Wall Street futures slipped as a surprise court ruling brought back most of Trump-era tariffs, shaking investor confidence heading into month-end.
U.S. stock futures declined on Friday after a federal appeals court reinstated the majority of tariffs imposed during Donald Trump’s presidency. This move reversed a prior decision that had blocked many of the levies, reigniting trade uncertainties. Despite the setback, the S&P 500 and Nasdaq are still on track for their best month since November 2023, buoyed by solid earnings and tame inflation data.
However, market volatility remains high as investors weigh the impact of renewed tariffs and upcoming inflation figures. Meanwhile, megacap tech stocks slipped slightly in premarket trading, with Nvidia and Tesla showing modest declines. All eyes are now on the Fed’s favored inflation measure, the Personal Consumption Expenditures (PCE) index, due later in the day, which may influence the central bank’s rate path.
The United Nations on Friday voiced serious concern over the deteriorating humanitarian situation in Sudan, warning that rising violence is increasing...
U.S. authorities say they have thwarted an ISIS‑inspired terrorist attack planned for New Year’s Eve in the town of Mint Hill, North Carolina, arr...
Ukrainian officials reported on Friday that thousands of children and their parents were evacuated from frontline areas in the Zaporizhzhia and Dnipro...
Yemen’s southern separatists have announced plans to hold a referendum on independence from the north within two years, a move likely to further esc...
Russian airstrikes have devasted apartment buildings in a residential area of Kharkiv, north-eastern Ukraine, injuring at least 25 people according to...
The United Nations on Friday voiced serious concern over the deteriorating humanitarian situation in Sudan, warning that rising violence is increasingly affecting civilians.
U.S. authorities say they have thwarted an ISIS‑inspired terrorist attack planned for New Year’s Eve in the town of Mint Hill, North Carolina, arresting an 18‑year‑old suspect just hours before the alleged assault was due to take place.
Ukrainian officials reported on Friday that thousands of children and their parents were evacuated from frontline areas in the Zaporizhzhia and Dnipropetrovsk regions as Russian forces continued to advance.
Turkish President Recep Tayyip Erdoğan said he would have a phone call with U.S. President Donald Trump on Monday to discuss peace efforts between Ukraine and Russia as well as issues surrounding Gaza.
Dozens of people are feared dead and around 100 others injured after an explosion tore through a crowded bar during New Year’s Eve celebrations at the Swiss ski resort of Crans-Montana, authorities said.
Russian athletes will not be allowed to represent their country at the Milano Cortina Winter Olympics even if a peace deal is reached with Ukraine, International Olympic Committee President Kirsty Coventry said in an interview with an Italian newspaper.
At least 47 people were killed and 112 injured after a fire broke out at a crowded bar in the Swiss ski resort town of Crans-Montana during New Year’s Eve celebrations, Italian Foreign Minister Antonio Tajani told Italian media on Thursday.
India has approved a major arms deal with Israel valued at approximately $8.7 billion, highlighting the deepening defence partnership between the two countries.
A 6.5-magnitude earthquake has struck the southern state of Guerrero in Mexico.
India’s largest oil refiner, Indian Oil Corporation (IOC), has taken a significant step towards diversifying its crude oil supply by purchasing Colombian crude, from state oil company Ecopetrol, for the first time.
China has given the nod for car makers to sell Level 3 self-driving vehicles from as early as next year after it approved two electric sedans from Changan Auto and BAIC Motors.
Warner Bros Discovery’s board rejected Paramount Skydance’s $108.4 billion hostile bid on Wednesday (17 December), citing insufficient financing guarantees.
Ford Motor Company said on Monday it will take a $19.5 billion writedown and scrap several electric vehicle (EV) models, marking a major retreat from its battery-powered ambitions amid declining EV demand and changes under the Trump administration.
Iran has rolled out changes to how fuel is priced at the pump. The move is aimed at managing demand without triggering public anger.
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