The Los Angeles Post
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Today: April 16, 2025
Today: April 16, 2025
ELAINE KURTENBACH

ELAINE KURTENBACH

Staff Writer

Latest From ELAINE KURTENBACH

Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Wall Street ends its wild week with what else but more swings

U.S. stocks rose, but only after careening through another wild day

Stock market today: Wall Street ends its wild week with what else but more swings
Asia|Business|Economy|Political|World

China slams US tariffs, says its economy is resilient but there are no winners in a trade war

China's commerce minister says Beijing will not yield to bullying and its economy can weather tariffs and other challenges, though there are “no winners in a trade war."

China slams US tariffs, says its economy is resilient but there are no winners in a trade war
Asia|Business|Economy|Finance|Stock Markets

7-Eleven parent names new CEO and plans IPO in US as it fights a takeover bid by Circle K's owner

The parent company of the 7-Eleven convenience store chain has named a new CEO and plans to sell billions in assets as it tries to fend off a takeover bid from a Canadian rival

7-Eleven parent names new CEO and plans IPO in US as it fights a takeover bid by Circle K's owner
Asia|Business|Economy|Political|Stock Markets|US

Wall Street tumbles as tariff whiplash and falling AI stocks drag Nasdaq 10% below its record

Wall Street’s sell-off kicked back into gear after tariff whiplash and falling AI stocks dragged the market lower

Wall Street tumbles as tariff whiplash and falling AI stocks drag Nasdaq 10% below its record
Asia|Business|Economy|Finance|Political|Stock Markets|US

Stock market today: Wall Street rebounds after Trump pulls back on some of his tariffs

U.S. stocks climbed after President Donald Trump pulled back on some of his tariffs, raising hopes he may avoid a worst-case trade war that grinds down economies and sends inflation higher

Stock market today: Wall Street rebounds after Trump pulls back on some of his tariffs
Asia|Business|Economy|Finance|Political|Stock Markets|US

Wall Street falls again as losses wipe out all post-election gains for the S&P 500

Stocks racked up more losses on Wall Street Tuesday as a trade war between the U.S. and its key trading partners escalated, wiping out all the gains since Election Day for the S&P 500

Wall Street falls again as losses wipe out all post-election gains for the S&P 500
Asia|Business|Economy|Political|US|World

China eyeing U.S. farm exports for retaliation, report says, as importers rush to beat tariffs

Chinese manufacturers reported stronger orders in February as importers rushed to beat higher U.S. tariffs

China eyeing U.S. farm exports for retaliation, report says, as importers rush to beat tariffs
Asia|Business|Economy|Finance|Stock Markets

Dow drops nearly 650 points on worries that Trump's latest tariffs will slow the economy more

U.S. stocks fell sharply and wiped out even more of their gains since President Donald Trump’s election after he said that tariffs on Canada and Mexico would take effect within hours

Dow drops nearly 650 points on worries that Trump's latest tariffs will slow the economy more
Asia|Business|Economy|Political|Stock Markets|Technology|US

Stock market today: Wall Street rallies, and Dow jumps 600 to make a dreary February not so bad

Wall Street closed its dreary February on a brighter note, as U.S. stock indexes rallied

Stock market today: Wall Street rallies, and Dow jumps 600 to make a dreary February not so bad
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Wall Street falls sharply as Nvidia tumbles 8.5% and AI mania falters

U.S. stock indexes fell sharply as Wall Street’s frenzy around artificial-intelligence technology faltered some more

Stock market today: Wall Street falls sharply as Nvidia tumbles 8.5% and AI mania falters
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Wall Street rises just enough to break its 4-day losing streak

U.S. stock indexes drifted to a mixed finish after climbing in the morning but then running out of momentum

Stock market today: Wall Street rises just enough to break its 4-day losing streak
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Wall Street falls as US consumers get more pessimistic about inflation, tariffs

Wall Street fell further from its record as worries worsen among U.S. consumers about inflation and tariffs

Stock market today: Wall Street falls as US consumers get more pessimistic about inflation, tariffs
Asia|Business|Economy|Political|Stock Markets|US

Stock market today: Wall Street holds steadier but still falls following last week's tumble

U.S. stocks drifted lower following their sharp losses from last week

Stock market today: Wall Street holds steadier but still falls following last week's tumble
Asia|Business|Technology

Upstart Chinese AI company DeepSeek's founder started out as a low-key hedge fund entrepreneur

The 40-year-old founder of China's DeepSeek, an AI startup that has startled markets with its capacity to compete with industry leaders like OpenAI, kept a low profile as he built up a hedge fund that now manages a reported $8 billion in assets

Upstart Chinese AI company DeepSeek's founder started out as a low-key hedge fund entrepreneur
Asia|Business|Economy|Finance|Stock Markets

Tech stocks tank as a Chinese competitor threatens to upend the AI frenzy; Nvidia sinks nearly 17%

Wall Street’s superstars tumbled as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve been feasting on

Tech stocks tank as a Chinese competitor threatens to upend the AI frenzy; Nvidia sinks nearly 17%
Asia|Business|Economy|Finance|Stock Markets

Stock market today: S&P 500 climbs to a record

U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year

Stock market today: S&P 500 climbs to a record
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Asian shares gain and bitcoin hits a record high ahead of U.S. inauguration

World shares are higher ahead of the inauguration of U.S. President-elect Donald Trump, while bitcoin surged to a record high

Stock market today: Asian shares gain and bitcoin hits a record high ahead of U.S. inauguration
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Wall Street finishes its best week since Trump's election with a rally

U.S. stock indexes rallied to close out their best week in two months

Stock market today: Wall Street finishes its best week since Trump's election with a rally
Asia|Economy|Finance|News|Stock Markets|US

Stock market today: Asian shares mostly higher after US inflation data ease rate hike worries

Shares are mostly higher in Asia after a highly anticipated report showed inflation accelerated across the U.S. in August, but not by much more than expected

Stock market today: Asian shares mostly higher after US inflation data ease rate hike worries
Business|Economy|Technology|US|World

Foreign firms in China say vague rules and tensions with Washington hurting business, surveys show

Foreign companies operating in China say tensions with Washington over technology, trade and other issues and uncertainty over Chinese policies are damaging the business environment and causing some to reassess their plans for investing in the giant market

Foreign firms in China say vague rules and tensions with Washington hurting business, surveys show
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asian shares track Wall Street's slump after Fed says rates may stay high in '24

Asian shares are lower, tracking a slump on Wall Street after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought

Stock market today: Asian shares track Wall Street's slump after Fed says rates may stay high in '24
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Asian shares mixed after interest rates-driven sell-off on Wall Street

Asian shares are mixed after another slump on Wall Street driven by expectations for U.S. interest rates to stay high well into next year

Stock market today: Asian shares mixed after interest rates-driven sell-off on Wall Street
Asia|Business|Economy|Finance|News|Stock Markets

Stock market today: Asian shares mostly lower after Wall Street retreat deepens

Shares in Asia are mostly lower after Wall Street’s ugly September got even worse, with benchmarks dropping back to where they were in June

Stock market today: Asian shares mostly lower after Wall Street retreat deepens
Asia|Business|Economy|Finance|News|Stock Markets

Stock market today: Asian shares mixed, with most regional markets closed after Wall St ticks higher

Asian markets are mixed, with only a few open due to public holidays across the region

Stock market today: Asian shares mixed, with most regional markets closed after Wall St ticks higher
Asia|Business|Finance|Stock Markets

Stock market today: Asian markets sink, with Hong Kong down 3% on heavy selling of property stocks

Asian markets have declined following a mixed session on Wall Street, where buying was pressured by rising bond yields

Stock market today: Asian markets sink, with Hong Kong down 3% on heavy selling of property stocks

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