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US stocks fall as inflation unexpectedly heats up

US stock markets tumbled on Wednesday as an inflation reading came in hotter than expected, fanning fears that the Federal Reserve will keep interest rates higher for longer. Following days of attention on US President Donald Trump's tariff moves, traders were focusing on the January consumer inflation data, which is set to play a role in the ...

Global Stocks Wobble, Gold Shines as Tariff Uncertainty Looms

United States stock markets wobbled, and gold reached fresh highs on Tuesday as traders kept a nervous eye on US President Donald Trump’s next tariff decisions, worried about inflation and interest rates. European markets rose, with both Frankfurt and London again setting records, while Asian equity markets struggled for direction. Trump has ...

Davis Dominant in Dallas Debut, Curry Magic Gores Bulls

Superstar big man Anthony Davis dazzled in his Dallas debut before hobbling out hurt in the third quarter of the Mavericks' 116-105 NBA victory over the Houston Rockets on Saturday. Davis had given Dallas fans still fuming over the trade of Luka Doncic plenty of reasons to welcome his arrival, scoring 26 points with 16 rebounds, seven assists and ...

From Paris to New York: Museums Embrace Change

Inspired by the Louvre's upcoming renovation project, aimed at easing the crowding in front of the Mona Lisa, several leading museums are redesigning their spaces and collections to address the challenges of overtourism and climate change. “In light of the surging tourism, security concerns, the climate emergency, and the digital revolution, ...

Tatum Shines as Celtics Down Cavs, Lakers Thrash Clippers

Jayson Tatum scored 22 points as the Boston Celtics laid down a postseason marker against the high-flying Cleveland Cavaliers with a 112-105 victory on the road on Tuesday. In a heavyweight showdown between the Eastern Conference-leading Cavaliers and the second-ranked Celtics, Boston produced a clinical display to seal a deserved win. Tatum led ...

Brunson Scores 42 as Knicks Bounce Back, Thunder Rout Bucks

Jalen Brunson scored 42 points as the New York Knicks unleashed a late barrage to overwhelm the Houston Rockets 124-118 in the NBA on Monday. The Knicks were humbled at home by the Los Angeles Lakers on Saturday and looked to be sliding to another defeat at Madison Square Garden as Houston powered into an 11-point lead early in the fourth ...

Philadelphia plane crash marks a second US aviation disaster

A medical jet with six Mexican nationals onboard crashed into a busy Philadelphia neighborhood Friday, authorities said, marking another US aviation disaster after a passenger plane and a military helicopter collided midair in Washington earlier this week. Video footage appeared to show the twin-engine plane descending at a sharp angle towards a ...

Investigators Recover Plane Black Boxes from Washington Air Collision

Investigators on Thursday recovered the black boxes from a passenger plane that collided mid-air with a military helicopter over Washington's Potomac River, killing all 67 people, as rescuers pulled bodies from the freezing water. US President Donald Trump launched a political attack blaming diversity and inclusion policies championed by his ...

Trump's FBI Director Nominee Kash Patel Faces Senate Grilling

Kash Patel, President Donald Trump's pick to head the FBI, faces a potentially fiery Senate confirmation hearing on Thursday amid staunch Democratic opposition to his nomination to head the top US law enforcement agency. Patel, 44, has drawn fire for his promotion of conspiracy theories, his defense of pro-Trump rioters who attacked the Capitol ...

US Stocks, Nvidia Shares Steady After Chinese AI Shock

US stocks and shares in chip-making giant Nvidia on Tuesday clawed back some of their losses following a sell-off triggered by the sudden success of Chinese artificial intelligence firm DeepSeek. US tech shares tanked Monday, with Nvidia tumbling 17 percent, after China's DeepSeek unveiled its R1 chatbot, which can apparently match the capacity ...

Stocks diverge as investors weigh earnings, Trump policies

Global stocks diverged on Friday as investors weighed corporate earnings, economic data and President Donald Trump's policies. Meanwhile the US dollar lost more than one percent against the euro and pound following the US president's comments about not wanting to impose tariffs on China and calling for lower interest rates. The S&P 500 edged ...

Stocks enjoy 'Trump bump', but oil slumps

Global stock markets climbed on Tuesday as Donald Trump wasted no time in starting his second term as US president with a raft of announcements affecting the global economy. Oil prices slumped however on the prospect of more drilling in the United States, while the dollar lost much of its initial gains. Wall Street's major indices rose at the ...