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Pilot Smuggled 55 Pounds of Ecstasy Into Indonesia, Officials Say
[ad_1] Authorities in Indonesia have released video footage of the arrest of a pilot from Malaysia who they said smuggled about 55 pounds of ecstasy and a package of methamphetamine...
What the Stock Market’s Record Rally Has to Do With Rescuing the Yen
[ad_1] The U.S. Treasury Department’s official reason for intervening in the Japanese yen last week was to prop up a major currency that is critical to global trade and stabilize...
Oil Prices Rise as Iran and U.S. Strikes Slow Traffic in Strait of Hormuz
[ad_1] After tumbling last week, oil prices reversed direction on Wednesday, topping $90 a barrel, as attacks resumed in the Middle East, jolting investors concerned about the flow of energy...
Investors Are Bracing for Uncertain Fed Announcement
[ad_1] For the first time in a long time, investors are uncertain about what will happen when the Federal Reserve announces its interest rate decision Wednesday.Kevin M. Warsh, the new...
Tech Stocks Tumble on Worries Over A.I. Spending and China’s Chips
[ad_1] A global technology stock sell-off intensified on Tuesday, underpinned by worries over hefty bills for the build-out of artificial intelligence systems and concerns over tougher competition from China.The Nasdaq...
Did the World Cup Live Up to Tourism Expectations? Here Are the Winners and Losers.
[ad_1] This year’s World Cup has two clear winners: Spain and FIFA.The jubilant Spanish team took turns hoisting the sculptural 18-karat-gold trophy after defeating Argentina to win it all last...
Trump’s Trade Negotiator Doubles Down on Tariffs Before Global Duties Expire
[ad_1] Jamieson Greer, the U.S. trade representative, told Congress on Wednesday that a “national emergency” on trade persisted and that the administration remained intent on using tariffs to transform the...
India Is Moving Fast to Build A.I. Data Centers. A Coastal City May Pay the Price.
[ad_1] A once-sleepy port destination has suddenly found itself at the center of India’s larger quandary over artificial intelligence, where many people question official enthusiasm over their city becoming the...