Asian markets tumble after a tough day on Wall Street
CNN
Asian markets opened sharply lower on Thursday, continuing Wall Street's downward spiral hours earlier.
Hong Kong's Hang Seng tumbled 2.8%, leading losses in the region. Japan's Nikkei also dropped more than 2%. Korea's Kospi was down 1.6%. China's Shanghai Composite Index shed 1%.
The US stock market had a steep sell-off on Wednesday, as investors grow increasingly worried about rising inflation and a possible economic recession. The Dow Jones Industrial Average lost 3.6%, its worst trading day since June 2020. The S&P 500 sank 4%, and the Nasdaq Composite skidded 4.7%.
Speaker Mike Johnson is a political survivor, weathering crisis after crisis since his unlikely ascent two years ago.
Chief Justice John Roberts and Justice Elena Kagan are well matched, rhetorically forceful opposites. And they have been clashing for more than a decade over an increasingly relevant question of presidential power: How easy should it be for the president to fire the heads of independent agencies?
The Army gynecologist described in a recent lawsuit as a “predator in uniform” is now being held in the Bell County Jail in Texas, “after apparently violating conditions of liberty imposed by his commander,” according to an Army spokesperson.
Brian Walshe on Thursday came face-to-face for the first time with the man who had been having an affair with his wife before her death, as he took the stand to testify in Walshe’s murder trial.
The Supreme Court on Thursday allowed Texas to use a congressional map that will boost President Donald Trump’s effort to keep Republicans in control of Congress, blocking a lower court decision that found the new boundaries were likely unconstitutional because they were drawn based on race.
The US military carried out a strike Thursday on a suspected drug boat in the Eastern Pacific, killing four people on board, according to a social media post from US Southern Command.
A grand jury voted against indicting New York Attorney General Letitia James after being asked to look at the mortgage fraud case against her a second time, according to multiple people familiar with the development Thursday.
National Guard troops deployed to Washington, DC, can remain there for now, after a federal appeals court on Thursday temporarily froze a judge’s ruling that would have soon required them to leave the city’s streets.
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