The fears had shadowed Wall Street off and on for months. Then, all at once, everyone rushed for the exits.

The stock-market rout on Thursday, which began soon after the opening bell on the New York Stock Exchange, worsened as the day wore on, pulling down everything from high-flying chipmakers like Nvidia Corp. to defensive fallbacks like ...Read more

The new interest rate on Series I Savings Bonds has jumped to 5.51% annual interest rate for the next six months — a combination of a fixed base rate of 1.40%, and a current inflation adjustment of 4.08%. That headline number will be paid on all new purchases, and the inflation adjustment will be added to whatever fixed base rate exists on ...Read more

The historic landslide victory for Democrats in the midterm elections deeply bruised the Republican Party and President Trump, but there’s one man who may have been hurt equally as bad: Elon Musk, the world’s richest person and the party’s biggest donor.

The near trillionaire reportedly spent close to $450 million backing GOP candidates ...Read more

Progress on the multi-decades problem of what to do with nuclear waste from commercial power plants in the U.S. occurs at a glacial pace, but Rep. Mike Levin, D-California, said he’s encouraged by a couple of recent developments that may finally lead to the canisters at the San Onofre Nuclear Generating Station moving to another location.

“...Read more

Qualcomm inked a deal with SpaceX on Wednesday to provide telecommunication technology for its up-and-coming Starlink Mobile service.

The multiyear agreement, whose terms were not disclosed, came hours before the San Diego company’s fourth-quarter earnings report.

Under the deal, Qualcomm’s Dragonwing cellular infrastructure technology ...Read more

A new North America leader for the maker of Chrysler, Jeep, Dodge and Ram has been named as the struggling company attempts a turnaround.

Stellantis NV CEO Antonio Filosa elevated Pablo Di Si to chief operating officer of North America and American brands on Wednesday, Nov. 4, less than four months after Filosa first hired him.

"We’ve made ...Read more

General Motors Co. is recalling more than 67,000 electric vehicles over a software glitch that can cause loss of braking at low speeds.

At issue is software that helps prevent slipping by tracking wheel movement. The software does not always correctly interpret wheel movement, which in some cases has caused the brakes to malfunction, according ...Read more

The sports-betting industry continues to explode in Nevada and on Wednesday, the Nevada Gaming Control Board recommended licenses for five sportsbooks under new partnerships or management.

Regulators are so familiar with the operators of the planned new facilities that they waived appearances of the operators without asking a single question.

...Read more

U.S. employers announced the fewest number of job cuts for any October since 2023, while hiring plans picked up as companies began gearing up for the holiday-shopping season.

Companies last month announced 43,994 job cuts, according to data from outplacement firm Challenger, Gray & Christmas Inc. That was down 71% from a year earlier, when ...Read more

Q: Our house has been on the market for almost three months, and we have had showings but no offers. Our agent is telling us to lower the price, but a friend said we should take it off the market and relist it as new so it looks fresh. We are also tempted to just wait for interest rates to come down. Which is the right move? — Diane

A: The ...Read more

OAKLAND, California — Police here are investigating an $11.4 million theft of Nvidia cargo that appears to have been the work of sophisticated thieves, authorities said.

The cargo included six pallets from the Nvidia Corporation, which manufactures computer chips and other hardware, scheduled to be shipped to Fort Worth, Texas. Authorities ...Read more

U.S. stocks surged Wednesday as Democrats’ sweeping victory in midterm elections fueled optimism the Iran War could end soon, sending oil prices lower. Tech megacaps also jumped as investors bet a Democratic-controlled Congress will force companies to carry out AI spending cuts that they’ve been calling for.

“The election is over and ...Read more

A San Diego-based franchisee of Outback Steakhouse filed for bankruptcy on Monday, citing expensive food and labor costs and declining customer traffic.

Cerca Trova Restaurant Group, which operates 61 Outback Steakhouse locations mostly in California, said it has been struggling since the COVID-19 pandemic. The company filed for Chapter 11 ...Read more

3M has agreed to make payments worth $7.35 billion across nine years to settle more than 100,000 personal injury claims over the use of its PFAS-based fire-fighting foam.

It’s the second major 3M settlement in lawsuits involving firefighting foams known as aqueous film-forming foam. The foam contains perfluoroalkyl and polyfluoroalkyl ...Read more

Ford Motor Co.'s U.S. sales were down 0.8% year-over-year in October, driven by the end of production of the Ford Escape and Lincoln Corsair, but for its remaining lineup, combined deliveries were up 6.9%, the automaker said on Wednesday, Nov. 4.

Dealer services provider Cox Automotive Inc. had forecasted overall U.S. sales would increase 7.2% ...Read more

SNOHOMISH COUNTY, Washington — Vi Tran and most others in her neighborhood agree that nobody should be shooting off fireworks after the Fourth of July. But one household doesn’t see it that way.

Hearing bangs and whistles in August, Tran called the county’s nonemergency line for the fifth time in a month.

Not a single ring was heard, ...Read more

United Wholesale Mortgage reported net income of $212.6 million in the third quarter of 2026, compared with net income of $12.1 million in the same quarter last year, the Pontiac, Michigan-based company reported Wednesday, Nov. 4.

The results are a turnaround from the second quarter, when UWM reported a net loss of $451.9 million.

The company ...Read more

In local elections across the country, Americans voted overwhelmingly to restrict the buildout of data centers in their communities.

Late Tuesday evening, 33 ballot measures to restrict data centers were passed by voters or were leading in ongoing vote counts, according to the tracking website Data Centers on the Ballot. Roughly a dozen similar...Read more

Northfield, Illinois-based medical supply company Medline is laying off 304 workers, according to a notice filed with the state — a reduction that comes almost a year after it became a publicly traded company.

The workers are mainly corporate employees, though some facility jobs also are affected, a Medline spokesperson said in a statement ...Read more