Category Archives: business

Stocks Plunge Amid AI Fears and Political Uncertainty

The S&P 500 and the NASDAQ had their worst day Thursday since April 2025, with tech stocks and companies tied to AI among the biggest losers. Investors say it’s all about the uncertainty over how a Democratically-controlled Congress will work with President Donald Trump. NBC’s Brian Cheung reports for TODAY.

LIV Golf plans to shut down

LIV Golf, the breakaway golf tour backed by Saudi royalty and some of the biggest names in the game, said Thursday it planned to wind down — a stunning conclusion to an effort that had received billions of dollars in backing.