Finance

SUMMARY  NEW YORK — Global stock markets plunged for a second consecutive day Tuesday as investors weighed the growing risk of an expanded Middle East conflict and its impact on energy prices and global inflation. The Dow Jones Industrial Average fell 1,140 points, or 2.33 percent, shortly after the opening bell, while the S&P 500 … Read more

SUMMARY  NEW YORK — US stock markets opened sharply lower Monday as investors reacted to escalating tensions in Iran, with concerns over potential disruptions to global oil supplies driving steep declines.  The Dow Jones Industrial Average fell 1,110 points, or 2.2%, while the S&P 500 and Nasdaq Composite each dropped 1.9%, according to FactSet. The … Read more

SUMMARY  A single ticket sold in Arkansas matched all six numbers in Monday night’s Powerball drawing, securing a $251 million jackpot, lottery officials confirmed Tuesday. The winning numbers were 2, 17, 18, 38, 62 and Powerball 20, with a 2x Power Play. The winner can choose between a 30 year annuity totaling $251 million or … Read more

SUMMARY  LOS ANGELES, — Netflix said Thursday it has withdrawn from talks to acquire key assets of Warner Bros. Discovery after declining to match a higher bid from Paramount, ending a closely watched bidding war that could have reshaped the global streaming and film industries. The decision closes weeks of negotiations over premium entertainment assets … Read more

SUMMARY  NEW YORK — US stock futures edged lower late Wednesday after chipmaker Nvidia reported quarterly results that investors viewed as a key test of the artificial intelligence trade driving markets in 2026. Futures tied to the Dow Jones Industrial Average fell 0.1 percent, while contracts linked to the S&P 500 and Nasdaq 100 dropped … Read more

SUMMARY  WASHINGTON — The $800 million Capital One Arena renovation has entered a visible construction phase in downtown Washington, with exterior scaffolding, sidewalk closures and Metro station adjustments now underway as part of a multiyear modernization scheduled for completion in fall 2027. Construction crews this month installed overhead protection near the Gallery Place Chinatown Metro … Read more

SUMMARY  WASHINGTON — The US Labor Department is set to release its January employment report Wednesday at 8:30 AM Eastern, offering the first detailed look at whether job growth in 2026 is improving after last year recorded the slowest expansion since 2009, excluding the pandemic year of 2020.  Analysts and policymakers are watching closely for … Read more

SUMMARY  Crypto.com co-founder and CEO Kris Marszalek purchased the AI.com domain for approximately $70 million in cryptocurrency, marking what is believed to be the largest publicly disclosed domain sale.  The acquisition sets the stage for the launch of a consumer AI agent platform under the AI.com brand, debuting during a Super Bowl LX commercial on … Read more

SUMMARY  NEW YORK — The Dow Jones Industrial Average crossed the 50,000 point threshold for the first time in history on Friday, signaling strong investor confidence in major US corporations, particularly in technology and semiconductor sectors.  Analysts said steady gains were fueled by enthusiasm for artificial intelligence and cloud computing innovations. Friday’s record setting performance … Read more

KEY POINTS  US stocks fell sharply Thursday as a broad tech rout intensified, leaving investors searching for relief ahead of Amazon earnings while new labor data pointed to fresh weakness in the economy.  The US stocks sell-off erased more than a trillion dollars in market value, extending losses across equities, commodities and digital assets. Markets … Read more