Tech stocks took another big hit Tuesday as investors sold off shares of companies that have powered the artificial intelligence boom.

Technology companies have been spending billions of dollars investing in data centers and infrastructure needed to support the race to advance AI. But sky-high valuations and geopolitical tensions have some ...Read more

Shares in Elon Musk's rocket company SpaceX halted their three-day slide that had erased roughly $600 billion off its market value.

SpaceX shares closed at $156.11 with a nearly 1% gain on Tuesday, a slight recovery from a 16% fall on Monday.

That loss dropped the stock below $160.95, where it ended the day June 12 after a 19% surge during ...Read more

Angry residents already pushed several Minnesota cities to set tighter rules for data centers. Now some county officials are trying to set limits, too.

Wright County recently put a moratorium on the facilities, and on Tuesday, Washington County considered its regulatory options. Dakota County has also discussed whether to step into the ...Read more

Mayor Brandon Johnson’s administration is suing Airbnb and one of its most-active Chicago hosts, alleging they broke and evaded city laws regulating short-term rentals.

The city’s lawsuit, filed Monday, alleges host Slumber Stay LLC failed to register its units with the city and used a non-transferable hotel license across numerous ...Read more

A coalition of advocacy groups for artists, songwriters and managers is warning musicians about the growing risks of artificial intelligence music.

Recently, many major record labels have inked deals with AI music startups such as Suno, Udio and Klay. But the coalition, which includes organizations such as the Music Artists Coalition and the ...Read more

LOS ANGELES — The nation is awash in data center hate, and California is no exception.

Temporary bans have cropped up across the state as residents from Imperial County to San José fight proposals in their communities. Monterey Park became the first city in the country earlier this month to permanently ban data centers by a popular vote. And...Read more

WASHINGTON — For the sixth year in a row, a model from Elon Musk-led electric vehicle giant Tesla Inc. topped the 2026 Cars.com American-Made Index, while an offering from rugged Stellantis NV brand Jeep showed the greatest improvement among Detroit Three nameplates.

Jeep landed two 2026 models in the top five: the Gladiator and the Grand ...Read more

There's an old gambler's aphorism beloved by wise souls from Amarillo Slim to Warren Buffett that warns: "If you look around the poker table and can't identify the mark, it's you."

Investors might be well advised to keep this thought in mind over the coming months. That's because mega-initial public offerings from the widely followed artificial...Read more

The Massachusetts Supreme Judicial Court struck down a ballot proposal that would have imposed the strictest statewide rent control in the US.

The measure sought to limit apartment rent increases to 5% or the annual gain in the Consumer Price Index, whichever is lower. The proposal can’t go before voters in November because it includes an ...Read more

Alan Greenspan, the titan of global central banking who led the Federal Reserve during decades of prosperity, has died at 100, just when elements of his free-market philosophy are experiencing a renaissance.

Greenspan is best remembered by fans — including new Fed Chair Kevin Warsh — for his economic stewardship during a period known as ...Read more

Tired of watching its employers struggle to afford the cost of healthcare, Republican-controlled Indiana is trying a traditionally liberal tactic to control costs: setting government price controls on hospitals.

Under a law enacted last year, five of Indiana’s largest nonprofit hospital systems cannot charge patients covered by job-based ...Read more

MIAMI -- The sleek headquarters that used to be home to Spirit Airlines is for sale, and the first deadline to submit bids is this week.

Who will buy it? Interested people or companies have until 4 p.m. Wednesday, June 24, to submit an initial expression of interest.

Broward County government had talked about making a bid for the building, ...Read more

DETROIT -- Canadian autoworkers union Unifor set a bargaining deadline of July 10 for contract talks with Ford Motor Co. as the labor group seeks stability amid "crisis" for members affected by layoffs, U.S. tariffs and the ongoing review of the nation's trade agreement with the United States and Mexico.

Contracts with Detroit's three ...Read more

PHILADELPHIA -- Amazon has reached a $3 million class-action settlement in Pennsylvania over allegedly unpaid wages during the pandemic.

Employees had said they spent time off the clock before their shifts in COVID-19 screenings and were not paid for that time as state law requires, according to court documents.

Amazon’s legal team has said ...Read more

In 1992, Bruce Springsteen performed a song called “57 Channels (And Nothin’ On)” as a guest on Saturday Night Live. I remember this not just because of the Boss’ mellow lamentation of media oversaturation, but because I was watching on a rural Minnesota television set that only received four channels.

Fifty-seven channels? Must be nice...Read more

Amazon.com Inc.’s Prime Day kicks off this week. So does the annual game of guessing just how many billions of dollars the online giant has taken in the summer bargain bonanza. For the sake of its investors, not to mention economists trying to gauge the health of the U.S. consumer, Amazon should release sales figures after the four-day event ...Read more