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Category: National News

National News (United States)

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
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
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
Trump campaign requests third party inspector to check for electronic devices in candidates' ears
Posted inNational News

Trump campaign requests third party inspector to check for electronic devices in candidates’ ears

USNN World Newsby USNN World NewsSeptember 29, 2020September 29, 2020
PROJECT VERITAS BOMBSHELL: ILHAN OMAR CONNECTED TO ILLEGAL BALLOT HARVESTING SCHEME
Posted inNational News

Project Veritas Bombshell: Ilhan Omar Connected to Illegal Ballot Harvesting Scheme

USNN World Newsby USNN World NewsSeptember 28, 2020September 28, 2020
Longstanding tradition at debates comes to an end during first face off between Trump, Biden
Posted inNational News

Longstanding tradition at debates comes to an end during first face off between Trump, Biden

USNN World Newsby USNN World NewsSeptember 28, 2020September 28, 2020
California wildfires rage as wine country blaze forces evacuation of hospital, hundreds of homes
Posted inNational News

California wildfires rage as wine country blaze forces evacuation of hospital, hundreds of homes

USNN World Newsby USNN World NewsSeptember 28, 2020May 11, 2025
Some Minneapolis City Council members may regret pledge to dismantle police department: report
Posted inNational News

Some Minneapolis City Council members may regret pledge to dismantle police department: report

USNN World Newsby USNN World NewsSeptember 28, 2020June 13, 2025
Trump calls New York Times report that he avoid paying taxes 'totally made up'
Posted inNational News

Trump calls New York Times report that he avoid paying taxes ‘totally made up’

USNN World Newsby USNN World NewsSeptember 28, 2020September 28, 2020
Trump takes press to task for skipping over Hunter Biden scandals
Posted inNational News

Trump takes press to task for skipping over Hunter Biden scandals

USNN World Newsby USNN World NewsSeptember 28, 2020May 14, 2025

Posts pagination

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NATIONAL NEWS

  • Sheriff Mack Encourages Other Sheriffs to Investigate Evidence of Election Fraud Depicted in ‘2000 Mules’Sheriff Mack Encourages Other Sheriffs to Investigate Evidence of Election Fraud Depicted in ‘2000 Mules’
    By Ella Kietlinska and Joshua Philipp The claim made by Dinesh D’Souza’s documentary “2000 Mules” that significant fraud occurred in the 2020 election should be independently investigated by sheriffs in ...
  • Democrats are turbo-charging the IRS to go after the middle classDemocrats are turbo-charging the IRS to go after the middle class
    By Max Keating, Daily Caller News Foundation The reconciliation package proposed by Democratic Sens. Joe Manchin and Chuck Schumer includes $80 billion in new funding for ...
  • Deputies Uncover 42 Pounds of Cocaine While Investigating Drug Dealer in CaliforniaDeputies Uncover 42 Pounds of Cocaine While Investigating Drug Dealer in California
    By Caden Pearson An investigation by San Bernardino county deputies uncovered 19 bricks of cocaine weighing 42 pounds with a street value of $700,000 stashed in a ...
  • Trump Nod Spurs Dixon to Runaway Win in Michigan GOP Gubernatorial PrimaryTrump Nod Spurs Dixon to Runaway Win in Michigan GOP Gubernatorial Primary
    By John Haughey Tudor Dixon, a former steel sales manager and conservative commentator, parlayed a late-campaign endorsement from former President Donald Trump into a runaway ...
  • Lake Pulls Ahead of Robson in Heated Race for Republican Nomination for Arizona GovernorLake Pulls Ahead of Robson in Heated Race for Republican Nomination for Arizona Governor
    By Allan Stein Kari Lake pulled ahead of Karrin Taylor Robson in a heated five-way battle for the Republican nomination for governor of Arizona in the ...
  • ‘America First’ Candidate Mark Finchem Wins Republican Nomination for Arizona Secretary of State‘America First’ Candidate Mark Finchem Wins Republican Nomination for Arizona Secretary of State
    By Allan Stein Arizona state Rep. Mark Finchem has won the Republican nomination for Arizona secretary of state in the Aug. 2 primary election. Finchem defeated ...
  • ‘Resist, Wake Up, Stop Obeying’: Holocaust Survivor Draws Parallels in Current Society to Nazi Germany‘Resist, Wake Up, Stop Obeying’: Holocaust Survivor Draws Parallels in Current Society to Nazi Germany
    By Matt McGregor Vera Sharav was only 3 years old when her world collapsed. She and her family were chased out of Romania and herded into ...
  • Senators Paul, Hassan to Lead First Ever Congressional Hearing on Gain-of-Function ResearchSenators Paul, Hassan to Lead First Ever Congressional Hearing on Gain-of-Function Research
    By Cathy He Sens. Rand Paul (R-Ky.) and Maggie Hassan (N.H.) are set to lead the first congressional hearing on gain-of-function research as part of his ongoing ...
  • Why Military Enlistments are PlummetingWhy Military Enlistments are Plummeting
    By Oliver L. North & David Goetsch One of the reasons the U.S. has been the world’s superpower since World War II is the size, ...
  • The Power of the Trump Endorsement: Myth or Magic?The Power of the Trump Endorsement: Myth or Magic?
    By Patricia Tolson News Analysis Several polling outlets are predicting that Republicans will take control of both the House and possibly the Senate in the 2022 primaries. While some individuals are attributing ...
  • Subpoenas Going to Return ‘Treasure Trove’ of Documents From Biden Administration: Louisiana AGSubpoenas Going to Return ‘Treasure Trove’ of Documents From Biden Administration: Louisiana AG
    By Zachary Stieber and Jan Jekielek The subpoenas and discovery requests sent out as part of a lawsuit against the federal government are going to bring back reams ...
  • LA School District Faces Lawsuit After Son Bribed Into Getting COVID-19 Vaccination: MotherLA School District Faces Lawsuit After Son Bribed Into Getting COVID-19 Vaccination: Mother
    By Linda Jiang LOS ANGELES, Calif.—Los Angeles Unified School District (LAUSD), the second largest school district in the United States, is facing a lawsuit from ...
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