Tourist hot spot faces housing revolt as locals demand cuts to vacation lodging
Mallorca, Spain, welcomed 13.5 million visitors in 2025, and now a business leader says the popular island must curb tourism and cut vacation rental capacity.
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Markets tank after post-Election Day surge
Stocks nosedived on Thursday, one day after rallying on the heels of Democrats’ resounding midterm victories. The Dow Jones Industrial Average tumbled by more than 2,100 points from the opening bell and closed down by 1,833 points relative to the end of trading on Wednesday. The Nasdaq Composite and S&P 500 were respectively down by…
Stock market today: Dow plunges 1,800 points, Nasdaq enters correction in AI trade meltdown
US stocks plunged as investors dumped AI stocks and the Nasdaq entered a correction.
Julia Child bought a Cambridge home in the 1960s and donated it to a college in 2001; the house where she once filmed cooking shows has now sold for $6.525 million, while her old kitchen sits in a museum
Julia Child’s former home in Cambridge, Massachusetts, has found a new owner, selling for $6.525 million just weeks after hitting the market.
Holiday hiring and AI in focus with October jobs report on deck
A lukewarm job market may have picked up some steam last month, although slowing wage growth and the impact of AI remain big concerns.
Retail traders dump $265 million in stocks in biggest selling day since 2020
Retail investors are dumping US stocks at a pace not seen since the onset of the COVID-19 pandemic, breaking with their typical market-down-day habit of "buy...
And I say, hey-ey-ey, hey-ey-ey, I said, hey, what’s going on?
Today I was on the phone with someone who suggested maybe the AI bubble was bursting and that was what was going on with AI stocks. Well, maybe! I don’t know! I’ve seen a lot of attempts to explain why the market was up yesterday and is down today and this is the best one of the bunch. [Link: So, about that Anthropic IPO . . . | https://www.ft.com/content/2fbd60ee-060a-4957-b9c5-3b5a0ce88e1a?syn-25a6b1a6=1 | FT Alphaville]