Renewed concerns over the path of interest rates had prompted the Dow's worst day since March 2023.
South Africa's trade, industry and competition minister Ebrahim Patel said on Friday he will retire from cabinet after the May 29 national election, the latest longstanding economics figure from the ruling African National Congress to step down from government. Patel's department oversees a number of regulatory and financial development agencies, including the competition commission which would have a say in any potential new bid by BHP Group for Anglo American. "It has been a great honour to serve my country as a member of cabinet for 15 years and three terms of office," Patel said in a statement.
Police in Peoria, Illinois, said a man was arrested May 14, roughly two weeks after the shooting.