P 500 ($SPX), Nasdaq Composite, and Dow breaking through key technical support levels and closing very close to the low of the day’s range. The StockCharts MarketCarpets ...