U.S. stocks plunged on Thursday as a sharp sell-off in AI stocks rattled Wall Street. The Dow Jones Industrial Average finished down 1,833.06 points, or 3.44%, while the Nasdaq Composite tumbled 5.52%.The Nasdaq closed in correction territory, meaning it finished at least 10% below its Oct. 6 record closing high.…

U.S. Oil and Gas Association President Tim Stewart is sounding the alarm over the potential fallout if the Lone Star State were to adopt California-style energy policies. Stewart stressed that “the absolute worst thing that could happen to the United States economy would be to have California-style energy policy implemented…

McDonald’s is testing new value menu offerings with an eye toward launching a new national value menu program in early 2027. The fast-food giant has sought to counter slowing traffic in the U.S. as the company’s quarterly earnings release on Wednesday revealed comparable sales in the U.S. declined 0.2% in…

The midterm elections ushered in Democratic majorities in both the House and Senate for the next two years, along with state-level gains that could shake up oversight of artificial intelligence (AI). The AI sector has faced political scrutiny in a variety of areas, including the amount of electricity consumed by…

EXCLUSIVE: The Treasury Department and Internal Revenue Service announced Thursday the designation of 6,576 Opportunity Zones nationwide – including in all 50 states, U.S. territories and Washington, D.C. – opening a new 10-year window for private investment in economically distressed communities. The designations will take effect Jan. 1, 2027, according…

Voters across at least 10 states delivered a sweeping rebuke to data center expansion in Tuesday’s midterm elections, backing restrictions and rejecting development proposals amid growing concerns about electricity costs, land use and the rapid buildout of artificial intelligence infrastructure. Voters backed restrictions or rejected pro-development measures in all but…

CVS Health on Tuesday announced plans to split its sprawling conglomerate into separate health insurance and pharmacy businesses, a move one industry expert welcomed as a potential way to drive down costs for millions of Americans. The separation is expected to be completed by the first half of 2028, creating…

Hackers targeted refrigeration systems at three regional blood banks in France this week, raising concerns about the safety of critical medical supplies as similar cyberattacks disrupted supermarkets across Europe. Officials said Wednesday that the cyberattack on France’s national blood service, the French Blood Establishment (EFS), occurred overnight between Sunday and…

A ticket sold in New Jersey matched all six winning numbers in Wednesday’s Powerball drawing to claim the $847 million jackpot. The grand prize has an estimated cash value of $363.1 million and is the ninth-largest Powerball jackpot ever won, according to Powerball.The white balls drawn Wednesday were 15, 34,…

Google is extending its buyout program to selected workers in five additional countries as the company looks for ways to control expenses while pouring money into artificial intelligence programs. The company told Reuters that select workers in Canada, France, Germany, Japan and Switzerland were offered buyouts beginning in June, although…