The US and Japan finished their ‘largest and most complex’ military exercise, amid rising tensions with China

US Navy/Mass Comm. Specialist 3rd Class Erwin Jacob V. Miciano The US and Japan were joined by Canadian forces for Keen Sword 19, which ended this week. The exercise was the biggest and most sophisticated the US and Japan have carried out. It comes amid growing tension with China in the seas and airspace of […]

Stocks fall after jobs report shows wages are rising at the fastest pace in nearly a decade

Brendan McDermid/Reuters Stocks fell Friday for a fourth day on the back of trade optimism. The US added more jobs than expected in October, and wages rose at the fastest pace in nearly a decade. Follow the US indexes in real time here. Stocks stumbled Friday as the latest signs of a tightening labor market […]

Trump fired a new warning shot at the Fed over rising interest rates

President Donald Trump accused Federal Reserve Chairman Jerome Powell of getting joy out of raising interest rates in an interview with The Wall Street Journal published on Tuesday. Trump has made clear he sees rising interest rates as a threat to the broader US economy. When asked whether he regrets nominating Powell to chair the […]

Why rising bond yields are playing on stockholders’ nerves

THE FIRST full-length film made by Steven Spielberg features an unusual lead. So indeed does much of his more celebrated work. But the star of “Duel”, his 1971 debut, is nothing as exotic as a man-eating shark or cloned velociraptor. It is a tailgating lorry. In a nerve-shredding journey across the California desert, it torments […]

US stocks suffer worst loss in 8 months amid rising interest rates, tech hit hardest

US stock exchanges recorded biggest losses in 8 months as rising interest rates made investors flee risky stocks. The S&P, Dow Jones and Nasdaq plunged between 3 and 4 percent. Technology shares were among the worst affected. The S&P 500 fell almost 92 points, or just over 3 percent, the biggest daily loss since February […]

Tensions are rising in the South China Sea, and a US ally there has already drawn ‘red lines’ with China

Tensions are rising in the South China Sea, and a US ally there has already drawn ‘red lines’ with China NOW WATCH: Here’s why so many nations want to control the South China Sea — and what China wants to do See Also: Amid rising tensions with China, Japan just sent armored vehicles to foreign […]