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AI stocks resume their drops and drag markets lower worldwide

NEW YORK — The roller-coaster ride for AI stocks is snapping lower again Tuesday and weighing on Wall Street. The S&P 500 fell 0.7% even though the majority of stocks within the index rose. The drops for stocks in the artificial-intelligence industry dragged the Nasdaq down 1.5%, as of 11:20 a.m. Eastern time, while the Dow Jones Industrial Average was down 206 points, or 0.4%. The weakness began in Asia, where Samsung Electronics tumbled 6.9% in Seoul. The tech giant gave a preliminary look at its performance for the second quarter, and the numbers were strong. Samsung Electronics ...

Trump rings Wall Street’s opening bells as he ties his presidency to stock market gains

WASHINGTON — President Donald Trump on Monday rang the opening bells for the New York Stock Exchange and the Nasdaq from the golden confines of the Oval Office, a symbolic act that reflects how he has increasingly tied his presidency to the stock market. With high inflation hurting Trump's popularity, the Republican president has tried to get more Americans to focus on their 401(k) investments, claiming that his policies should get the credit for any gains, particularly as the November midterm elections draw closer. "It's going to go up — I think the market's going to go through ...

US airlines are redesigning travel around their highest-paying passengers

They may arrive at the same destination, but two passengers on the same flight can have strikingly different travel experiences. One traveler breezes through a priority security lane and heads straight to an invite-only lounge for craft cocktails and a chef-prepared meal before boarding early. A flight attendant offering a glass of champagne and a warm hand towel welcomes the passenger to a spacious seat at the front of the plane. The other traveler stands in a line at every step — security screening, a café selling $16 sandwiches, a crowded gate — then boards with one of the ...

Rebounds for AI stocks help support Wall Street and keep the market mixed

NEW YORK — A rebound for AI stocks is helping to support Wall Street and keep indexes mixed on Monday. The S&P 500 rose 0.5%, even though the majority of stocks within the index fell. The strength for companies in the artificial-intelligence technology industry had the Nasdaq composite ...

Nonprofits and brands are navigating the partisan air of the 250th in search of a unifying tone

NEW YORK — The United States' 250th birthday carries ambitions to galvanize Americans behind nationwide community-service drives and patriotic brand launches. Well-known U.S. nonprofits hope to inspire a record-setting level of volunteerism, while major companies such as Walmart and Coca-Cola are sponsoring tributes and selling limited-edition merchandise. But the private sector's unifying ambitions have been met with a mixed response, complicated by an uneasy national mood. Fewer Americans see their country as exceptional compared to 10 years ago, according to a recent survey from ...