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News
Debt piles up for young Argentines, testing support for President Milei
3+ day, 22+ hour ago (798+ words) BUENOS AIRES — At 18, Martín Taborda began studying law at Argentina’s prestigious University of Buenos Aires, hoping to become the first in his family to graduate. Just two years later, that dream has slipped out of reach. Unemployed and $1,300 in debt,…...
Stocks fall on Wall Street as oil prices jump back above $100 a barrel after Iran war escalates
4+ day, 23+ hour ago (753+ words) Stocks on Wall Street lost ground again Wednesday as the price of crude oil climbed back above $100 a barrel amid further escalation in the U.S. war with Iran. The Standard & Poor’s 500 index fell 0.5%. The Dow Jones industrial average dropped 0.8%, and the…...
Oil rises past $100 a barrel after the latest wave of Middle East attacks
5+ day, 5+ hour ago (504+ words) The price of oil surpassed $100 a barrel for the first time since July after attacks on oil facilities and ships in the Middle East threatened to debilitate an already weakened supply chain. Brent crude, the international standard, jumped nearly 3% to…...
Stocks slip on Wall Street under pressure from higher oil prices and rising bond yields
1+ week, 5+ day ago (576+ words) Stocks closed broadly lower Tuesday as another round of U.S. military strikes on Iran sent oil prices higher, stoking worries about stubbornly high inflation. A bond market sell-off deepened, putting more pressure on stocks. The Standard & Poor’s 500 index fell 0.7%. The Dow…...
Wall Street holds mostly steady following the latest update on inflation
2+ week, 4+ day ago (768+ words) The U.S. stock market drifted through a quiet day of trading Wednesday after a report said inflation was a touch worse last month than economists expected. Yields in the bond market, home to some of Wall Street’s biggest recent worries, edged…...
Canada strikes back at U.S. with retaliatory tariffs as trade war escalates
2+ week, 6+ day ago (803+ words) TORONTO — Canada struck back at the United States on Tuesday with retaliatory tariffs on about $20 billion worth of American goods, including steel, dairy products, appliances and farm equipment, as the trade war between the once-friendly neighbors escalated sharply. The tension…...
Wall Street drifts at the start of a week that could swing stocks and bonds
2+ week, 6+ day ago (694+ words) Socks drifted to a mixed finish Monday as the countdown ticks toward potentially market-moving events coming later in the week. The areas of the bond market that the U.S. Treasury Department is trying to calm down, meanwhile, eased a bit. The…...
Mark Zuckerberg buys an Irish castle
3+ week, 2+ day ago (426+ words) Meta Chief Executive Mark Zuckerberg’s latest home purchase appears fit for a billionaire who runs the world’s largest social media empire. Zuckerberg, who is married to Dr. Priscilla Chan and has three children, bought the Strancally Castle in Waterford, Ireland,…...