The Russia-Ukraine Crisis Is Shaking Markets and Portfolios
The New York Times
Global markets typically rebound from war and disaster, and they are likely to do so this time, too. But Russia’s nuclear arsenal raises the risks beyond calculation.
Global markets usually weaken as wars approach, strengthen long before wars end and treat human calamity with breathtaking indifference.
That’s been a common historical pattern, anyway. And, with some important caveats, it seems to be playing out with Russia’s latest aggression toward Ukraine.
President Vladimir V. Putin of Russia has already rattled stock, bond and commodity markets around the world. On Tuesday, U.S. stocks stumbled, with the S&P 500 falling 1 percent, into what Wall Street calls a correction — a decline of least 10 percent from the most recent high.
The move by Chinese regulators came a week after the Biden administration expanded curbs on the sale of advanced U.S. technology to China.
Walter Mosley talks about how his fictional hero frees himself from wage labor through America’s favorite side hustle: landlording.
Acadia Healthcare falsifies records at its methadone clinics and enrolls patients who aren’t addicted to opioids, a Times investigation found.
The law will ban the video app in the United States by Jan. 19 if its owner, ByteDance, does not sell it to a non-Chinese company.
The chief executive of Nvidia, Jensen Huang, has taken advantage of popular loopholes in the federal estate and gift taxes, which have quietly been eviscerated.
Connor Sports, in the tiny mill town of Amasa, Mich., is one of the leading makers of hardwood floors for top professional and college teams.
Faltering U.S. industrial leadership has allowed China to take a harder trade stance as President-elect Donald Trump prepares to take office.
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric and hybrid cars have taken off.
Pat Gelsinger stepped down after nearly four years at the helm of the onetime highflying company, Intel said Monday.
Pat Gelsinger stepped down after nearly four years at the helm of the onetime highflying company, Intel said Monday.
New rules prohibit the sale of certain types of chips and equipment to China, in an effort to close loopholes and cement the Biden administration’s legacy in countering the U.S. rival.