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Briefcase

Sharp drops in Big Tech pull indexes lower Pullbacks in big technology companies sent indexes lower on Wall Street. The S&P 500 fell 1.4% Tuesday. The selling was concentrated in AI-related companies that have had huge run-ups in recent months and sent the market to record after record, ...

AI slump raises concerns for investors’ spending

Technology companies are spending big to incorporate artificial intelligence into their businesses and to build huge data centers. Investors who had jumped on the bandwagon appear to be having second thoughts. Proponents of artificial intelligence see it as the next great revolution for the ...

House approves bipartisan housing bill

WASHINGTON — The House gave final approval Tuesday to a broad bipartisan bill aimed at lowering the cost of housing, with lawmakers in both parties eager to show progress on affordability issues ahead of this year’s midterm elections. The 358-32 vote sends the bill to President Donald ...

Senate passes housing bill aimed to lower prices

WASHINGTON — The Senate passed a bipartisan housing bill on Monday that aims to reduce federal regulations and expand local control, one of the most sweeping efforts in recent decades to increase supply and bring down prices. The bill, which passed 85-5 and now heads to the House, has been ...

Mexico’s president seeks to restart oil shipments to Cuba

MEXICO CITY (AP) — Mexican President Claudia Sheinbaum said Monday that her country seeks to restart oil shipments to Cuba soon, a move that could provide much-needed relief as the island’s crises deepen given a lack of petroleum. Sheinbaum said her administration would seek to send the ...

Ticker: Top auto regulator opens special probe

The top U.S. auto regulator has opened an investigation after a Tesla using an automated driving feature slammed into a Texas home at high speed and killed a 76-year-old woman standing inside. The National Highway Traffic Safety Administration said Monday it was opening a special ...