Articles written by alex veiga
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Chapelle special spurs Netflix walkout; 'Trans lives matter'
LOS ANGELES (AP) — Netflix employees who walked out Wednesday in protest of Dave Chappelle's special and its anti-transgender comments were joined by allies who chanted "Trans lives matter," getting pushback from counterprotesters who also showed u...
Elon Musk says Tesla will move HQ from California to Texas
Tesla will it will relocate its headquarters from Palo Alto, California, to Austin, Texas, though the electric car maker will keep expanding its manufacturing capacity in the Golden State, CEO Elon Musk said Thursday. Musk, who last year said he was...
Stocks rise broadly on Wall Street ahead of Fed statement
Stocks rose broadly on Wall Street Wednesday ahead of an update from the Federal Reserve on how and when it might begin easing its extraordinary support measures for the economy. The S&P 500 rose 1% as of 1:17 p.m. Eastern. The Dow Jones Industrial...
Shortages of supplies and workers will delay Gulf rebuilding
Joe Sobol, owner of Big Easy Construction in New Orleans, has bad news for homeowners who've been calling about roofs damaged by Hurricane Ida or to get an update on renovations that were scheduled before the storm ripped through the area. The job...
Stocks move higher on Wall Street after 3 days of losses
Stocks were moderately higher in afternoon trading Thursday, putting the market on pace to break a three-day losing streak. Investors were encouraged by the latest jobs data that showed fewer Americans filing for unemployment benefits, another sign...
Coinbase soars in market debut, valued near $86 billion
Coinbase made a rousing debut on Wall Street Wednesday, with shares of the digital currency exchange rising as high as $429, briefly giving it a market value over $100 billion. Coinbase Global Inc.'s initial public offering happened with...
Ready to buy a home? The trick is finding or affording one
LOS ANGELES (AP) — Nathan Long and Lili Chin have struck out so far in their four-month search to find an affordable home in the Los Angeles area — a cold streak that threatens to mess up their anniversary plans. The housing market has been a pil...
Stocks mostly climb, except tech, as inflation worries ease
A benign reading on inflation helped spur stocks on Wall Street broadly higher, sending the Dow Jones Industrial Average to an all-time high. The S&P 500 rose 0.6%, led by gains in energy and financial stocks. Technology companies fell, giving back...
S&P 500 climbs again, closing out best week since November
Wall Street closed out a winning week Friday as the S&P 500 notched its fifth gain in a row and its biggest weekly increase since November. The benchmark index rose 0.4% and ended the week 4.6% higher, more than making up for its decline in January....
Stocks fall as trading starts for year of great expectations
U.S. stocks pulled back from their recent record highs Monday, as big swings return to Wall Street at the onset of a year where the dominant expectation is for a powerful economic rebound to sweep the world. The S&P 500, which ended 2020 at an...
U.S. stocks end mostly lower after an early rally evaporates
Stocks closed mostly lower on Wall Street Monday after an early rally faded, extending the market's recent pullback from record highs. The S&P 500 fell 0.4% after having been up 0.9% in the early going. The reversal handed the benchmark index its...
Wall Street rallies ahead of a potentially turbulent week
Stocks notched broad gains on Wall Street Monday as investors looked ahead to Election Day and the potential for a turbulent stretch for markets. The S&P 500 climbed 1.2%, recouping some of its losses from a sharp sell-off last week, as more...
Stocks have their worst day in a month as virus cases surge
U.S. stocks fell sharply Monday as a troubling increase in coronavirus counts put investors in a selling mood. The skid came as doubts mount on Wall Street that Washington will come through with more stimulus for the economy before Election Day. The...
Stocks fall on Wall Street as hopes for new virus aid fade
Stocks gave up some of their recent gains Monday as hopes faded on Wall Street that Washington will come through with badly needed aid for the economy before Election Day. The S&P 500 dropped 1.6%, its worst day in more than three weeks. The...
Wall Street claws back some of its losses from September
Stocks notched solid gains Monday as Wall Street clawed back some of its sharp and sudden September losses. The S&P 500 rose 1.6%, it's third straight gain. The benchmark index was coming off its first four-week losing streak in more than a year and...
Wall Street posts solid gains after surge in corporate deals
Wall Street kicked off the week with a broad rally Monday, clawing back much of the stock market's losses from last week. The S&P 500 rose 1.3%, led by gains in technology, health care and financial stocks. Small company stocks were among the...
Tech's sudden sell-off continues; Nasdaq sinks 10% in 3 days
NEW YORK (AP) — Big technology stocks tumbled again on Tuesday, continuing the Icarus-like flight path for companies that just a week ago were the high-flyers carrying Wall Street to record heights. The S&P 500 fell 95.12, or 2.8%, to 3,331.84 and c...
S&P 500 ticks up as record-busting, wishy-washy week closes
NEW YORK (AP) — More gains for tech stocks are helping prop up an otherwise wobbly Wall Street on Friday, as a record-breaking but wishy-washy week of trading comes to a close. The S&P 500 was up 0.3% in afternoon trading, even though most stocks i...
How can Wall Street be so healthy when Main Street isn't?
NEW YORK (AP) — The stock market is not the economy. Rarely has that adage been as clear as it is now. An amazing, months long rally has put the S&P 500 back to where it was before the coronavirus slammed the U.S, even though millions of workers a...
How can Wall Street be so healthy when Main Street isn't?
NEW YORK (AP) — The stock market is not the economy. Rarely has that adage been as clear as it is now. An amazing, monthslong rally means the S&P 500 is roughly back to where it was before the coronavirus slammed the U.S, even though millions of w...
Stocks rise on Wall Street; S&P 500 within 1% of record
U.S. stock indexes closed mostly higher Monday, nudging the S&P 500 within striking distance of its all-time high set in February. The S&P 500 rose 0.3% after wavering between small gains and losses in the early going. The benchmark index is now...
Wall Street keeps rallying; S&P 500 back within 2% of record
NEW YORK (AP) — Wall Street's big rally keeps rolling, and the S&P 500 rose for a fourth straight day Wednesday to sit just 1.7% below its record. The S&P 500 climbed 21.26 points, or 0.6%, to 3,327.77, echoing gains for stocks across Europe and A... Full story
Wall Street returns to rallying; gold jumps to record high
NEW YORK (AP) — Wall Street's rally got back on track Monday, while gold rushed to a record at the start of a week packed with potentially market-moving events. The S&P 500 rose 0.7% to more than recover all its losses from last week, as Apple and ot...
Stocks rise on jobs data, S&P 500 ends week with solid gain
NEW YORK (AP) — Stocks closed broadly higher on Wall Street Thursday as investors welcomed a report showing the U.S. job market continues to climb out of the crater created by the coronavirus pandemic. The S&P 500 rose 0.5%, its fourth-straight g...
Stocks close out best quarter since 1998 with more gains
Wall Street capped its best quarter since 1998 Tuesday with more gains, a fitting end to a stunning three months for investors as the market screamed back toward its record heights after a torrid plunge. The S&P 500 climbed 1.5%, bringing its gain...
