Mar 24 Genetic testing company 23andMe files for Chapter 11 bankruptcy as co-founder resigns By Associated Press The company said Sunday that it will look to sell "substantially all of its assets" through a court-approved reorganization plan. Continue reading
Mar 17 U.S. shoppers mildly increased spending in February as anxiety over the economy rises By Christopher Rugaber, Anne D'Innocenzio, Associated Press US shoppers stepped up their spending a just bit in February after a sharp pullback the previous month, signaling that Americans are shopping more cautiously as concerns about the direction of the economy mount. Continue reading
Mar 14 Wall Street rallies to its best day in months, but can't save another losing week By Stan Choe, Associated Press It still wasn’t enough to keep the U.S. market from a fourth straight losing week, its longest such streak since August. Continue reading
Mar 13 Wall Street tumbles to its first 'correction' since 2023 amid Trump's escalating trade war By Stan Choe, Associated Press Wall Street’s sell-off hit a new low Thursday after President Donald Trump’s escalating trade war dragged the S&P 500 more than 10 percent below its record, which was set just last month. Continue reading
Mar 11 Wall Street careens between a modest gain and sharp tumble in head-spinning day By Stan Choe, Associated Press Like it's been for most of the past few weeks, the market’s slide on Tuesday was erratic and dizzying. Continue reading
Mar 10 Stock market sell-off worsens as Wall Street wonders how much pain Trump will endure for the economy By Stan Choe, Associated Press Wall Street’s sell-off is worsening. The S&P 500 fell 2.8% Monday as worries build about how much pain President Donald Trump is willing to endure on the economy in order to get what he wants. Continue reading
Mar 04 Mexico, Canada and China retaliate as U.S. tariffs take effect By Josh Boak, Paul Wiseman, Rob Gillies, Associated Press President Donald Trump launched a trade war Tuesday against America’s three biggest trading partners, drawing immediate retaliation and sending financial markets into a tailspin. Continue reading
Jan 27 Tech stocks tank as Chinese AI competitor makes its debut By Stan Choe, Associated Press The S&P 500 dropped 1.5 percent, dragged down in large part by a 16.9 percent fall for Nvidia. Other Big Tech stocks also took heavy losses. Continue reading
Jan 27 Tech stocks fall sharply after Chinese AI company announces inexpensive large language model By Stan Choe, Associated Press Stocks outside of AI-related industries held up much better, though, and the Dow Jones Industrial Average was down just 58 points. Continue reading
Dec 26 How the stock market defied expectations in 2024, by the numbers By Associated Press U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. Continue reading