US futures and Asian shares slip as worries over Trump's Fed chief pick and AI weigh on markets
U. S. futures and Asian shares skidded on Monday as worries over President Donald Trump’s nominee to be the next Federal Reserve chair amplified jitters over a possible bubble in the artificial intelligence boom. South Korea’s exchange, which is heavily influenced by tech-related developments, briefly suspended trading as its benchmark Kospi dropped 5. 1%, to 4,958. 51. Samsung Electronics gave up 5. 6%, while chip maker SK Hynix sank 7. 6%. The Kospi has been forging records for weeks as...
Read MoreMon, 02 Feb 2026
- US futures and Asian shares slip as worries over Trump's Fed chief pick and AI weigh on markets
Sun, 01 Feb 2026
- From Elon Musk to the former Prince Andrew, a whos who of powerful people named in Epstein files
- Undercover investigation of Meta heads to trial in New Mexico in first stand-alone case by state
- In Minneapolis, all-encompassing immigration story tests a newsroom in midst of digital transition
Sat, 31 Jan 2026
- A chatbot entirely powered by humans, not artificial intelligence? This Chilean community shows why
- Starbucks feeling the heat as more chains vie for US coffee drinkers
- A former Sierra Club Foundation director sues over internal racism that he says hinders its mission
- No REAL ID yet? You can still fly, but it may cost $45 without another form of accepted ID
Fri, 30 Jan 2026
- Trump nominates government economist to lead Bureau of Labor Statistics
- Senate passes Trump-backed government funding deal, sending to House
- Young people are protesting ICE and reenacting immigration raids in online gaming platform Roblox
- US stocks fall while a break in gold fever sends metals prices plunging
- Anger and anguish spread across Cuba as it learns of Trump's tariff threat on those who provide oil
- Trump's choice of Warsh to lead Fed could reshape the world's most influential central bank
- More consumers are buying or selling gold. What to know about the latest rush and swings in value
- Who is Fed chair nominee Kevin Warsh?
- Panama Canal ports will keep operating after court finds concession unconstitutional, president says
- Judge bars federal prosecutors from seeking the death penalty against Luigi Mangione
- Warsh's challenge: Navigating Fed independence and Trump's demands
- Pushed by Trump, US allies are resetting relations with China
- US producer prices rose 0.5% in December, more than expected, on uptick in services inflation
- Starmer says UK cant stick its head in the sand over China after Trump issues warning
- Israel reopening Gazas border crossing with Egypt on Sunday after long closure
- Questions hang over Putin's consent to a request by Trump to spare Ukraine's power grid
- Europe sees modest growth, but the weaker US dollar looms as a threat
- Venezuelas acting president signs oil industry overhaul, easing state control to lure investors
- Niger's junta leader accuses France, Benin and Ivory Coast of being behind airport attack
- Ethiopia's national carrier cancels flights to Tigray region as fears grow of renewed fighting
- Trump threatens tariffs on any country selling oil to Cuba, backing Mexico into a corner
Thu, 29 Jan 2026
- Trump sues IRS and Treasury for $10 billion over leaked tax info
- Trump says he will announce his Federal Reserve chair nominee on Friday morning
- Trump threatens Canada with 50% tariff on aircraft sold in US, expanding trade war
- Apple's iPhone sales surge to new quarterly high despite early missteps in artificial intelligence
- After a day of sharp swings, Wall Street ends nearly where it began
- Starbucks sees room to expand with hundreds of new US stores and increased seating
- Trump says Venezuelan airspace will reopen to commercial travel and Americans soon can visit
- Former First Brands CEO Patrick James and his brother are indicted for bilking billions from banks
- Average US long-term mortgage rate ticks higher, holding near lowest point in more than 3 years
- Here's when you'll get your tax refund from the IRS
- Altria earnings fall short amid lower cigarette sales and competition for nicotine products
- Russias Lukoil plans sale of international assets in response to planned US sanctions
- Layoffs are piling up, heightening worker anxiety. Here are some of the biggest recent job cuts
- US applications for jobless benefits, a proxy for layoffs, tick down to 209,000 last week.
- US ambassador warns of China's growing manufacturing dominance
- Norfolk Southern's profit slips 12% amid merger costs and economic uncertainty
Wed, 28 Jan 2026
- Trump facing growing cultural revolt against immigration crackdown
- Tesla made smallest annual profit since the pandemic, plans to spend big on robotaxis and robots
- EPA plan would begin rolling back 'good neighbor' rule on downwind pollution from smokestacks
- Federal Reserve keeps interest rates unchanged even as Trump continues to insist they be lowered
- Microsoft beats Wall Street expectations with $81.3B revenue
- Meta posts stronger-than-expected Q4 results though costs continue to soar
- US stocks hold near their all-time high while the dollars value stabilizes
- Rubio details how the Trump administration will control Venezuela's oil money
- Bessent warns Carney against picking a fight before US-Canada-Mexico trade talks
- Amazon cuts about 16,000 corporate jobs in the latest round of layoffs
- Winter drilling program in Alaska petroleum preserve can proceed, judge rules
- France's finance minister demands tech firm Capgemini explain ICE contract
- IRS faces stiff challenges in 2026 tax season due to workforce cuts and new laws, a watchdog says
- Dutch government is ordered to protect residents of Caribbean island of Bonaire from climate change
- Germany trims this year's growth forecast to 1% as its economy is slow to gather pace
- Holidays and a viral bear cup drive strong quarterly sales at Starbucks
- 3 months after rapidly scheduled arguments, the Supreme Court has yet to decide on Trump's tariffs
- ASML made record $11.5 billion profit in 2025 thanks to AI-driven demand, plans to cut 1,700 jobs
Tue, 27 Jan 2026
- India and the European Union reach a free trade deal representing a third of global trade
- Mexican president says her country has paused oil shipments to Cuba
- Wall Street sets a record while the US dollar's value slides again
- Carney rolls his eyes at US Treasury secretary, says he told Trump he meant what he said at Davos
- UPS looks to cut up to 30,000 jobs this year
- UPS retires fleet of MD-11 aircraft involved in deadly Kentucky crash
- TikTok settles as social media giants face landmark trial over youth addiction claims
- Pinterest will lay off 15% of its workforce as the platform pivots resources to AI
- How artist Gordon Parks' foundation keeps his legacy growing 20 years after his death
- Amazon to close Amazon Go and Amazon Fresh to concentrate on Whole Foods and grocery delivery
- Americans' confidence in the U.S. economy falls sharply in January to lowest level since 2014
- What travelers can expect as Southwest Airlines introduces assigned seats
- Trump visits Iowa trying to focus on affordability during fallout over nurse's Minneapolis shooting
- Boeing's sales jump nearly 60% in 4Q, bolstered by strong rise in airplane deliveries
- Not ready for robots in homes? The maker of a friendly new humanoid thinks it might change your mind
- EU steps in to make sure Google gives rivals access to AI services and data
- Top US trading partners pledged to invest $5 trillion in America. These researchers have doubts.
- Fed expected to keep rates unchanged as Chair Powell pivots back to economics
Mon, 26 Jan 2026
- Carney calls Trump's tariff threats bluster ahead of US-Canada free trade talks
- USA Today Co., owner of the Detroit Free Press, says it will purchase The Detroit News
- Trump threatens to hike tariffs on South Korean goods over inaction on trade deal
- Businesses face pressure to respond to immigration enforcement while also becoming a target of it
- European Union opens investigation into Musk's AI chatbot Grok over sexual deepfakes
- US stocks rise as gold hits another record and the dollar's value sinks again
- Minnesota CEOs issue joint letter urging de-escalation in Minnesota after shooting
- California Post brings brash New York-style tabloid news to the West Coast
- US Treasury Department ends contracts with Booz Allen Hamilton after Trump tax leak
- UAE conglomerate plans legal action against Lebanon over $1.7B investment losses
- Trump administration invests in another US rare earth miner to loosen China's grip on supply
- Myanmar uses 'ghost ships' to import aviation fuel for deadly air attacks, Amnesty says
----------
Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Copyright © 1996 - 2026 CoreComm Internet Services, Inc. All Rights Reserved. | View our Privacy Policy
CoreComm is not responsible for content on external sites. Please review the privacy and security policies of each vendor before making online purchases or providing personal information. Forecast Information Provided by AccuWeather.