U.S. shares ended Tuesday in negative territory as investors, cut off from official economic data due to the ongoing government shutdown, looked to alternative indicators and comments from Federal Reserve officials for guidance on economic weakness and monetary policy.
A consumer expectations survey from the New York Federal Reserve showed worsening future expectations and rising inflation projections, drawing heightened attention amid the government’s seventh day of closure.
Economically sensitive sectors, including homebuilding, real estate, airlines, and transport, underperformed the broader market.
Federal Reserve Governor Stephen Miran emphasised the need for continued rate cuts while warning of the risks of keeping policy too restrictive.
The S&P 500 fell 25.69 points, or 0.38%, to 6,714.59, the Nasdaq Composite lost 153.30 points, or 0.67%, to 22,788.36, and the Dow Jones Industrial Average dropped 91.99 points, or 0.20%, to 46,602.98.
At least 11 people were killed in Israeli strikes on southern Lebanon on Saturday, among the deadliest since a June ceasefire. Meanwhile, Qatar den...
Twelve people have died and at least 10 others were injured after a Polish-registered bus overturned on a motorway in eastern Hungary, officials sa...
North Korean leader Kim Jong Un reaffirmed the deepening of ties with Russia in a message to President Vladimir Pu...
Wildfires across England and Wales have reached their highest level on record, according to the National Fire Chiefs Council, as firefighters struggle to contain outbreaks following a spell of extreme heat.
The U.S. will impose unprecedented measures on Iran in order to economically isolate the country, U.S. Treasury Secretary Scott Bessent has said.
U.S. President Donald Trump's threats to make the Strait of Hormuz part of U.S. territory have been mocked by Iran's Deputy Foreign Minister, Kazem Gharibabadi, who said the sea passage "cannot be seized by tweet."
At least 47 people have been killed after a magnitude 7.7 earthquake struck off eastern Indonesia early on Saturday, triggering small tsunami waves and dozens of aftershocks, officials say.
Iran says the U.S. war and military presence in the region have worsened marine pollution around the Strait of Hormuz, calling for environmental protection to form part of future arrangements governing the strategic waterway.
Online fast-fashion platform Shein lost a London copyright lawsuit against rival Temu on Thursday over photographs used to promote some products.
Norway’s $2.3 trillion sovereign wealth fund has revealed a 0.05 per cent stake in SpaceX worth $1.22 billion, marking its first reported holding in Elon Musk’s space company.
U.S. data analytics firm Palantir Technologies has reported a 93 per cent year-on-year jump in second-quarter revenue, even as the company faces continued criticism over its work with Israel's military and allegations linking its technology to the war in Gaza.a.
Rising trade across the Caspian Sea is strengthening Georgia’s role as a logistics hub and could help the country develop higher-value industries, according to the Asian Development Bank (ADB).
Ford raised its full-year earnings forecast after reporting stronger-than-expected second-quarter adjusted profit, as resilient demand for its vehicles and operational improvements helped offset tariff-related costs.
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