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The stock market has been on a tear in recent weeks, shrugging off newly imposed tariffs, caution at the Federal Reserve and war in the Middle East.The S&P 500 has soared 20% since an April low suffered after President Donald Trump’s “Liberation Day” tariff announcement. Over that period, the tech-heavy Nasdaq has climbed 28%, while the Dow Jones Industrial Average has jumped 12%.Over the past month -- even as a U.S.-China trade tensions resurfaced and the Iran war broke out -- the S&P 500 climbed more than 5%.Concern among investors...

TOKYO -- Japan's Prime Minister Shigeru Ishiba said Friday that he held telephone talks with U.S. President Donald Trump and agreed to hold “productive" discussions at an upcoming tariff talks between the two sides.“Investment, not tariffs,” Ishiba told reporters after the talks. He said Japan’s position to keep pushing Washington to drop all recent tariff measures is unchanged and that he stands by plans to push for Japanese investment to create more jobs in the U.S. in exchange.The two leaders held talks just after Economic Revitalization Minister Ryosei Akazawa, Japan's...

LONDON -- A Ukrainian man charged with setting fire to the personal home of British Prime Minister Keir Starmer, along with another property and car linked to him, was held in custody Friday after facing three counts of arson in court. Roman Lavrynovych, 21, is accused of setting fire to Starmer’s house, a building where the prime minister once lived and a small SUV he had owned. He is charged with three counts of arson with intent to endanger life.Prosecutor Sarah Przybylska said Lavrynovych denied setting the fires and, at...

Analysis of the S&P 500, Dow Jones industrial average and Nasdaq during Donald Trump's second term in office and how it compares to the first terms of Barack Obama and Joe Biden.One hundred and one days into Donald Trump's second presidency, investors aren't as sure as they were about the short-term outlook for America's businesses as they were when he took the oath of office.In the weeks between Trump's election and inauguration, the Dow Jones industrial average and the S&P 500 rose more than 4%, as investors expected more pro-business...

Stock market uncertainty from President Donald Trump’s tariffs has even casual investors anxiously watching the VIX, commonly called Wall Street’s panic index or fear gauge.The Chicago Board Options Exchange Volatility Index – known as VIX – measures market expectations of stock price changes over the next 30 days, according to Cboe Global Markets, which manages the index.Investors use it to anticipate how stocks will react in stressful economic times, including those caused by tariffs. If VIX activity goes up, the stock market will probably go down.On April 7, the index...

President Donald Trump said Wednesday he will pause reciprocal tariffs for 90 days to more than 75 U.S. trading partners except for China, whose tariff rate he said will increase to 125%, effective immediately.U.S. markets reacted favorably, surging higher in afternoon trading. The Dow gained nearly 3,000 points and the S&P 500 rose 474. The Nasdaq rose more than 1,800.Trump's decision is the latest is a series of market-wrenching moves that have taken place since the president announced a series of tariffs on April 2. Stock market declines and a...

HONG KONG -- Asian shares slid further Friday after U.S. President Donald Trump's tariffs sent shudders through Wall Street at a level of shock unseen since the COVID-19 pandemic pummeled world markets in 2020. Everything from crude oil to Big Tech stocks to the value of the U.S. dollar against other currencies has fallen. Even gold, a traditional safe haven that recently hit record highs, pulled lower after Trump announced his “Liberation Day” set of tariffs,’ which economists say carries the risk of a potentially toxic mix of weakening economic...

Stock markets struggled into Wednesday morning as it became clear that President Donald Trump intended to announce a slew of tariffs on America's trading partners, with the White House preparing to mark what it is calling "Liberation Day."The S&P 500 and NASDAQ both posted their first quarterly losses since 2022 this week as investors prepared for the new measures and economists warned of the possibility of a recession -- with major potential knock-on effects for other economies around the globe.The Dow Jones, S&P 500 and NASDAQ futures were all slipping...

The Promise of CBDC and Gift City’s Role Is the Digital Rupee ready for real-world testing? At a time when countries like China and the European Union are pioneering their own CBDCs, such as the Digital Yuan and the Digital Euro respectively, India is not far behind in its ambitions of having its version of CBDC-the Digital Rupee, better known as e-RUPI. These various global initiatives will go a long way in updating the world’s financial systems, monetary policy mechanisms, and financial inclusion. China has already started testing the e-CNY,...