What Just Happened on Wall Street?

What Just Happened on Wall Street?

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When A.I. Comes for Your Purpose in Life

Artificial intelligence has gone from struggling with basic arithmetic to helping solve some of mathematics’ most famous open problems — and the field is reckoning with what that means.Steven Strogatz, a professor of mathematics at Cornell University, describes the excitement and ...  Afficher plus

The Israeli Film Directors Pushing for a Reckoning in Their Home Country

The documentary film “NAZA,” which investigates the methods the Israeli military has used in the war in Gaza since the Hamas-led attacks on Oct. 7, 2023, received a record-breaking standing ovation at the Venice Film Festival last month. Just a few days later, Prime Minister Benj ...  Afficher plus

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Why Markets Crashed on Monday
The Latest

Within minutes of the U.S. stock market opening on Monday, the S&P 500 sunk so swiftly that it triggered a 15-minute pause in trading, a rare event meant to prevent stocks from crashing. We look at why this happened and what it means for the U.S. economy.“The Latest,” from the te ...  Afficher plus

CBS Evening News with Norah O'Donnell, 08/05/24
CBS Evening News

The stock market began the week with a massive sell-off. Friday's downbeat jobs report and growing fears of recession sent all three main indexes tumbling with both the S&P 500 and the NASDAQ falling at least 3%. 

A Trump Slump? How to Navigate Choppy Markets
Big Take

It has been a wild few weeks in markets. By last week, the S&P 500 had wiped out all its gains since Election Day – $3.4 trillion in value. When Trump was asked about the possibility of a recession over the weekend, he said the US was in a “period of transition.” Then on Monday, ...  Afficher plus

Instant Reaction: Will the Fed Cut Quicker After This Selloff?
Bloomberg Businessweek

Global stock markets tumbled as concerns about a US economic slowdown intensified. Traders ramped up bets that the Federal Reserve will step in with an emergency interest rate cut. For instant reaction to this selloff, and how Fed officials will respond, Bloomberg's Nathan Hager ...  Afficher plus