A brutal sell-off swept through Wall Street on Thursday, led by stocks tied to the buildout of AI data centres. The wipeout more than erased the US stock market’s gain from the day before, which was its best in three months. The S&P 500 fell 4.4 percent for its worst day since US President Donald Trump shook markets worldwide in April 2025 with his “Liberation Day” tariffs. The Dow sank 3.4 percent, while the Nasdaq tumbled 5.5 percent. The Nasdaq, which is full of AI-related and other tech stocks, sank 11.9 percent below its all-time high set last month. Stock geeks call a loss of more than 10 percent a “correction.” Stock markets around the world felt pressure from continued drops for companies that had benefited from the boom in the artificial-intelligence technology industry, and South Korea’s Kospi index tumbled 5.3 percent. Such stocks have been swinging for months on worries that the construction of further AI data centres may slow because of how expensive it’s become to borrow money. Critics also said AI stock prices had shot too high and were in a bubble. Tuesday’s US midterm elections added another challenge. The nationwide victories for Democrats raised the possibility that governments could force...
Read full articleThe government argues the change will help jobseekers and could help to prevent pay discrimination.
Over a decade has passed since Jennifer Lawrence first appeared in The Hunger Games (2012), but her connection to the franchise hasn’t faded. She recently shared a photo on her Instagram Stories, where she can be seen making the film’s signature three-finger salute, urging fans to vote in the November 3 midterm elections in the US as she wrote, “Don’t forget who burns with us.” The 36-year-old actress was referencing a memorable line from The Hunger Games: Mockingjay – Part 1 (2014), where her...
Canada is embarking on a path to end homelessness in 10 years, Finance Minister François-Philippe Champagne said as he presented the federal budget on Thursday.
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Essentials for a stress-free trip. View Entire Post ›
As Klaus-Michael Kühne’s business became a global force in container shipping, he resisted demands to document its wartime activities. He was 89.
The two companies settled billing disputes between doctors and insurers, keeping patients out of the middle. One let doctors win 96 percent of the time.
“If the first prize in the local church raffle is a semi-automatic rifle.” RUN! View Entire Post ›
Passengers recounted landing at a military base and being subjected to security checks and travel delays after threats that turned out to be hoaxes affected planes in Italy, Poland and Spain.
Passengers recounted landing at a military base and being subjected to security checks and travel delays after threats that turned out to be hoaxes affected planes in Italy, Poland and Spain.
A student made plans to end her life after chatting with Google’s artificial intelligence, a new lawsuit claims, amid mounting concerns about online harms to children.
Unlike American presidents, Pope Leo XIV has no private jet, so he travels on commercial airlines, like the rest of us. Well, almost.