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Real News, Real Time

Mnuchin signals stimulus deal is near, driving Dow up nearly 400 points at open
Posted inEconomy

Mnuchin signals stimulus deal is near, driving Dow up nearly 400 points at open

USNN World Newsby USNN World NewsSeptember 30, 2020December 28, 2024
House GOP China task force to release report on combating Chinese Communist Party: 'US must act decisively'
Posted inCongress

House GOP China task force to release report on combating Chinese Communist Party: ‘US must act decisively’

USNN World Newsby USNN World NewsSeptember 30, 2020August 4, 2024
Trump clearly defeats Biden in first presidential debate
Posted inOpinion

Trump clearly defeats Biden in first presidential debate

USNN World Newsby USNN World NewsSeptember 30, 2020September 30, 2020
A divided government would cause the S&P 500 to rise 11% over the near term
Posted inEconomy

The best election outcome for stocks: Goldman Sachs

USNN World Newsby USNN World NewsSeptember 30, 2020June 20, 2024
Stocks popped at the open, reversing morning losses after Treasury Secretary Steven Mnuchin signaled a stimulus deal could be announced today after much negotiating with House Speaker Nancy Pelosi. Ticker Security Last Change Change % I:DJI DOW JONES AVERAGES 27878.31 +425.65 +1.55% SP500 S&P 500 3377.62 +42.15 +1.26% I:COMP NASDAQ COMPOSITE INDEX 11231.592497 +146.34 +1.32% All three of the major averages rallied with the Dow Jones Industrial Average locking in a gain of nearly 400 points or 1.3%, while the S&P 500 and Nasdaq Composite rose over 1% each. Also driving the move a major jump in pending home sales which rose a record 8.8% in August. The combination, along with a better-than-expected ADP jobs report, helped temper investor concerns after the nasty presidential debate between President Donald Trump and Democratic nominee Joe Biden. Biden and Trump clashed on everything from the coronavirus pandemic to the economy to racial injustice. President Trump and presidential candidate Joe Biden discuss allegations over tax records and spar over economic plans. Video GDP Drops, Jobs Rebounding The ADP Employment Change showed 749,000 jobs were added in September, stronger than expected, as the economy continues to recover from the ongoing coronavirus pandemic. This helped offset GDP for the second quarter which dropped 31.4%, in-line with an expected decline of 31.7% tied to COVID-19. ENERGY, FINANCIALS PULL STOCKS DOWN AHEAD OF BIDEN-TRUMP DEBATE Ticker Security Last Change Change % DIS WALT DISNEY COMPANY 124.31 -1.05 -0.84% On the corporate front, The Walt Disney Company announced it would be laying off 28,000 employees, as its parks business in the U.S. has struggled, despite reopening in California and Florida. DISNEYS HAWAII RESORT TO START PHASED REOPENING IN NOVEMBER Disney's Chairman of Parks, Experiences and Products, Josh D'Amaro, announced the layoffs of "castmembers" Tuesday evening, citing "limited capacity due to physical distancing requirements" and the uncertainty of the duration of the pandemic. As such, D'Amaro said the company has made "the very difficult decision to begin the process of reducing our workforce." Ticker Security Last Change Change % GM GENERAL MOTORS COMPANY 29.50 +0.77 +2.66% NKLA NIKOLA CORPORATION 20.00 +2.12 +11.88% General Motors may decide to extend talks with Nikola Corporation on its $2 billion deal, CNBC reported. The deal, which had been expected to close on Wednesday, is under scrutiny after short-seller Hindenburg Research said Nikola made false claims about its technology for its electric trucks. The company's former chairman, Trevor Milton, also recently resigned, amid allegations of sexual harassment. Ticker Security Last Change Change % CZR CAESARS ENTERTAINMENT 56.56 +2.07 +3.80% PENN PENN NATIONAL GAMING 72.97 +3.56 +5.13% DKNG DRAFTKINGS 57.20 +1.46 +2.61% Caesars Entertainment announced it would buy British-gambling company William Hill for 272 pence per share, valuing William Hill at $3.73 billion, or 2.9 billion British pounds. The deal puts other gaming stocks in focus. Ticker Security Last Change Change % AAPL APPLE INC. 115.86 +1.76 +1.55% Apple Inc. awarded CEO Tim Cook his first major stock grant since 2011, giving Cook an additional 333,987 restricted stock units that will vest in thirds on an annual basis starting in 2023, according to an SEC filing Tuesday. “Tim has brought unparalleled innovation and focus to his role as CEO and demonstrated what it means to lead with values and integrity," Apple's Board of Directors told FOX Business in a statement late Tuesday. "For the first time in nearly a decade, we are awarding Tim a new stock grant that will vest over time in recognition of his outstanding leadership and with great optimism for Apple’s future as he carries these efforts forward.” APPLE BECOMES FIRST U.S. COMPANY WORTH $2 TRILLION Crude oil inventories also showed a healthy draw down signaling demand is picking up. Ticker Security Last Change Change % USO UNITED STATES OIL FUND L.P. 28.16 +0.47 +1.70% GET FOX BUSINESS ON THE GO BY CLICKING HERE The yield on the 10-Year Treasury dipped to 0.646%, the sixth drop in the past eight trading days. European markets were lower in Wednesday trading, with the FTSE 100 and DAX falling 0.2% and 0.5%, respectively. CLICK HERE TO READ MORE ON FOX BUSINESS Fox News' Marisa Schultz and FOX Business Lucas Manfredi contributed to this story.
Posted inNational News

Cuomo’s office reportedly pushing against sending new ballots after voters received mismarked envelopes

USNN World Newsby USNN World NewsSeptember 30, 2020March 5, 2025
Biden and Trump attacked each other in personal terms for more than 90 minutes
Posted inNational News

Top 5 moments from Trump and Biden’s rough and rowdy first presidential debate

USNN World Newsby USNN World NewsSeptember 30, 2020September 30, 2020
First presidential debate: What to watch for at the Trump vs. Biden showdown
Posted inOpinion

First presidential debate: What to watch for at the Trump vs. Biden showdown

USNN World Newsby USNN World NewsSeptember 29, 2020March 27, 2025
Flynn lawyer in fiery hearing tells judge to recuse self over 'abject bias,' says she asked Trump not to pardon
Posted inDepartment of Justice

Flynn lawyer in fiery hearing tells judge to recuse self over ‘abject bias,’ says she asked Trump not to pardon

USNN World Newsby USNN World NewsSeptember 29, 2020September 29, 2020
Supreme Court and ObamaCare – here's what to expect if law is not upheld
Posted inNational News

Texas’ largest county is approving voter registrations for noncitizens, lawsuit claims

USNN World Newsby USNN World NewsSeptember 29, 2020October 20, 2025
Supreme Court and ObamaCare – here's what to expect if law is not upheld
Posted inOpinion

Supreme Court and ObamaCare – here’s what to expect if law is not upheld

USNN World Newsby USNN World NewsSeptember 29, 2020September 29, 2020
Rep. Scalise: ‘Somebody clearly broke the law to leak’ Trump’s tax history
Posted inNational News

Rep. Scalise: ‘Somebody clearly broke the law to leak’ Trump’s tax history

USNN World Newsby USNN World NewsSeptember 29, 2020March 14, 2025
'Mass confusion' in major city over mismarked absentee ballots
Posted inNational News

‘Mass confusion’ in major city over mismarked absentee ballots

USNN World Newsby USNN World NewsSeptember 29, 2020May 11, 2025

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NATIONAL NEWS

  • Flynn’s Lawyer: Documents Show Prosecutors Knew They Pressed Him to LieFlynn’s Lawyer: Documents Show Prosecutors Knew They Pressed Him to Lie
    By Petr Svab Former national security adviser to President Donald Trump, Lt. Gen. Michael Flynn, presented evidence that shows that prosecutors knowingly pressured him to ...
  • Dr. Drew on California homeless crisis: ‘What does the body count need to be before they will change their rhetoric?’Dr. Drew on California homeless crisis: 'What does the body count need to be before they will change their rhetoric?'
    By Victor Garcia | Fox News Dr. Drew Pinsky told Fox News Friday that the government of California isn’t doing enough to combat mental illness and other health problems ...
  • US Will Look at Sudden Acceleration Complaints Involving 500,000 Tesla VehiclesUS Will Look at Sudden Acceleration Complaints Involving 500,000 Tesla Vehicles
    By David Shepardson, Reuters WASHINGTON—The National Highway Traffic Safety Administration (NHTSA) said Friday it will review a petition asking the agency to formally investigate 500,000 Tesla ...
  • Trump’s impeachment trial team: Who are the lawyers defending the president?Trump’s impeachment trial team: Who are the lawyers defending the president?
    By Andrew O’Reilly | Fox News President Trump has locked down the defense team that will be representing him during his impeachment trial. The legal team is made up of several top White ...
  • Trey Gowdy: Lev Parnas’ claims are great for headlines, but not for a courtroomTrey Gowdy: Lev Parnas' claims are great for headlines, but not for a courtroom
    By Julia Musto | Fox News The damning allegations from Lev Parnas, the indicted former associate of Rudy Giuliani, against President Trump in his handling of Ukraine may be good for headlines but ...
  • Alan Dershowitz Says He’ll Join Trump’s Impeachment Defense TeamAlan Dershowitz Says He’ll Join Trump’s Impeachment Defense Team
    By Jack Phillips High profile lawyer and Harvard Law professor Alan Dershowitz has confirmed he will join President Donald Trump’s legal team and will present ...
  • Jeffrey Epstein’s autopsy shows disturbing evidence pointing to his murder: pathologistJeffrey Epstein's autopsy shows disturbing evidence pointing to his murder: pathologist
    By Lee Brown and Yaron Steinbuch Jeffrey Epstein’s eyes had burst capillaries after his body was found in his Manhattan jail cell, suggesting that the ...
  • Iraqi refugee launches GOP challenge to Ilhan Omar: ‘She needs to be stopped’Iraqi refugee launches GOP challenge to Ilhan Omar: 'She needs to be stopped'
    By Ronn Blitzer | Fox News Dalia al-Aqidi is a Muslim Iraqi refugee who says she’s tired of hearing Rep. Ilhan Omar, D-Minn., play identity politics while using language she believes ...
  • Gun Control Battle Deepens as Legislation Advances in VirginiaGun Control Battle Deepens as Legislation Advances in Virginia
    By Bowen Xiao As 4 bills progress along party lines in Virginia legislature, 2nd Amendment sanctuary movement gains momentum. RICHMOND, Va.—Hundreds of Second Amendment advocates ...
  • Virginia passes Equal Rights Amendment, becoming 38th state to approve landmark resolutionVirginia passes Equal Rights Amendment, becoming 38th state to approve landmark resolution
    By Nick Givas | Fox News Virginia became the 38th state to ratify the Equal Rights Amendment on Wednesday, after both state legislatures voted in favor of the measure, in ...
  • Rand Paul says Trump impeachment trial should have ‘all witnesses’ or ‘no witnesses’Rand Paul says Trump impeachment trial should have 'all witnesses' or 'no witnesses'
    By Victor Garcia | Fox News Sen. Rand Paul, R-Ky., predicted Wednesday that the Senate impeachment trial of President Trump would be “more fair” than the House impeachment inquiry and said ...
  • iHeartRadio owner lays off dozens including popular hostsiHeartRadio owner lays off dozens including popular hosts
    By James Leggate FOXBusiness Dozens of popular radio personalities across the U.S. were laid off as station owner iHeartMedia announced a major “reorganization” this week. IHeartMedia, which describes itself as “the ...
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