Wall Street ended lower on Wednesday, pulled down by Alphabet and Amazon, as Treasury yields climbed and Iran’s president said Tehran would never surrender ​to US pressure. Oil prices rose almost 4% and the S&P 500 energy sector index (.SPNY), rallied after Iranian President Masoud ‌Pezeshkian’s speech at the UN, a day after US President Donald Trump warned he could “annihilate” Iran. A survey showed US business activity raced to a more than five-year high in September, pushi

Then-Chairman Sherrod Brown (D-Ohio) listens to testimony during a Senate Banking, Housing, and Urban Affairs hearing, to examine why financial system safeguards are needed for digital assets and cryptocurrency, on Capitol Hill in Washington on Tuesday, Feb. 14, 2023. (Pete Marovich/The New York Times) By THEODORE SCHLEIFER The cryptocurrency industry, furious at Democrats for blocking the passage of a major business-friendly bill last week, is beginning to wage war on the pa

The Nasdaq notched a record high close on Tuesday, lifted by Micron Technology and other AI-related stocks, while ​the S&P 500 hovered just below a record high as oil prices traded around $100 per barrel. Chip stocks added to ‌recent gains while consumer-related software shares lost ground. Investors focused on the strong reception of Meta Platforms’ AI assistant, which launched this month and can send emails and complete transactions on behalf of a user. The success of the A

Two broadcast booths for CNN outside the White House in Washington, on Monday, Sept. 21, 2026. Major television networks on Monday agreed to suspend their pooled coverage of President Donald Trump after the White House refused to allow CNN to serve as a pool representative on Monday. (Kenny Holston/The New York Times) By MICHAEL M. GRYNBAUM and ALI WATKINS The major television networks Monday suspended their pooled coverage of President Donald Trump, breaking a practice that

The Nasdaq surged to a record-high ​close on Monday, lifted by gains in Advanced Micro Devices and other AI heavyweights, while Treasury yields retreated from recent highs and ‌crude prices tumbled to an 11-day low on speculation about a potential breakthrough in Middle East talks at a UN meeting this week. Chip stocks rallied, with Intel (INTC.O), surging 12.2% and Arm Holdings up 17%. The PHLX semiconductor index (.SOX), jumped 4.3%. Advanced Micro Devices (AMD.O), rose abo

US stock investors will focus this week on the trajectory of interest rates, tensions in the Middle East and fresh calls to slow AI advancement as they weigh whether equity indexes can make ​new all-time highs. Markets will continue to digest Wednesday’s decision by the Federal Reserve to hike interest rates for the first time in three years, in an effort to ‌tamp down above-target inflation. While the rate increase was widely expected, investors were left uncertain about how

President Donald Trump speaks with reporters while in flight on Air Force One from Shannon, Ireland, to Joint Base Andrews, Md., on Sunday, Sept. 13, 2026. Earlier in September, Trump threatened to halt a broad swath of trade if interest rates were not cut, once again putting pressure on the independent Federal Reserve. (Alex Kent/The New York Times) By TONY ROMM President Donald Trump lashed out at the Federal Reserve earlier this week over its decision to raise interest rat

Most Latin American currencies traded lower on ​Thursday against the U.S. dollar near multi-week highs, while stocks were mostly higher, with domestic political ‌developments remaining in the spotlight in Brazil. MSCI’s index tracking regional stocks (.MILA00000PUS), edged higher by 0.2%. The Misinformation Monitor newsletter rounds up international misinformation narratives, with a “Real or Fake?” quiz in every edition. Sign up here. With Brazil’s presidential elections fast

The Federal Reserve raised interest rates on Wednesday and flagged further increases in borrowing costs in coming months, with new US central bank chief Kevin Warsh joining a unanimous decision that effectively acknowledges the Trump administration’s inability so far to control inflation. Speaking in Washington after the decision’s release, Warsh echoed the official statement in promising the Fed’s policy committee would “deliver ⁠price stability.” Stocks and ⁠bonds sold off

By NIRAJ CHOKSHI Amazon said it would temporarily stop transporting packages on 21 Air, the cargo airline that suffered a plane crash at the airport serving Miami last week, killing five people. “Safety has always been our top priority, whether in our own operations or when we’re working with partners,” Kelly Nantel, an Amazon spokesperson, said in a statement. “We’ve spent time supporting the investigation and reviewing some of the surrounding circumstances, and we’ve decide