The S&P 500 is nearly 10 percent below its mid-February record — approaching a symbolic milestone known on Wall Street as a correction.
Category: United States
-
Delta, Southwest, American Airlines Cut Forecasts, an Early Alarm About Consumer Spending
The revised projections suggest that flagging economic confidence has started to hurt travel, which can be an indicator for other industries.
-
Solar Energy, Criticized by Trump, Claims Big U.S. Gain in 2024
The added capacity for the year was the most from any single source in more than two decades.
-
Asian Markets Slide as Global Sell-Off Continues
Markets in Japan, South Korea and Taiwan were down about 2 percent on Tuesday morning, after the S&P 500 had its worst day of the year.
-
China’s Tariffs on U.S. Agricultural Products Take Effect
The action came in response to the higher levies on Chinese imports that President Trump announced last week.
-
Bringing Diverse Voices to Book Publishing
Sally Kim, president and publisher at Little, Brown and Company, wants to give everyone a seat at the table.
-
Many Chinese See a Cultural Revolution in America
People in China are expressing alarm at what seems to be an authoritarian turn in the United States, long their role model of democracy, that feels familiar.
-
Hackers Stole $635,000 in Taylor Swift Ticket Scheme, Queens D.A. Says
Two people stand accused of taking hundreds of tickets from StubHub to redirect them to others who resold them, prosecutors said.
-
China’s Economic Plan Is Light on Detail as Trade War Intensifies
The country’s top leaders set an optimistic growth target but gave few hints of how to achieve it as their export-led strategy is challenged by rising tariffs on Chinese goods.
-
Tariffs Add a New Shock to Food Supply Chains
Companies made their supply chains stronger and more flexible because of the Covid pandemic. But they weren’t banking on tariffs.
-
What 6 Americans Thought of Trump’s Speech
For many reluctant Trump voters, there was a mixture of confidence, anxiety, hope and frustration — along with some anger directed at Congressional Democrats.