Las Vegas’s famed casino floors are getting quieter as table game dealers find themselves among the first to feel the squeeze of technological change and a downturn in tourism. Major resorts on the famous Las Vegas Strip, including Fontainebleau and Resorts World, have started laying off workers — many of which are dealers — as…
US stocks tumbled on Wednesday as investors were reminded of the costs President Trump’s tariffs will have for major companies and the challenges these policies may present for the broader US economy. The market sell-off intensified in the final hours of trading as Federal Reserve Chair Jerome Powell delivered perhaps his starkest warning yet on…
Chinese battery producer Leoch International Technology has been pressing ahead with the first instalment of its US$200 million factory in Mexico before a June launch, with the Hong Kong-listed firm just one of many getting to grips with unpredictable US tariff policies. Executive director and chief investment officer Helen Hong Yu said the company originally…
Chinese battery producer Leoch International Technology has been pressing ahead with the first instalment of its US$200 million factory in Mexico before a June launch, with the Hong Kong-listed firm just one of many getting to grips with unpredictable US tariff policies. Executive director and chief investment officer Helen Hong Yu said the company originally…
STORY: U.S. stocks snapped a two-session streak of gains, with the Dow dropping six-tenths of a percent, the S&P 500 shedding over one percent and the Nasdaq plunging 1.7%. Investors exercised caution ahead of a monetary policy decision from the Federal Reserve on Wednesday, while continuing to gauge the potential impact of President Donald Trump’s…
US stocks fell on Monday as the threat of tariffs against Mexico and Canada were put back on the table, and investors awaited this week’s Nvidia (NVDA) earnings. The Dow Jones Industrial Average (^DJI) was little changed, while the S&P 500 (^GSPC) fell 0.5%. The tech-heavy Nasdaq Composite (^IXIC) fell 1.2% as Microsoft (MSFT), Nvidia…