US

CMS holds Global Interfaith Convention to promote communal harmony

Trump to add a ‘couple of countries’ to US travel ban

6:58 pm January 22, 2020

Davos: US President Donald Trump said his administration was preparing to add a “couple of countries” to the controversial list of states whose citizens are subject to travel bans or severe restrictions on entry to the United States. “We are adding a couple of countries to it. We have to be safe. Our country has […]

Stock indexes edge lower, pulling S&P 500 below record high

US stocks slip following Asian sell-off on virus fears

9:19 pm January 21, 2020

Washington: US stocks slipped Tuesday in the first trading day of a holiday-shortened week, following up on losses around the world as worries deepened about a virus outbreak in China. Asian stocks dropped sharply, while European markets and crude oil also stumbled on concerns that the new coronavirus spreading in the world’s second-largest economy could […]

Trump lauds US economy in Davos, says little on climate woes

9:05 pm January 21, 2020

Davos, Switzerland: President Donald Trump said Tuesday that he’s led a “spectacular” turnaround of the U.S. economy and urged the world to invest in America, but had less to say about climate change issues that are a focus of this year’s gathering of top business and political leaders in the Swiss Alps. Trump kept to […]

Davos chief welcomes views of Trump, Greta Thunberg at forum

11:57 pm January 19, 2020

Davos (Switzerland): The head of the World Economic Forum says it’s “reassuring” that US President Donald Trump and climate activist Greta Thunberg will both return to its annual meeting in Davos this year, noting that concerns about the environment will be a key topic. WEF founder Klaus Schwab sees vast changes in business, society and culture over […]

US stock indexes rally following solid retail sales report

9:44 pm January 16, 2020

NEW YORK: Stocks rallied on Wall Street in early trading as a solid retail sales report injected more optimism into markets following the signing of an initial trade deal between the US and China. Consumers have been the backbone of economic growth and the government’s December report on retail sales showed that they continued spending […]