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Why is tech giant SoftBank investing over $100 billion in the US?

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BANGKOK -- Japanese tycoon Masayoshi Son and President-elect Donald Trump have announced plans for technology and telecoms giant SoftBank Group to invest $100 billion...
Jobs

Asian stocks track Wall Street gains after encouraging US jobs data calm jitters over the economy

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Asian stocks were higher Friday after U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment eased worries...
Jobs

Wall Street has best day since 2022 after encouraging update on US job market

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NEW YORK -- U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment eased worries about the...
World

Financial markets around the world stabilize after recent rout. Here’s what to know

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Markets on Wall Street and in Asia are stabilizing Tuesday following a mini-panic caused by an assortment of factors that stretched from late last...
World

Japan’s Nikkei 225 index plunges 7% as worries over US economy shake world markets

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BANGKOK -- Japan’s benchmark Nikkei 225 stock index plunged as much as 7.1% early Monday before recovering some lost ground, extending sell-offs that began...
Jobs

Chipmaker Intel to cut 15,000 jobs as tries to revive its business and compete with rivals

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Chipmaker Intel says it is cutting 15% of its huge workforce — about 15,000 jobs — as it tries to turn its business around...
Jobs

US hiring fell sharply in July, an unexpected setback for the economy stoking recession fears

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WASHINGTON -- The U.S. economy suffered an unexpected setback in July as hiring fell sharply and the unemployment rate rose for the fourth straight...
Tech

Global shares tumble after a wipeout on Wall Street as Big Tech retreats

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NEW YORK -- Wall Street’s split widened Thursday, as smaller stocks and other formerly downtrodden areas of the market rose up while superstar...
Tech

Stock market today: A wipeout on Wall Street sends the S&P 500 down by 2.3% as Big Tech skids

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NEW YORK -- A wipeout on Wednesday sent U.S. stock indexes to their worst losses since 2022 after profit reports from Tesla and Alphabet...
Tech

Stock market today: Wall Street rises to more records as big tech stocks keep climbing

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NEW YORK -- U.S. stocks rose to records Monday as gains for technology companies keep pushing the market higher.The S&P 500 climbed 0.8% to...
Jobs

Stock market today: Asian stocks are mixed ahead of key U.S. jobs data

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HONG KONG -- Asian stocks were mixed Friday after a steady Thursday on Wall Street as markets anticipated the release of key U.S. jobs...
Jobs

Stock market today: Stocks slip and bond yields jump following a hotter-than-expected jobs report

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NEW YORK -- Stocks slipped and Treasury yields rose sharply Friday after the government released a jobs report whose headline numbers came in hotter...
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