NEW YORK — Oil prices are rising, and stock markets are dropping worldwide Wednesday after President Donald Trump raised doubts about the temporary truce in the war with Iran. The S&P 500 fell 0.4% after Trump said the agreement to pause fighting was "over," though he added that he would ...
NEW YORK — Middle-income Americans straining to pay for Affordable Care Act health insurance are unlikely to get relief next year, according to a new analysis that shows insurers in the marketplace are proposing a second straight year of double-digit premium hikes. Across the 77 insurers ...
NEW YORK — After four years in exile, the prediction market platform Polymarket has begun a well-funded campaign to sell a new version of itself to the American public. To do so, the company is trying to convince policymakers, regulators, the public and prospective customers that the business it is building onshore is a more disciplined operation than the freewheeling offshore exchange that has at times been the subject of unfavorable headlines. Polymarket has hired social media influencers to produce viral marketing on TikTok and other platforms. Its account on X, formerly known ...
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 ...
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 ...
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 ...
