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Business

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Wall Street jumps sharply on easing trade war tensions
U.S. stocks advance as Trump hints at flexibility on tariffs

NEW YORK, New York - Investors bought up stocks on U.S. markets Monday after President Donald Trump indicated he may pull back on some...

Boston Celtics sold for $6.1 billion to private equity mogul Chisholm
Private equity mogul to acquire NBA's Celtics for $6.1 billion

BOSTON, Massachusetts: Private equity investor William Chisholm has agreed to buy the Boston Celtics in a record-breaking deal worth...

US mortgage rates rise for second week, adding pressure on buyers
Average US rate on 30-year mortgage rises slightly for second week

WASHINGTON, D.C.: The cost of borrowing for a home in the U.S. ticked up again this week, marking the second straight increase as homebuyers...

Apple TV+ bleeds $1 billion annually in costly streaming push
Apple losing over $1 billion a year on streaming service, report says

CUPERTINO, CALIFORNIA: Apple's ambitious foray into streaming is proving costly, with the company reportedly losing over US$1 billion...

Gold rally gains momentum as Citi lifts target to $3,200
Citi hikes gold price target for next 3 months to $3,200 per ounce

NEW YORK CITY, New York: Gold's record-breaking rally is expected to continue, with Citi Research increasing its three-month price...

Data center safety system nearly sparked US power crisis
Big Tech's data center boom poses new risk to US grid operators

BOSTON, Massachusetts: A routine safety mechanism at data centers nearly triggered a regional power crisis last summer, highlighting...

Phoenix

Section
USDA pledges $100 million for bird flu research, vaccine development
USDA to invest up to $100 million in projects to combat bird flu

WASHINGTON, D.C.: The U.S. Department of Agriculture (USDA) has announced plans to invest up to US$100 million in research to develop...

US factory output rises in February, led by auto rebound
US manufacturing output accelerates in February

WASHINGTON, D.C.: U.S. factories ramped up production in February, with a sharp rebound in motor vehicle output helping to drive manufacturing...

Devin Booker's late bucket lifts Suns over Bucks
Devin Booker's late bucket lifts Suns over Bucks

(Photo credit: Mark J. Rebilas-Imagn Images) Devin Booker knocked down a 20-foot jumper with 1.7 seconds remaining to give the Phoenix...

Blazers try to stay in play-in race against Cavaliers
Blazers try to stay in play-in race against Cavaliers

(Photo credit: Bill Streicher-Imagn Images) Even the best teams in the NBA go through a slump at some point of the long season. ...

Report: Mavs star Anthony Davis (adductor) to return vs. Nets
Report: Mavs star Anthony Davis (adductor) to return vs. Nets

(Photo credit: Jerome Miron-Imagn Images) Anthony Davis is set to return to the Dallas Mavericks' lineup on Monday night against...

Spring training roundup: Mets tie Yankees on Brandon Nimmo's HR
Spring training roundup: Mets tie Yankees on Brandon Nimmo's HR

(Photo credit: Sam Navarro-Imagn Images) Brandon Nimmo launched a three-run home run in the bottom of the ninth for the New York...