Business

President Donald Trump blamed Democrats’ sweeping midterm election victories for Thursday’s massive stock market sell-off after the party’s sweeping midterm election victories, and Wall Street suffered its sharpest sell-off since April 2025. In a post on Truth Social, Trump warned the market plunge had taken a toll on Americans’ retirement…

U.S. stocks plunged Thursday as investors dumped AI stocks, but market experts say Wall Street’s concerns go beyond a single bad day. The Dow Jones Industrial Average fell 1,833 points, or 3.44%, while the Nasdaq Composite plunged 5.52% in its worst session since April 2025. The Nasdaq also closed in…

A sharp stock market sell-off Thursday sent major indexes tumbling, raising concerns for Americans watching their retirement savings as financial experts warned against making emotional investment decisions. The Dow Jones Industrial Average plunged 1,833 points, or 3.44%, while the Nasdaq Composite sank 5.52% and entered correction territory. The S&P 500…

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.…

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…

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…