Dow falls nearly 500 points as bear market bounce loses steam

U.S. stocks fell on Tuesday, erasing earlier gains as the market failed to keep its rebound from the bear-market lows going. The blue-chip Dow Jones Industrial Average fell 491.27 points, or 1.56%, to 30,946.99. The S&P 500 dropped 2.01% to 3,821.55, and the Nasdaq Composite was the laggard, down 3% to 11,181.54. At one point, […]

Overseas, Jacinda Ardern shines bright. At home, the gloss is fading

Wellington: Abroad, New Zealand Prime Minister Jacinda Ardern remains a leading liberal light. During a recent trip to the United States, she delivered the commencement address at Harvard University, cracked jokes with Stephen Colbert and met in the Oval Office with President Joe Biden. At each stop, she highlighted her successes in passing gun restrictions […]

FDA panel recommends redesigned Covid booster shots for the fall

The next round of Covid booster shots should be modified to target the supercontagious omicron variant, a Food and Drug Administration advisory committee recommended on Tuesday. The vote capped off a daylong meeting in which the panel members grappled with how to get ahead of a virus that has outsmarted us for more than two […]

Nicole Sturgeon is accused of wasting time with new referendum

Nicole Sturgeon is accused of wasting time as she announces new vote on Scotland leaving the UK SNP leader said she would press ahead with another vote on October 19, 2023 Miss Sturgeon said Scotland had ‘paid a price’ for remaining within the UK But in a significant climbdown, she ruled out holding a wildcat […]

Depeche Mode reveals co-founder Andy Fletcher's cause of death

Depeche Mode on Monday shared the cause of death for co-founder and keyboardist Andy Fletcher, who died last month. Fletcher died at his home on May 26 at the age of 60. According to the band’s social media post Monday, Fletcher died of an aortic dissection, a tear in the wall of the body’s main […]

'Whitehall's shift to WFH is here to stay', says top mandarin

‘Whitehall’s shift to WFH is here to stay’: Top mandarin says hybrid working is now ‘part of the system’ Simon Case told MPs that working from home culture will continue  The Cabinet Secretary suggested that WFH could help to reform the civil service Boris Johnson wants to slash the number of civil servants by 20 […]

NHS plan's to ease bed crisis by turning patients' bedrooms into wards

NHS bosses plan to ease bed crisis by turning patients’ bedrooms into wards as part of new initiative Patients to be given phones and wearable devices that allow doctors to monitor Up to 25,000 people could be treated under the ‘hospital at home’ scheme Patients could be discharged sooner or avoid being admitted into hospital The […]

51 migrants die after trailer abandoned in San Antonio heat

SAN ANTONIO (AP) — Desperate families of migrants from Mexico and Central America frantically sought word of their loved ones as authorities began the grim task Tuesday of identifying 51 people who died after being abandoned in a tractor-trailer without air conditioning in the sweltering Texas heat. It was the worst tragedy to claim the […]

Home prices surged to another record high in April

U.S. home prices climbed to another record high in April, as inflation continued to run hot across the housing market in the spring. The latest S&P CoreLogic Case-Shiller index released Tuesday put the annual increase in the cost of a home at 20.4% in April, down slightly from the prior month’s upwardly revised jump of […]

Johnson to plead with Nato to find extra defence cash

Boris Johnson will plead with Nato allies to find extra defence cash… as he breaks his own promise to UK military Boris Johnson will tell fellow Nato leaders to up their defence spending But Johnson last night admitted he is abandoning a commitment he made at the last election to increase the UK defence budget […]