Explainer: Why is Wall Street so close to a bear market?

New York (AFP) – Bears are heading towards Wall Street. This year’s stock market slump has pushed the S&P 500 index close to what’s known as a bear market. High interest rates, high inflation, the war in Ukraine and a slowing Chinese economy have caused investors to reconsider the prices they are willing to pay … Read more

Opinion: Silent Trump officials have made book sales a top priority

Correction: An earlier version of this article misrepresented Esper’s knowledge of Trump’s motives for withholding Ukrainian aid in 2019. The article has been updated to more accurately reflect the language in Esper’s book, “Holy Oath.” Editor’s note: Michael D Antonio is the author of “It’s Never Enough: Donald Trump and the Quest for Success“Co-authored a … Read more

China suggests easing tech-related strictures, but don’t expect a shift in policy

China has shown signs of easing its crackdown on the technology sector that has wiped out billions of dollars from the value of its flagship companies. But analysts said Beijing’s recent positive rhetoric should not be confused with policy reversal. “I think the big tech companies will have a grace period maybe for the next … Read more