Retailers and brands have turned to Vietnam to manufacture goods from sneakers to couches while moving some or all production out of China. For years, China’s southern neighbor became a popular alternative for companies trying to avoid the crossfire of U.S. trade tensions with Beijing. Now, as President Donald Trump expands his tariff targets, they can no longer steer clear. Trump said he ...
Warren Buffett went on the record Friday to deny social media posts after President Donald Trump shared on Truth Social a fan video that claimed the president is tanking the stock market on purpose with the endorsement of the legendary investor. Trump on Friday shared an outlandish social media video that defends his recent policy decisions by arguing he is ...
Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs. As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting ...
New York state’s top financial regulator struck a $40 million settlement Thursday with Block Inc., the parent of Cash App, the popular money transmission service, after having found the company had “serious compliance deficiencies” related to its anti-money laundering program and transaction monitoring processes. The deficiencies at Block, some involving cryptocurrencies, “created a high-risk environment vulnerable to exploitation by criminal actors,” ...
An Israeli air strike early on Sunday destroyed part of the last fully functioning hospital in Gaza City as the military expands and intensifies its campaign across the territory. No casualties were reported from the strike but the Anglican church in Jerusalem – which runs the Al-Ahli Baptist hospital – said a boy with a head injury died in the ...
Voters in Ecuador are casting their ballots in a presidential runoff election between conservative incumbent Daniel Noboa and leftist lawyer Luisa González – a race overshadowed by drug-fueled violence that has consumed the once-peaceful South American country. “Tranquility … is the most important thing for the country because there is a lot of insecurity,” one voter said. “Security is in ...
Mario Vargas Llosa, the Peruvian-Spanish Nobel Prize-winning author whose work focused on the evils of totalitarianism and who once ran for president, has died at age 89, according to his family. “It is with deep sorrow that we announce that our father, Mario Vargas LLosa, passed away peacefully in Lima today, surrounded by his family,” said a family statement shared ...
New satellite images show what could be North Korea’s biggest warship ever – possibly more than double the size of anything in leader Kim Jong Un’s naval fleet. Images taken by independent satellite providers Maxar Technologies and Planet Labs on April 6 show the ship under construction in the water at the Nampo shipyard on North Korea’s west coast, about ...
Xi Jinping has appealed to Vietnam to join China in upholding multilateral trade, as he begins a high-stakes diplomatic tour of the region’s major export-reliant economies in a bid to position his country as a stable partner in contrast to the United States. Xi arrived in communist-ruled Vietnam on Monday and is set to visit Malaysia and Cambodia from Tuesday ...
Sudan’s Rapid Support Forces (RSF) seized control of a major camp for displaced people in North Darfur, the paramilitary group said on Sunday, after a four-day assault the government and aid groups have said left hundreds dead or wounded. The fighting has centered around the Zamzam camp, which, along with the nearby Abu Shouk camp, hosts some 700,000 people displaced ...