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Wall Street steadies itself as Alphabet pulls tech stocks higher

Wall Street steadies itself as Alphabet pulls tech stocks higher

By STAN CHOE, AP Business Writer

NEW YORK (AP) — Wall Street is steadying on Wednesday as Alphabet and other technology stocks rise.

The S&P 500 added 0.1% and was on track to break its two-day losing streak since setting its latest all-time high. The Dow Jones Industrial Average was down 293 points, or 0.7%, as of 1:47 p.m. Eastern time, and the Nasdaq composite was 0.7% higher.

Google’s parent company was one of the strongest forces lifting the market and climbed 8.8% after avoiding some of the worst-case scenarios in its antitrust case. A federal judge on Tuesday ordered a shake-up of Google’s search engine but did not force a sale of its Chrome browser.

Because Alphabet is one of Wall Street’s most valuable companies, its stock movements carry more weight on the S&P 500 and other indexes than the typical company’s.

Also helping to steady Wall Street was a calming bond market. A day earlier, rising yields for government bonds around the world raised the pressure on the stock market. Yields climbed on worries about governments’ abilities to repay their growing mountains of debt, as well as concerns that President Donald Trump’s pressure on the Federal Reserve to cut short-term interest rates could lead to higher inflation in the long term. read more

US job openings slip in July, adding to evidence that the American labor market is cooling

US job openings slip in July, adding to evidence that the American labor market is cooling

By PAUL WISEMAN, AP Economics Writer

WASHINGTON (AP) — U.S. employers posted 7.2 million job vacancies in July as the American labor market continues to cool.

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The Labor Department reported Wednesday that job openings fell from 7.4 million in June and came in modestly below what economists had forecast. Healthcare and social assistance companies cut openings by 181,000 and retailers by 110,000.

The Job Openings and Labor Turnover Survey (JOLTS) showed that layoffs rose slightly. The number of Americans quitting their jobs — a sign of confidence in their ability to find better pay, opportunities or working conditions elsewhere — was unchanged from June at 3.2 million. read more

How to regret-proof your home purchase

How to regret-proof your home purchase

By Daniel Lathrop, NerdWallet

Buying a home is a dream for many Americans, and one plenty of them have successfully realized.

But what happens if that dream becomes a nightmare? For some homeowners, it may be: 22% of homeowners regret buying their current home, according to a June 2025 NerdWallet survey, conducted online by The Harris Poll. And 8% of homeowners say they strongly regret the purchase.

Want to avoid this? If you’re in the market to buy a home, here are some ways to regret-proof your purchase.

Be choosy when it comes to location

Where you buy can dramatically impact both the cost of your home and your satisfaction living there.

Factors that can make a difference over time include busy streets, ambient noise, poorly maintained infrastructure, empty lots and whether nearby properties are well maintained. While no particular problem is a deal breaker for every buyer, think about what that “little annoyance” will mean to you when you have to contend with it every single day.

If possible, stop by the property several times before putting in an offer. Varying the times of day and days of the week you visit can show you new things, and it may give you an opportunity to meet some neighbors. read more

Space Command moving from Colorado to Alabama, Trump says

Space Command moving from Colorado to Alabama, Trump says

WASHINGTON  — President Donald Trump announced Tuesday that U.S. Space Command will be located in Alabama, reversing a Biden-era decision to keep it at its temporary headquarters in Colorado.

Space Command’s functions include conducting operations like enabling satellite-based navigation and troop communication and providing warning of missile launches.

Alabama and Colorado have long battled to claim Space Command because it has significant implications for the local economy. The site also has been a political prize, with elected officials from both Alabama and Colorado asserting their state is the better location.

Huntsville, Alabama, nicknamed Rocket City, has long been home to the Army’s Redstone Arsenal and NASA’s Marshall Space Flight Center. The Army’s Space and Missile Defense Command is also located in Huntsville, which drew its nickname because of its role in building the first rockets for the U.S. space program.

Tuesday’s announcement caps a four-year back-and-forth on the location of Space Command. read more

Nonprofits face a tough funding landscape. They hope better storytelling will bring more donations

Nonprofits face a tough funding landscape. They hope better storytelling will bring more donations

By GLENN GAMBOA, AP Business Writer

MIAMI (AP) — Cindy Eggleton has always believed in the power of a story.

But the CEO and co-founder of Brilliant Cities, a Detroit-based early childhood development nonprofit that supports learning in underserved communities, never expected someone to tell hers. And definitely not in a sleek documentary with a slick soundtrack and plenty of images of other Detroit institutions, such as General Motors, Diana Ross, and the historic Fox Theatre.

“It’s never been about me,” said Eggleton, adding that participating in the “Nevertheless: The Women Changing the World” documentary series on YouTube was her way of honoring her late mother, Geraldine, who inspired her to speak out and help others in their community.

However, as they face an increasingly uncertain funding landscape, nonprofits are focusing more on storytelling in outreach to donors – both big and small – and raising production values for videos and podcasts.

“Storytelling is how we’re able to draw people in and get them to connect to a deeper truth about themselves or about the world or a problem that needs to be solved,” said Elevate Prize Foundation CEO Carolina Garcia Jayaram. “It’s connecting those issues back to you as a human and not saying, ‘Well, that’s their problem. That’s all the way over there.’ The story allows it to be human.” read more