[ad_1] (Reuters) -Asian share markets and U.S. stock futures tumbled on Monday as fears of a global trade war led investors to ramp up bets on the risk of recession and a U.S. rate cut as early as May. Monday's rout extends a two-day selloff that wiped trillions of dollars from equity values after U.S. President Donald Trump's administration announced sweeping tariffs last week. COMMENTS: TONY SYCAMORE, MARKET ANALYST, IG,
[ad_1] Billionaire hedge fund investor Bill Ackman, who endorsed President Trump last year, is offering a stark warning about the risks of the White House’s tariff plans, arguing they could cause the economy to collapse while hurting Trump supporters the most. “Business is a confidence game. The president is losing the confidence of business leaders around the globe. The consequences for our country and the millions of our citizens who
[ad_1] MASON — The Michigan Department of Transportation closed U.S. 127 in both directions Sunday evening because of an unspecified incident.The state agency said on X, the social platform, the highway is closed between Barnes Road, Exit 61, in Mason and Bellevue Road, Exit 56, in Leslie."US 127 shut down between Bellevue and Barnes Rds. Avoid the Area," said Ingham County 911 in its own post.Contact editor Susan Vela at
[ad_1] By Wayne Cole SYDNEY (Reuters) -Asian markets faced more turmoil on Monday as fears of a global trade war saw Wall Street futures plunge, while investors wagered the mounting risk of recession could see U.S. rates cut as early as May. S&P 500 futures slid 4.79% in volatile trade, while Nasdaq futures dived 5.78%, adding to last week's almost $6 trillion in market losses. [.N] Nikkei futures slid 3.9%
[ad_1] CHICAGO – Four children injured in the war in Gaza arrived in Chicago Sunday for medical treatment thanks to the work of a local nonprofit.The children who arrived in Chicago from Gaza were seriously injured by bombs and missel strikes. After traveling for days, they received a warm welcome from dozens of people at Chicago O’Hare International Airport.Among the four children from Gaza was 15-year-old Yazan, who lost both
[ad_1] A federal judge is defending her decision to order the Trump administration to facilitate the return of Kilmar Abrego Garcia from a notorious El Salvador prison by Monday and has denied the government's request to stay her order while it appeals her decision.In a new court filing, U.S. District Judge Paula Xinis called the government's decision to send the 29-year-old Abrego Garcia to El Salvador's CECOT prison a "grievous
[ad_1] Some of President Trump's prominent backers in the business community are sounding the alarm on his rollout of reciprocal tariffs and the resulting market fallout. Outspoken billionaire investor Bill Ackman, who endorsed the president last July following the assassination attempt on Trump, said in a lengthy post on X late Sunday that, barring Trump calling a "time out" on his tariffs plans, we could be headed for an "economic
[ad_1] US stock futures plunged Sunday evening, setting up Wall Street for another bruising day on Monday as markets braced for more fallout from President Trump's fast-moving tariff policy. Futures tied to the S&P 500 (ES=F) plummeted around 4%, while those on the tech-heavy Nasdaq (NQ=F) lost 4.8%. Dow Jones Industrial Average futures (YM=F) sank 3.9%, or over 1,400 points. CME - Delayed Quote • USD As of 6:20:10 PM
[ad_1] A 49-year-old man wielding a blood-covered meat cleaver was shot and critically injured by New York City police officers on Sunday after allegedly stabbing four young girls believed to be his relatives in their home, authorities said.Two officers opened fire on the suspected attacker when they forced their way into the home and he allegedly ignored repeated orders to drop the bloody weapon and stepped toward the officers, NYPD
[ad_1] Tim Walz isn't laughing.The former vice presidential candidate and current governor of Minnesota stopped by CNN's "State of the Union" on Sunday, taking a moment to criticize former running mate Kamala Harris over comments she made last week.Speaking at the Leading Women Defined Summit in California on Thursday, Harris played the role of an in-the-know adviser whose advice wasn't heeded.“There were many things that we knew would happen. I’m not
