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US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025

US stocks fall sharply and Dow tumbles 1,100 po...

YOUNG GON SONG

By  STAN CHOE Updated 9:52 AM GMT+9, December 19, 2024 NEW YORK (AP) — U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted...

US stocks fall sharply and Dow tumbles 1,100 po...

YOUNG GON SONG

By  STAN CHOE Updated 9:52 AM GMT+9, December 19, 2024 NEW YORK (AP) — U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted...

The outlook is uncertain for AI regulations as the US government pivots to full Republican control

The outlook is uncertain for AI regulations as ...

YOUNG GON SONG

By  DAN MERICA and ALI SWENSON Updated 10:06 PM GMT+9, November 28, 2024 WASHINGTON (AP) — With artificial intelligence at a pivotal moment of development, the federal government is about to transition from one that...

The outlook is uncertain for AI regulations as ...

YOUNG GON SONG

By  DAN MERICA and ALI SWENSON Updated 10:06 PM GMT+9, November 28, 2024 WASHINGTON (AP) — With artificial intelligence at a pivotal moment of development, the federal government is about to transition from one that...

Trump fills out his economic team with two veterans of his first administration

Trump fills out his economic team with two vete...

YOUNG GON SONG

By  FATIMA HUSSEIN and JOSH BOAK Updated 1:25 PM GMT+9, November 27, 2024 WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump is turning to two officials with experience navigating not only Washington but the...

Trump fills out his economic team with two vete...

YOUNG GON SONG

By  FATIMA HUSSEIN and JOSH BOAK Updated 1:25 PM GMT+9, November 27, 2024 WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump is turning to two officials with experience navigating not only Washington but the...

A courtroom of relief: FBI recovers funds for victims of scammed banker

A courtroom of relief: FBI recovers funds for v...

YOUNG GON SONG

By  MARTHA MENDOZA Updated 8:23 AM GMT+9, November 23, 2024 WICHITA, KANSAS (AP) — Sobs of relief broke out in a federal courtroom in Kansas on Monday as dozens of people...

A courtroom of relief: FBI recovers funds for v...

YOUNG GON SONG

By  MARTHA MENDOZA Updated 8:23 AM GMT+9, November 23, 2024 WICHITA, KANSAS (AP) — Sobs of relief broke out in a federal courtroom in Kansas on Monday as dozens of people...

What to know about Scott Bessent, Trump’s pick for treasury secretary

What to know about Scott Bessent, Trump’s pick ...

YOUNG GON SONG

By  FATIMA HUSSEIN Updated 9:49 AM GMT+9, November 23, 2024 WASHINGTON (AP) — President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve as his...

What to know about Scott Bessent, Trump’s pick ...

YOUNG GON SONG

By  FATIMA HUSSEIN Updated 9:49 AM GMT+9, November 23, 2024 WASHINGTON (AP) — President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve as his...

SEC Chair Gary Gensler, who led US crackdown on cryptocurrencies, to step down

SEC Chair Gary Gensler, who led US crackdown on...

YOUNG GON SONG

By MICHELLE CHAPMAN and STAN CHOEUpdated 5:14 AM GMT+9, November 22, 2024 Securities and Exchange Commission Chair Gary Gensler, who was aggressive in his oversight of cryptocurrencies and other financial...

SEC Chair Gary Gensler, who led US crackdown on...

YOUNG GON SONG

By MICHELLE CHAPMAN and STAN CHOEUpdated 5:14 AM GMT+9, November 22, 2024 Securities and Exchange Commission Chair Gary Gensler, who was aggressive in his oversight of cryptocurrencies and other financial...