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AI stocks rebound, lifting US markets
A rebound for AI stocks lifted the U.S. market.
The S&P 500 rose 1.3% Wednesday and got close to recovering all of its brutal sell-off from last week triggered by worries about a potential slowdown for AI businesses. The Nasdaq composite rallied a market-leading 1.6% because of the strength for tech stocks, while the Dow Jones Industrial Average added 0.5%. CoreWeave drove the gains after reporting stronger results for the summer than analysts expected, and the S&P 500 pulled within 2.6% of its record set last month.
Housing protests sweep Spain after workers strike
Millions of Spanish workers have shut down businesses and disrupted transportation in a protest over housing costs.
The strike on Wednesday was the first general strike in Spain in 14 years. The strike culminated in huge marches of tens of thousands of workers and average citizens marching in downtown Barcelona and Madrid, along with gatherings in other cities. Unions reported significant work stoppages across key sectors. The protest highlights Spain's housing crisis with activists demanding government action.
Brazil fines Facebook $1.3M for noncompliance
Brazil's top electoral court fines Meta's Facebook $1.3 million for not fully
complying with judicial orders during the recent presidential election runoff campaign.
The court ruled Tuesday that Facebook failed to meet demands related to allegations of political bias against President Lula da Silva's team. The fine relates to delays and incomplete compliance with court orders.
Turkey pushes no-waste plan to reduce emissions
As world leaders arrive at United Nations climate talks in the Turkish resort town of Antalya, calling for urgent climate action, co-host
Turkey also wants to halve the amount of global waste in the next decade.
While the transition away from fossil fuels and the push for electrification through renewables is the cornerstone of this year's conference, known as COP31, experts say reusing materials and more efficient manufacturing can also play a big role in cutting planet-heating emissions. Analysts say that reusing materials instead of investing in more mining in the creation of new technology, like solar panels and batteries, could be a major cost saver for nations.
Trump administration wants to sell public lands
President Donald Trump's administration wants to sell public lands to states, tribes and local governments as part of an effort to "decrease the size of the federal estate."
The Interior Department's five-year strategic plan also calls for land transfers and exchanges to support greater energy production, a centerpiece of the administration's pro-fossil fuel policies. It reflects the Trump administration's view of most public lands as assets to be used, rather than to be set aside for preservation.
Nigerian court orders journalist kept in custody
A decision by a court in Nigeria to keep investigative journalist Daniel Ojukwu in custody has sparked renewed concerns about media freedom.
Ojukwu is with the Foundation for Investigative Journalism. He faces a 12-count charge for allegedly violating the country's cybercrime act. The court's decision came on Tuesday. Critics argue the law is used to censor journalists who often face political persecution. Nigeria ranks 112th out of 180 countries in the 2026 World Press Freedom Index. At least 29 journalists have faced prosecution under the cybercrimes law since 2015. Amnesty International condemned the arrest and said Wednesday that it undermines freedom of expression.