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Money & Markets

War with Iran delivers another shock to the global economy

WASHINGTON — The war with Iran is doing collateral damage to the world economy. The conflict is driving up energy and fertilizer prices; threatening food shortages in poor countries; destabilizing fragile states such as Pakistan; and complicating options for the inflation fighters at ...

Wall Street sinks as Trump threatens 8 European countries with tariffs

NEW YORK — Stocks slumped on Wall Street Tuesday after President Donald Trump threatened to hit eight European countries with new tariffs as tensions escalate over his attempts to assert American control over Greenland. The losses were widespread, with nearly every sector losing ground. ...

China buys several shiploads of U.S. soybeans ahead of Trump trade meeting

U.S. soybean farmers and lawmakers said the Chinese purchase of several shiploads of U.S. soybeans indicated a positive step in trade negotiations between the two counties. Reuters reported Wednesday that COFCO, a Chinese state-owned food processing company, purchased about 180,000 metric ...

Wall Street hits records following an encouraging update on inflation

NEW YORK — U.S. stocks hit records on Friday after an update on inflation came in a bit less painful than feared. The S&P 500 rose 0.8% and topped its prior all-time high, which was set earlier this month. The Dow Jones Industrial Average rallied 472 points, or 1%, and the Nasdaq ...

US stocks set more records as Wall Street’s relentless rally keeps rolling

NEW YORK — The seemingly relentless rally on Wall Street drove U.S. stocks to more records on Monday. The S&P 500 rose 0.4 percent after erasing a modest loss from the morning. The Dow Jones Industrial Average added 66 points, or 0.1 percent, and the Nasdaq composite climbed 0.7 ...