The Fort Worth Press

Featured

Stocks, dollar mixed on Trump tariff warning

Choppy trading hit stock markets on Tuesday as investors digested Donald Trump's warning that he would impose huge new tariffs on China, Mexico and Canada when he takes over as US president in January.

Stocks retreat, dollar mixed on Trump tariff warning

Stock markets retreated and the dollar was mixed Tuesday after Donald Trump warned he would impose huge new tariffs on China, Mexico and Canada immediately on taking over as US president in January.

Last news

US dockworkers launch mass strike month before election

Tens of thousands of workers at major ports on the US East and Gulf Coasts went on strike Tuesday in action that could drag on the world's largest economy just ahead of the November presidential election.

Evacuations from Lebanon: what we know

Israel launched a ground offensive in Lebanon on Tuesday, escalating a conflict against Hezbollah after a week of air strikes that have killed hundreds.

Feathers fly at Chanel's Paris fashion return

Chanel returned to the Grand Palais -- scene of the late Karl Lagerfeld's most legendary triumphs -- for the first time in four years Tuesday with a birdcage-themed Paris Fashion Week show that recalled the label's past glories.

UAE oil giant ADNOC swoops on German chemicals firm Covestro

German chemicals group Covestro said Tuesday it had accepted a takeover bid from UAE state energy company ADNOC, as one of the key sectors in Europe's largest economy is gripped by crisis.

Eurozone inflation falls under 2% for first time since 2021

The eurozone's annual inflation rate fell to its lowest level in three-and-a-half years in September, official data showed Tuesday, dropping below the European Central Bank's two-percent target and fuelling expectations of a rate cut.

Coldplay ticket scalping fiasco sparks backlash in India

British rock band Coldplay's upcoming tour of India has triggered a police investigation and dismayed fans after scalpers bought up cheap tickets to resell online for more than $1,000 apiece.

Tokyo recovers some losses to lead Asian markets higher

Tokyo led most Asian markets higher Tuesday as a weaker yen boosted exporters and helped traders recover some of their hefty losses in the previous day's rout.

US dockworkers launch strike after labor contract expires

Dockworkers at major ports along the US East and Gulf Coasts began walking off the job early Tuesday after last-minute negotiations yielded no new labor contract, a stoppage expected to drag on the world's largest economy just ahead of the November presidential election.

Kenya airport whistleblower fears for his life

Nelson Amenya caused an uproar by exposing secret talks for an Indian firm to take over Kenya's main airport. He has no regrets, but fears his life is now in danger, he says.

Sheinbaum to take office as Mexico's first woman president

Almost four months after her landslide election victory, Claudia Sheinbaum will be sworn in Tuesday as Mexican president, taking over as the Latin American nation's first woman leader at a time when it is wracked by criminal violence.

US port officials gird for strike despite last-minute bargaining

Officials at 14 ports along the US East and Gulf Coasts were making last-minute preparations on Monday for a likely labor strike that could drag on the US economy just ahead of a presidential election.

Qatar Airways seeking 25% stake in Virgin Australia

Qatar Airways unveiled a bid to take a 25 percent stake in troubled airline Virgin Australia on Tuesday, a deal that could shake up Australia's Qantas-dominated market.

US port officials gird for strike as labor talks stay stuck

Officials at 14 ports along the US East and Gulf coasts were making last-minute preparations on Monday for a likely labor strike that could drag on the US economy just ahead of a presidential election.

US Fed Chair sees 'further disinflation' in economy

The United States is set to see inflation cool further towards policymakers' target, Federal Reserve chair Jerome Powell said Monday, with interest rates likely to come down over time, too.

Epic Games sues Google and Samsung over app store

"Fortnite"-maker Epic Games is suing tech giants Google and Samsung, it announced Monday, accusing them of illegally colluding to block competition on Samsung devices.

Officials see no shortages from likely US port strike

New York officials said on Monday they were prepared for a likely US dockworkers strike, reassuring consumers that they would not lose access to food and other essential goods.

UK families of Gaza hostages warn Lebanon attack 'takes focus away'

Families of hostages with British links held by Hamas in Gaza on Monday warned that Israel's escalation of hostilities with Hezbollah could distract from their loved ones being freed.

Shares in Stellantis, Aston Martin skid on profit warnings

Shares in Jeep-maker Stellantis and Britain's Aston Martin tumbled on Monday after both companies joined European rivals in cutting their profit forecasts.

Dali prints found in London garage sold at auction

Eleven lithographs signed by the Spanish surrealist Salvador Dali sparked an auction battle on Monday after being stored and forgotten in a London garage for about 50 years.

ECB chief backs bank mergers amid UniCredit, Commerzbank talk

ECB chief Christine Lagarde said Monday that cross-border banking mergers in Europe were "desirable" to boost their competitiveness, despite mounting German opposition to a potential tie-up between Commerzbank and Italy's UniCredit.

China stocks soar on stimulus, but US and Europe retreat

Chinese stocks surged higher Monday after further economic stimulus measures, while investor caution weighed on US and European stocks after solid gains chalked up last week.

China stocks soar on stimulus, Europe slides on automaker woes

Chinese stocks rocketed Monday, extending last week's surge after China unveiled a raft of economy-boosting measures, while a weak outlook for the car sector sent European auto stocks tumbling.

German antitrust watchdog steps up monitoring of Microsoft

Germany's anti-cartel watchdog said Monday it had placed US tech giant Microsoft under closer surveillance for any possible abuse of its market position.

E.Guinea, Gabon clash at ICJ over oil-rich islands

Gabon and Equatorial Guinea faced off on Monday at the International Court of Justice, hoping to resolve a decades-old scrap over the sovereignty of three disputed islands in potentially oil-rich waters.

New blow for UK's Starmer as growth data disappoints

Britain's economy grew less than initially estimated in the second quarter, revised official data revealed Monday, dealing another early blow to new Prime Minister Keir Starmer and his Labour government.

China's top banks to tweak mortgage rates to boost housing market

Six of China's biggest banks said they would tweak interest rates on mortgages for existing home loans following a request to lower them from Beijing's central bank, state media said Monday, as the country seeks to pull itself out of a housing slump.

Muslim women break taboos navigating east London's waterways

Paddle dipped gently below mossy water, Dilruba Begum guided the kayak and a trainee sat in front of her down a canal in east London.

Dozens missing, 9 dead in migrant boat wreck off Spanish Canaries

Nine people are confirmed drowned and at least 48 are missing after a boat carrying migrants capsized off Spain's Canary Islands overnight, rescue services said Saturday, the latest in a series of such disasters off the west coast of Africa.

SpaceX launches mission to return stranded astronauts

A SpaceX rocket soared into the sky Saturday with two passengers on board, leaving two seats empty to return American astronauts who have been stranded for months on the International Space Station, NASA said.

SpaceX set to launch mission to return stranded astronauts

A SpaceX mission is set for launch Saturday with two passengers on board, leaving two seats empty to return the American astronauts who have been stranded for months on the International Space Station, NASA said.

Boeing strike grinds on as latest talks fail to reach agreement

The union for striking Boeing workers said Friday that talks with the aviation giant "broke off" without agreement, after some 33,000 US employees walked out this month.

US ports brace for potential dockworkers strike

Tens of thousands of US dockworkers plan to strike next week if there is no breakthrough on contract talks, just a month before November's closely contested presidential election.

The Fort Worth Press - Economy (English)