Browsed by
Author: dzadmin

Nvidia, bitcoin and other falling stars drag the US stock market lower

Nvidia, bitcoin and other falling stars drag the US stock market lower

By STAN CHOE, AP Business Writer

NEW YORK (AP) — The U.S. stock market sank Monday as Nvidia and other superstars created by the frenzy around artificial-intelligence technology dimmed some more.

Related Articles

The S&P 500 fell 0.9% and pulled further from its all-time high set late last month. The Dow Jones Industrial Average dropped 557 points, or 1.2%, and the Nasdaq composite sank 0.8%.

Nvidia was the heaviest weight on the market, as it’s often been in its last couple of tumultuous weeks. The chip company fell 1.8%, while losses for other AI winners included a 6.4% slide for Super Micro Computer. read more

Novo cuts Wegovy prices, but doctors still see cost challenges for patients

Novo cuts Wegovy prices, but doctors still see cost challenges for patients

By TOM MURPHY, Associated Press Health Writer

Novo Nordisk is chopping prices again for Wegovy, but doctors say the expense will remain challenging for patients without insurance.

Related Articles

The drugmaker said Monday that it has started selling higher doses of the injectable obesity treatment for $349 a month to patients paying the full bill. That’s down from $499, and in line with terms of a drug pricing agreement outlined earlier this month by President Donald Trump’s administration. read more

New analysis shows more US consumers are falling behind on their utility bills

New analysis shows more US consumers are falling behind on their utility bills

By JOSH BOAK, Associated Press

WASHINGTON (AP) — More people are falling behind on paying their bills to keep on the lights and heat their homes, according to a new analysis of consumer data — a warning sign for the U.S. economy and another political headache for President Donald Trump.

Related Articles

Past due balances to utility companies jumped 9.7% annually to $789 between the April-June periods of 2024 and 2025, said The Century Foundation, a liberal think tank, and the advocacy group Protect Borrowers. The increase has overlapped with a 12% jump in monthly energy bills during the same period. read more

Celebrity Xcel tops off trio of new ships to Port Everglades

Celebrity Xcel tops off trio of new ships to Port Everglades

With the arrival of Celebrity Cruises’ new ship, Celebrity Xcel, Port Everglades is loaded up with new hardware for the winter sailing season.

It joined Disney Cruise Line’s new ship, Disney Destiny, and Princess Cruises’ new Star Princess to sail out of the Fort Lauderdale port.

The arrivals mark a major jump for the state’s third busiest cruise port behind PortMiami and Port Canaveral, which saw it already approach 5 million passenger movements in the last fiscal year.

The port in the last few years has revamped parking and added refurbished terminals, including becoming the second Florida home for Disney, and landing its newest ship this year.

The port will also soon open the Omni Fort Lauderdale Hotel, adjacent to the Broward County Convention Center, and has already opened a new roadway that takes people directly from U.S. 1 to the convention center parking area, avoiding the traffic of SE 17th St. or the port security checkpoints.

“Cruising is more popular than ever, and the cruise lines are exceeding guest expectations every time a new ship comes into the marketplace,” said Port Everglades CEO and port director Joseph Morris in a news release. “The new ships that are coming to Port Everglades have more entertainment and dining options, and offer some of the latest technology with greener fuels and impressive connectivity.” read more

Trump’s Republican Party insists there’s no affordability crisis and dismisses election losses

Trump’s Republican Party insists there’s no affordability crisis and dismisses election losses

By STEVE PEOPLES

NEW YORK (AP) — Almost two weeks after Republicans lost badly in elections in Georgia, New Jersey, Pennsylvania and Virginia, many GOP leaders insist there is no problem with the party’s policies, its message or President Donald Trump’s leadership.

Trump says Democrats and the media are misleading voters who are concerned about high costs and the economy. Republican officials aiming to avoid another defeat in next fall’s midterms are encouraging candidates to embrace the president fully and talk more about his accomplishments.

Those are the major takeaways from a series of private conversations, briefings and official talking points involving major Republican decision-makers across Washington, including inside the White House, after their party’s losses Nov. 4. Their assessment highlights the extent to which the fate of the Republican Party is tied to Trump, a term-limited president who insists the economy under his watch has never been stronger.

That’s even as an increasing number of voters report a different reality in their lives. read more