×

Business

Wall Street stumbles at the close of another strong month

NEW YORK (AP) — U.S. stock indexes fell Friday, with much of the downward weight coming from a stumble for high-flying Amazon. The S&P 500 lost 23.89, or 0.5%, to 4,395.26. But it nevertheless wrapped up its sixth straight month of gains, its longest such streak since 2018, and it’s ...

European economy grows 2%, ending double-dip recession

FRANKFURT, Germany (AP) — Europe emerged from a double-dip recession in the second quarter with stronger-than-expected growth of 2.0% over the quarter before, according to official figures released Friday, as pandemic restrictions eased, consumers started spending built-up savings and major ...

Robotic police dogs: Useful or dehumanizing machines?

HONOLULU (AP) — If you’re homeless and looking for temporary shelter in Hawaii’s capital, expect a visit from a robotic police dog that will scan your eye to make sure you don’t have a fever. That’s just one of the ways public safety agencies are starting to use Spot, the best-known ...

Wall Street pushes broadly higher after two days of losses

Stocks on Wall Street bounced back from a two-day slide Thursday, placing the S&P 500 on pace for its second straight weekly gain. The S&P 500 index rose 0.4%, powered by broad gains. About 77% of the stocks in the benchmark index closed higher. Technology stocks and banks made some ...

In Robinhood’s stock debut, a tumble and then sharp swings

NEW YORK (AP) — Wall Street gave Robinhood a cool reception Thursday in the online broker’s debut in the stock market that it helped reshape by bringing millions of new investors. Shares of Robinhood Markets Inc. slumped 8.4% in their first day of trading on the Nasdaq from their initial ...

Economy surpasses pre-pandemic size with 6.5% growth in Q2

WASHINGTON (AP) — Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual rate last quarter in another sign that the nation has achieved a sustained recovery from the pandemic recession. The total size of the economy has now surpassed its pre-pandemic ...