Wildfires rage in the West as temperatures soar into triple digits
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Dow Falls 890 Points, Tech Stocks Plunge Amid Economic Fears
U.S. stock sold off sharply on Monday, with major indexes posting their steepest declines of the year amid growing signs that the economy may be on weaker footing than previously believed. The S&P 500 dropped 2.69 percent, its worst day in months, while the Nasdaq Composite plunged 4.00 percent, driven by sharp losses in technology…
- Breaking News | China | News
Deadly flooding in China worsens as rescues and evacuations intensify
Heavy rain and high water levels in China’s northeastern rivers are threatening cities downstream, prompting the evacuation of thousands BEIJING — Thousands of people threatened by storm-swollen rivers were evacuated in China‘s northeast on Friday while areas on the outskirts of Beijing cleared debris from flooding that wrecked roads, knocked out power and left neighborhoods…
- Breaking News | China | News
Argentina to pay for Chinese imports in yuan rather than dollars
BUENOS AIRES, April 26 (Reuters) – Argentina will start to pay for Chinese imports in yuan rather than dollars, the government announced Wednesday, a measure that aims to relieve the country’s dwindling dollar reserves. In April, it aims to pay around $1 billion of Chinese imports in yuan instead of dollars and thereafter around $790…
- Breaking News | China | News
China’s Economic Disaster: Property Giant Evergrande Files For Bankruptcy in U.S.
Titanic Chinese property developer Evergrande filed for bankruptcy protection in the United States on Thursday, the culmination of two years of distress as China’s troubled property market slides further into crisis. Evergrande was once China’s largest property developer and its rise was a symbol of how important the indebted real estate sector had become to…
Trump orders pause on federal grants, loans, according to internal OMB memo
Jan. 28 (UPI) — The Trump administration directed federal agencies to stop distributing loans and grants Tuesday until a review is held to ensure the spending meets Trump’s agenda. In a memo late Monday viewed by CNN, The Hill, and The Washington Post Matthew Vaeth, the acting director of the Office of Management and Budget…
