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...The fall of one of Myanmar’s busiest border trading towns to rebel forces in recent days has put further pressure on the military regime as it grapples with a relentless insurgency across the country....
...Some of the biggest losers in the S&P index included Nvidia, down 7.1 per cent today, and Facebook parent Meta, down 4.1 per cent....
...New York City and other parts of the northeastern US were shaken on Friday following an earthquake in northwestern New Jersey....
...Its 5.5 per cent weekly loss was its biggest since late 2022, and its fourth in a row, the longest run since the 4 final weeks of 2022....
...Bank of America’s profits fell 18 per cent in the first quarter, dragged down by a jump in potential loan losses and additional expenses tied to last year’s regional banking crisis....
...The pace of new home construction in the US fell in March to its lowest level since August 2023, but low inventory of existing homes continued to underpin demand for new builds....
...The decline in its share price also came after a New York Times report said the US aviation regulator was investigating whistleblower claims about safety issues in the production of Boeing’s 787 Dreamliner...
...Shares in New York Community Bank, which last year bought the failed Signature Bank in a government-assisted deal, plunged as much as 45 per cent on Wednesday morning, after it reported a surprise fourth-quarter...
...Share moves to note on the New York Stock Exchange include DNA testing company 23andMe, homebuilder DR Horton and credit reporting agency Equifax: 23andMe: Shares surged 23 per cent in early trading on...
...Despite the monthly decline, Joanne Hsu, University of Michigan’s survey of consumers director, said “consumers perceived few changes in the state of the economy since the start of the year” and “appear...
...The benchmark S&P 500 was 0.1 per cent lower shortly after the opening bell in New York while the tech-heavy Nasdaq Composite dropped 0.4 per cent....
...Trump Media and Technology Group shares were down more than 20 per cent at midday in New York — falling below its $49.95 price recorded the day before the merged company began to trade last week....
...Overall, almost three-quarters of the S&P 500’s constituents fell, with pharmacy operator Walgreens Boots Alliance the worst performer with a 9.9 per cent drop....
...The company’s shares closed 15.8 per cent lower on Friday, its biggest fall since March 2020....
...In the exhibition “Mood of the Moment: Gaby Aghion and the House of Chloé” that was on show at New York’s Jewish Museum until last month, the importance of the garment to the founder’s vision was underlined...
...the first babies born in the new town, whose story forms a Bildungsroman in miniature....
...Additional reporting by Jamie Smyth in New York...
...Bond yields rise as prices fall. An index tracking the dollar against a basket of six other currencies was up 0.3 per cent on the day, trimming gains seen before the latest CPI release....
...The National Association of Realtors reached a settlement in lawsuits brought by home sellers claiming the trade group conspired to inflate agents’ commissions, potentially upending how homes are sold in...
...The rate of new home construction in the US fell in January to its lowest level since August, while demand for new homes strengthened from a year earlier due to the lack of existing properties for sale....
...It was the first monthly decline since January 2023, with Seattle and San Francisco reporting the largest declines of 1.4 and 1.3 per cent, respectively....
...Details of the report also showed soft spending on electronics, personal care items and apparel, in a sign of weakening consumer demand....
...Peace and Justice was a protest against nuclear weapons and military violence based at the Seneca Army Depot in upstate New York....
...Erika James, dean of the Wharton School at the University of Pennsylvania, told the Financial Times that contributions from new funders had dropped in recent months, while being offset by extra revenues...
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