Wall Street opened lower on Tuesday as investors turned cautious ahead of the Federal Reserve's interest rate decision, following strong retail sales data that signalled consumer resilience.
Wall Street's major indexes opened in the red on Tuesday as caution set in ahead of the Federal Reserve's interest rate decision later this week.
Strong U.S. retail sales data released earlier highlighted consumer resilience, prompting investor concerns over the central bank's next steps.
The Dow Jones Industrial Average fell 61.0 points, or 0.14%, to 43,656.47 shortly after the opening bell.
The S&P 500 dropped 21.5 points, or 0.35%, to 6,052.55, while the Nasdaq Composite slipped 78.3 points, or 0.39%, to 20,095.61.
Trump said the U.S. and Iran were making progress in peace talks, though direct negotiations remain premature. Meanwhile, Israel, reportedly, ...
A federal judge in New York released a handwritten document described as a suicide note purportedly written by late financier and convicted se...
Russia has restricted some mobile internet services ahead of Victory Day on Saturday (9 May), citing security concerns. The annual celebrations, ma...
Ted Turner, the CNN founder who pioneered the 24-hour news cycle, has died aged 87, ...
Argentinian authorities are reconstructing the journeys of Dutch citizens who presented with symptoms of deadly hantavirus after visiting Arge...
China is stepping up efforts to boost domestic spending and U.S. retail giant Walmart is expanding across the country to meet demand.
The European Union is preparing its 20th round of sanctions against Russia over the war in Ukraine. The measures are close to being approved, after earlier delays linked to energy concerns in Slovakia and Hungary eased following repairs to the Druzhba oil pipeline.
Georgia is considering launching a development bank to boost key sectors of its economy, but the proposal has sparked debate over risks, transparency and the potential for costly mistakes.
The International Monetary Fund (IMF) approved an $8.1 billion, four-year Extended Fund Facility programme for Ukraine on Thursday, aimed at preserving macroeconomic and financial stability as the war with Russia continues into its fifth year.
U.S. President Donald Trump said that Iran wanted to negotiate and make a deal in comments to reporters on Wednesday (6 May). But earlier, he warned Washington would ramp up attacks if no agreement was reached.
Argentinian authorities are reconstructing the journeys of Dutch citizens who presented with symptoms of deadly hantavirus after visiting Argentina and Chile as part of a luxury cruise trip, the country's Health Ministry said in a statement on Wednesday (6 May)
The United Arab Emirate said it was dealing with missile and drone attacks from Iran for the second day in a row on Tuesday (5 May), despite denials from authorities in Tehran who threatened a "crushing response" if the UAE retaliated.
The steps of the Metropolitan Museum of Art were transformed once again into the world's most prestigious runway for the 2026 Met Gala. This year’s theme, 'Costume Art,' invited guests to explore the intersection of nature, history, and the surreal under the official dress code 'Fashion Is Art'.
The 61st Venice Biennale has opened under grey skies and political tension, with disputes over Russia and Israel, resignations on the jury, and protests marking the start of one of the art world’s most high-profile events.
U.S. President Donald Trump has said he will raise tariffs on cars and trucks imported from the European Union to 25% next week, up from the 15% level agreed last year, accusing the bloc of failing to comply with its trade commitments.
The decision by the United Arab Emirates to leave OPEC+ on 1 May has put renewed focus on one of the most influential groups in global energy - and how its decisions can shape oil prices worldwide.
The United Arab Emirates has said it's quitting OPEC from 1 May, dealing a major blow to the oil producers’ group and its de facto leader, Saudi Arabia, amid disruption caused by the Iran war.
As the Iran war disrupts global flows of oil and gas and energy prices skyrocket, the Drin River, which descends through the mountains of northern Albania, is acting as a kind of shield.
China has ordered Meta to unwind its more than $2 billion acquisition of artificial intelligence start-up Manus, marking a major escalation in Beijing’s scrutiny of foreign investment in sensitive technology sectors. The order was issued on Monday by the National Development and Reform Commission.
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