The Weekly Observer — US & World News

Wall Street's AI Dream Craters: Dow Plunges 1,833 Points, Nasdaq Falls Into Correction in Worst Rout Since Covid

A $3 trillion wipeout. Nvidia down 9%. The Nasdaq's worst day in 19 months. Wall Street's post-midterm hangover turned into a full-blown panic Thursday as fears of a Democratic crackdown on AI data centers crushed every major index.

BY OBSERVER NEWSDESK

POLITICS · WASHINGTON

Pete Hegseth Faces Fresh Impeachment Push as Democrats and Vance Himself Blame Iran War for GOP's Midterm Bloodbath

10:29 ET

US · FLORIDA

Meghan Markle's Estranged Father Arrested in Florida Over Child Sex Abuse Material Allegations

10:12 ET

US News

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US · CYBERSECURITY

Pentagon Probes Suspected Iranian Hack Behind Spoiled Food at Military Commissaries Nationwide

06:28 ET

US · SACRAMENTO

Newsom Moves to Commute All 548 of California's Death Sentences in Nation's Largest Act of Clemency

YESTERDAY

WASHINGTON, D.C.

Trump's Most Combative Civil Rights Chief Is Out: Harmeet Dhillon Resigns From DOJ

YESTERDAY

World

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WORLD · ASUNCIÓN10:21 ET

Paraguay's President Resigns, Then Impeached Within Minutes, as Bank Collapse Locks Out 3 Million Customers

Santiago Peña stepped down Thursday amid a spiraling banking crisis tied to his own business ties — and lawmakers voted to impeach him before he was even out the door.

RUSSIA-UKRAINE WAR

Russia and Ukraine Trade Overnight Drone Barrages on Energy Grids as Trump's Ceasefire Push Stalls

06:20 ET

SPACE

Astronauts Cap Five-Year Marathon, Install Final Solar Array at the Space Station

YESTERDAY

MIDDLE EAST

Iran's Revolutionary Guard Claims Fresh Wave of Tanker Attacks as Hormuz Chaos Spills Into a Second Day

YESTERDAY

The WeeklyObserver

Wall Street's AI Dream Craters: Dow Plunges 1,833 Points, Nasdaq Falls Into Correction in Worst Rout Since Covid

Pete Hegseth Faces Fresh Impeachment Push as Democrats and Vance Himself Blame Iran War for GOP's Midterm Bloodbath

Meghan Markle's Estranged Father Arrested in Florida Over Child Sex Abuse Material Allegations

US News

Pentagon Probes Suspected Iranian Hack Behind Spoiled Food at Military Commissaries Nationwide

Newsom Moves to Commute All 548 of California's Death Sentences in Nation's Largest Act of Clemency

Trump's Most Combative Civil Rights Chief Is Out: Harmeet Dhillon Resigns From DOJ

World

Paraguay's President Resigns, Then Impeached Within Minutes, as Bank Collapse Locks Out 3 Million Customers

Russia and Ukraine Trade Overnight Drone Barrages on Energy Grids as Trump's Ceasefire Push Stalls

Astronauts Cap Five-Year Marathon, Install Final Solar Array at the Space Station

Iran's Revolutionary Guard Claims Fresh Wave of Tanker Attacks as Hormuz Chaos Spills Into a Second Day

Celebrity & Entertainment

Jax Taylor Wants Brittany Cartwright to Pay Him — Demands $17,401 a Month in Spousal Support

Dolly Parton's Estate Suddenly Drops Lawsuit Against Nephew Bryan Seaver Before Hearing

Chris Brown Avoids Prison, Handed Suspended Sentence Over London Nightclub Bottle Attack

My Chemical Romance's 'The Black Parade' Finally Hits No. 1 — 20 Years and a 139-Spot Jump Later

Mississippi Senate Race Still Too Close to Call as Colom's Lead Swells to 1,882 Votes, Flips Another County

Gluesenkamp Perez Holds Off Trump-Backed Braun in One of the Country's Tightest House Races

Democrat Aaron Ford Flips Nevada's Governorship, Becomes State's First Black Governor

US Economy Blows Past Expectations With 165,000 New Jobs in October, Unemployment Falls to 4.1%

Tesla to Wind Down Cybertruck Production in 2027 as Musk Clears the Deck for Robotaxis

Bitcoin Craters Below $76,000 as AI Stock Panic Sends Wall Street's Fear Gauge Surging

Wendy's Rejects Nelson Peltz's $1.4 Billion Takeover Bid, Adopts a 'Poison Pill'

Sports

Jaguars Rout Reeling Ravens 33-10 on Thursday Night to Push Baltimore to the Brink

Steph Curry Buries Six Threes, Devin Booker Drops 30 as Warriors and Suns Both Roll on Light NBA Night

LIV Golf Is Shutting Down for Good, Lawyers Confirm, Ending a $5 Billion Saudi-Backed Experiment