Stock markets drop as Trump unleashes new round of global tariffs

Stock markets opened sharply lower on Friday after President Trump unveiled steep tariffs on a wide range of countries, sparking concerns about how these import taxes would impact the U.S. and the global economies.

A weaker-than-expected labor market report contributed to the losses, with employers creating only 73,000 jobs in July, fewer than economists had expected.

The Dow Jones Industrial Average fell more than 400 points, or around 1% shortly after the markets opened. The S&P 500 and the Nasdaq each fell more than 1%.

— This breaking news will be updated

 

Hundreds of hikers rescued from Mount Everest after severe snowstorm

About 900 hikers, guides and other staff who were stranded by a weekend snowstorm on the Chinese side of Mount Everest have reached safety, state media said late Tuesday.

The costs of Israel’s longest war, for Israelis

Israelis are paying heavy costs for the longest war in their history: a mental health crisis, trauma, unprecedented division during wartime, animosity abroad and apathy for Palestinian suffering.

These numbers show how 2 years of war have devastated Palestinian lives in Gaza

It's been two years since Hamas-led militants attacked Israel, killing some 1,200 people and taking 251 hostages. In response, Israeli leaders promised a punishing offensive. Here are some numbers showing the war's toll.

White House floats no back pay for some furloughed federal workers despite 2019 law

A new draft White House memo suggests a 2019 law signed by President Trump that guarantees federal employees get paid after a shutdown ends would not apply to furloughed workers.

The government shutdown is snarling air travel. Officials say it could get worse

A dozen facilities saw air traffic control shortages on Monday, delaying flights at several airports. Transportation Secretary Sean Duffy blamed "a slight tick-up in sick calls" due to the shutdown.

Here are the finalists for the 2025 National Book Awards

This year's short list features novelists Rabih Alameddine and Megha Majumdar as well as five first-time nominees for nonfiction, including journalists Omar El Akkad and Julia Ioffe.

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