U.S. stocks dip as election nears, with Trump and Harris in a tight race and investors bracing for Fed policy news.
U.S. stocks closed slightly down on Monday in a volatile session as investors prepared for a pivotal week with both the presidential election and a Federal Reserve policy announcement approaching.
Presidential candidates Donald Trump and Kamala Harris raced for final support, with polls showing a close contest. A recent Iowa poll showing Harris ahead led to a dip in the U.S. dollar, Treasury yields, and bitcoin, while Trump Media & Technology Group saw a sharp rebound.
The S&P 500 fell 0.28% to 5,712.69, the Nasdaq lost 0.33% to 18,179.98, and the Dow dropped 0.61% to 41,794.60.
Democrats are growing increasingly discouraged about the direction of their party, according to a new AP-NORC poll released six months after Donald Trump returned to the presidency.
President-elect Donald Trump picked prominent investor Scott Bessent to take on the role of U.S. treasury secretary.
"A defeat does not mean we're defeated," US President Joe Biden told disappointed Democrats after Donald Trump's election win. He urged Americans to "bring down the temperature."
Mexican President Claudia Sheinbaum congratulated Donald Trump on his election victory, calling for dialogue and respect for sovereignty. She expressed confidence in strong U.S.-Mexico relations and reassured the public despite market instability.
Elon Musk stands to gain from his ties to President-elect Trump, with Tesla shares surging post-election. Trump's policies, including deregulation and tariffs on Chinese imports, could benefit Musk’s businesses, including Tesla and SpaceX.
Mexico plans to formally request an exemption from the United States’ doubled steel tariffs, Economy Minister Marcelo Ebrard said, criticizing the move as unjust and economically unsound.
Smoke from intense wildfires burning across Canada has spread thick haze over parts of the US Midwest, causing “very unhealthy” air quality in Minnesota, Wisconsin, and Michigan on Tuesday.
Meta is turning to nuclear power to meet its rising energy needs for artificial intelligence and computing.
Bill Gates says nearly all of his wealth will go toward improving health and education across Africa over the next 20 years.
China’s electric scooter boom is accelerating the rise of salt-based batteries — a cheaper and safer alternative to lithium.
On May 28, the inauguration ceremony of Lachin International Airport was held.
Taxi drivers across France are protesting government plans to cut payments for driving patients to medical appointments. These cuts are part of a broader effort by Prime Minister François Bayrou to save €40 billion in the 2026 budget and reduce the country’s large deficit.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
As peace talks progress, voices from Yerevan, Tbilisi, and Baku reveal hopes, concerns, and expectations for a future shaped by trade, trust, and generational change in the South Caucasus.
In a major blow to one of President Donald Trump’s key economic policies, a US federal court has blocked the administration’s sweeping global tariff regime, ruling that the White House overstepped its constitutional authority.
Hungary's MOL Group and SOCAR have signed key terms for an exploration, development, and production sharing agreement for a new onshore area covering the Shamakhi-Gobustan regions of Azerbaijan.
bp, SOCAR and TPAO today signed several agreements enabling TPAO to join the production sharing agreement (PSA) for the Shafag-Asiman offshore block in the Azerbaijan sector of the Caspian Sea.
In May 2025, Türkiye’s annual inflation rate declined to 35.41%, down from 37.86% in April and falling short of the market forecast of 36.1%. This represents the lowest rate recorded since November 2021, as price increases slowed across almost all categories.
A new European Union law coming into effect on June 20 mandates smartphone makers to provide five years of software updates, energy labels, and improved repairability—setting new standards that may reshape the global smartphone industry.
U.S. stocks pushed higher on Monday, closing in on record levels after a volatile start to the day. Despite weak manufacturing data and renewed trade tensions between the U.S. and China, investor optimism held strong, with major indexes recovering thanks to tech gains and a surge in oil prices.
Mexico plans to formally request an exemption from the United States’ doubled steel tariffs, Economy Minister Marcelo Ebrard said, criticizing the move as unjust and economically unsound.
Smoke from intense wildfires burning across Canada has spread thick haze over parts of the US Midwest, causing “very unhealthy” air quality in Minnesota, Wisconsin, and Michigan on Tuesday.
Meta is turning to nuclear power to meet its rising energy needs for artificial intelligence and computing.
Bill Gates says nearly all of his wealth will go toward improving health and education across Africa over the next 20 years.
China’s electric scooter boom is accelerating the rise of salt-based batteries — a cheaper and safer alternative to lithium.
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