Financial markets

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US stocks got close to a bear market. Here’s what that means

Today News || NEW YORK — The bear came close to Wall Street but then backed off. The stock market’s…

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Business

Japan records trade deficit as imports surge on energy costs

Today News || Japan has recorded a trade deficit in April as imports ballooned 28% as energy prices soared while…

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Business

EXPLAINER: Why is Wall Street close to a bear market?

Today News || NEW YORK — The bears are rumbling toward Wall Street. The stock market’s skid this year has…

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Business

New US hospitals face fiscal crisis over COVID relief money

Today News || THOMASVILLE, Ala. — A whole town celebrated in 2020 when, early in the coronavirus pandemic, Thomasville Regional…

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Business

Asian stocks mixed, China gains ahead of US price data

Today News || Shares are mixed in Asia with Chinese benchmarks pressing higher after a rally in technology companies helped…

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Business

Asian stocks follow Wall St down on rate hike, economy fears

Today News || Asian stocks have followed Wall Street lower as fears increased that U.S. rate hikes to fight inflation…

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How higher Fed rates stand to affect Americans’ finances

Today News || WASHINGTON — Record-low mortgages below 3% are long gone. Credit card rates will likely rise. So will…

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Business

World shares jump as Chinese leaders pledge help for economy

Today News || World stocks advanced Friday after Chinese leaders pledged to do more to support the slowing economy as…

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Business

Asian shares decline after Fed chief’s comments on inflation

Today News || TOKYO — Asian shares fell Friday, tracking losses on Wall Street after Federal Reserve Chair Jerome Powell…

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Business

Myanmar exempts foreign businesses, NGOs from forex rules

Today News || Myanmar officials say the military-led government will exempt approved foreign investors, embassies, United Nations agencies and non-government…

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