Stocks continued to decline Thursday amid Wall Street uncertainty around tariffs that were imposed on Canada and Mexico this week by President Donald Trump and later suspended. The Dow Jones Industrial Average fell about 1%, or about 430 points, while the tech-heavy Nasdaq dropped 2.6% to finish in correction territory, where it had been earlier…
Trump says he wants his Cabinet to lead his federal overhaul, not Elon Musk. Musk has had broad authority to reshape the government, but Trump now appears to be tightening his leash. Lawmakers and judges express concern over DOGE’s rapid cuts and unclear leadership. President Donald Trump said on Thursday that he wants his Cabinet…
Sabrina Ortiz/ZDNET Apple officially launched the iPhone 16e last week after a two-year hiatus. The new base model phone costs $599 and is perfect for Apple lovers who don’t need all the bells and whistles of the flagship iPhone 16 series. But right now, you can snag the new phone for nothing. Also: I replaced my…
Intel, a fallen Silicon Valley icon trying to restore its reputation as America’s most prominent semiconductor company, has named Lip-Bu Tan, an experienced business and technology leader, as its new chief executive. Mr. Tan, 65, will be responsible for reviving the fortunes of a chip-making company that has fallen from grace. Once one of the…
Breakthrough Energy, an umbrella organization funded by Bill Gates that works on a sprawling range of climate issues, announced deep cuts to its operations in an internal memo on Tuesday. Dozens of staff members were cut, including Breakthrough Energy’s unit in Europe, its team in the United States working on public policy issues and most…
President Trump has tapped Michelle W. Bowman, a Federal Reserve governor, to be the next vice chair for supervision at the central bank, according to a White House official who was not authorized to speak publicly. The position was vacated at the end of last month by another Fed governor, Michael S. Barr, who stepped…
Have you been spending too many hours on your social feeds feeling anxious, combative or just plain unproductive? Just as limiting exposure to social media has been recommended for children’s mental health, many adults may also benefit. Even if you aren’t ready for a full digital detox (where you severely reduce your smartphone use or…
High-Demand Job Sectors for Pakistani Workers Table of Contents 🌍 Global Employment Opportunities for Pakistani Workers Pakistani professionals are in high demand in countries like Saudi Arabia, UAE, Qatar, and Europe. These nations offer better salaries, good working conditions, and career growth opportunities. Professionals from Pakistan are particularly securing jobs in healthcare, construction, and IT…
As recently as January, President Vladimir V. Putin of Russia emphatically rejected the idea of a temporary cease-fire in Ukraine. But after a month in which President Trump turned American foreign policy on its head and Russian forces made progress in a key battle, the Kremlin now appears keen at least to entertain the 30-day…
Inflation eased more than expected in February, a welcome sign for the Federal Reserve as it grapples with the prospect of higher prices and slower growth as a result of President Trump’s trade war. The Consumer Price Index was up 2.8 percent from a year earlier, after rising another 0.2 percent on a monthly basis….
Deep cuts to staff and funding in the Department of Education will deal a major blow to the public’s understanding of how American students are performing and what schools can do to improve. On Tuesday evening, at least 100 federal workers who focus on education research, student testing and basic data collection were laid off…
Policymakers are grappling with “exceptionally high” uncertainty, Christine Lagarde, the president of the European Central Bank, said on Wednesday, just hours after the European Commission announced tariffs on U.S. imports in response to levies imposed by the Trump administration. Later, Canada announced a new round of retaliatory tariffs on U.S. imports. The unpredictability of trade…
Eggs prices continued their upward climb in February despite some easing in overall inflation, further straining consumers seeking relief from rising prices in the grocery aisles. Data from the Bureau of Labor Statistics released on Wednesday showed that egg prices rose 10.4 percent from the previous month, to nearly $5.90 for a dozen large Grade…
