Asian stocks advanced on Wednesday as confirmation of the first formal US-China trade talks in over a month lifted investor sentiment. The upcoming meeting, to be held in Switzerland, offered a fresh catalyst after weeks of tariff-related tensions, though gains across regional markets remained uneven. Japanese stocks slip Japanese equities lagged behind the broader regional trend as traders returned from ...
NEWYou can now listen to Fox News articles! In the world of President Donald Trump, the constant refrain that he ‘needs to do this’ or ‘must pass that’ in the next 200 days misses the point entirely. Trump doesn’t operate within the usual political playbook, and trying to fit him into conventional expectations is a mistake. Advisers often treat him ...
Amazon’s Zoox issued a software recall for 270 of its robotaxis after a crash in Las Vegas last month, the company said Tuesday. The recall surrounds a defect with the vehicle’s automated driving system that could cause it to inaccurately predict the movement of another car, increasing “the risk of a crash,” according to a report submitted to the National Highway Traffic ...
What’s wrong with Boston big man Kristaps Porzingis? The Celtics pulled Porzingis midway through the second quarter of their opening game against the New York Knicks in the Eastern Conference semifinals Monday night. While he briefly appeared after halftime, he went back to the locker room, and the Celtics announced he was questionable to return to the game thanks to ...
Here’s a quick recap of the crypto landscape for Monday (May 5) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$94,808.21 as markets wrapped for the day, down 1.2 percent in 24 hours. The day’s ...
With nearly 24 hours left for the Federal Open Market Committee (FOMC) meeting to discuss Fed rates, the global and crypto markets’ price predictions are turning extremely bearish. As the U.S. and broader crypto markets witness a short-term correction, the increased tensions before the FOMC meeting are likely to result in a steeper correction ahead. Unchanged Rates To Crash Markets U.S. ...
In a significant shake-up in the global food delivery industry, US-based DoorDash has agreed to acquire British rival Deliveroo in an all-cash deal valued at £2.9 billion. The offer, priced at 180p per share, marks the end of Deliveroo’s volatile tenure on the London Stock Exchange since its 2021 listing. Deliveroo’s board approved the offer, which represents a premium to ...
Vestas, a prominent wind turbine manufacturer, issued a warning on Tuesday regarding the anticipated consequences of President Donald Trump’s implemented import tariffs, specifically highlighting the potential for increased electricity prices for consumers across the US. The company explicitly stated its inability to internally absorb the additional financial burden imposed by these tariffs, according to a Reuters report. This assertion suggests ...
President Donald Trump unveiled a budget blueprint last week that includes roughly $6 billion in federal funding cuts to the National Aeronautics and Space Administration (NASA). Despite the multibillion-dollar slash, a senior official at the space agency told Fox New Digital that the reduction in funding is actually beneficial for efficiency and exploration. ‘The reductions in the President’s blueprint budget counterintuitively ...
Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share, ending its nearly three-decade run as a public company, the retailer announced Monday. The price 3G Capital agreed to pay represents a 30% premium to Skechers’ current valuation on the public markets, which is in line with similar takeover deals. Shares of Skechers soared ...
The 2027 NFL Draft will be held in Washington D.C., according to multiple reports. Axois was the first to report the news. An official announcement is expected Monday at the White House. NFL commissioner Roger Goodell and Washington Commanders owner Josh Harris will reportedly be joined by President Donald Trump, who has an unspecified sports-related announcement scheduled for 1 p.m. ...
Understanding trends in the cannabis industry is paramount for investors eyeing a market with steady growth potential, but the landscape is complex as products and regulations continue to evolve. Consumption habits are changing as edibles, vaping and THC beverages gain traction, especially among younger users, and cannabis companies are adapting their offerings to meet shifting demand. Meanwhile, regulatory uncertainty, particularly ...