The stock market is pulling back from the brink of the first bear market since 2020

The stock market is pulling back from the brink of the first bear market since 2020

NEW YORK (AP) – Wall Street rumbled to the brink of a bear market On Friday, after another drop for stocks, the S&P 500 briefly sent more than 20% below its peak set early this year. The S&P 500 index, which is the core of most employees’ 401(k) accounts, fell a whopping 2.3% for the … Read more

Biden: Korean chip factory a model for deeper ties with Asia

Biden: Korean chip factory a model for deeper ties with Asia

PYEONGTAEK, South Korea (AP) – President Joe Biden opened a trip to Asia Friday by visiting a South Korean computer chip factory that will be the model for another factory in Texas, offering it as a way to strengthen ties with the Deepen Indo-Pacific and stimulate technological innovation and nurture vibrant democracies. “So much of … Read more

UK inflation jumps to 40-year high of 9% as food and energy prices spiral

UK inflation jumps to 40-year high of 9% as food and energy prices spiral

A customer pays for his fruit and vegetables with a sterling ten pound note at a merchant’s market stall in London on May 12, 2022. – The UK’s economy contracted in March as the effects of rising inflation increased, increasing the likelihood that the country would would fall into a recession. Official data on Thursday’s … Read more

US hasn’t had the highest gas prices: Perry

US hasn’t had the highest gas prices: Perry

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