Stock futures for the Nasdaq Composite Index cratered before the opening bell on Friday, tumbling nearly 800 points, or 2.7%, after disappointing earnings reports from Alphabet, Amazon and Intel renewed fears about the prospects for artificial intelligence. Intel’s stock plunged more than 26% ahead of trading, while Alphabet shares continued to wobble after sliding more…
Japan launched an ambitious $350 million mission to Mars on Monday to study the red planet’s two moons in unprecedented detail, dropping a small rover on the largest — Phobos — before the mothership touches down to robotically collect soil samples for return to Earth. The primary goal of the Martian Moons Exploration mission, or…
President Trump announced Russia has agreed to provide the world with millions of tons of diesel fuel over the next several months in a bid to decrease skyrocketing global prices. In a Truth Social post, the president said he had just gotten off the phone with Russian President Vladimir Putin, who had agreed to release…
Dallas — President Trump calls this week’s Republican National Committee midterm convention a “rally like never before,” and an opportunity to celebrate his administration’s first two years ahead of the November elections. But the convention is taking place as the GOP faces headwinds over the unpopular war in Iran, and Mr. Trump’s approval ratings have…
The Consumer Price Index rose at an annual rate of 2.4% in February, unchanged from the prior month and representing a cooler pace than economists had forecast. The Labor Department data captures the period before the Iran war broke out in late February. Since then, oil prices have surged, driving inflation concerns among investors. “Inflation was starting to ease in…
