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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

  • Rep. Omar Booed During Somali Music Festival Appearance in Home StateRep. Omar Booed During Somali Music Festival Appearance in Home State
    By Jack Phillips Video footage surfaced online that appeared to show a crowd of people at a Somali cultural event in Minneapolis booing “Squad” member Rep. Ilhan Omar (D-Minn.) ...
  • NASA Satellite Breaks From Orbit Around Earth, Heads to MoonNASA Satellite Breaks From Orbit Around Earth, Heads to Moon
    By The Associated Press WELLINGTON, New Zealand—A satellite the size of a microwave oven successfully broke free from its orbit around Earth on Monday and is headed toward ...
  • Here’s What Trump Says Inflation Would Be Like If He Were Still PresidentHere’s What Trump Says Inflation Would Be Like If He Were Still President
    By Tom Ozimek Former President Donald Trump said on July 4 that the decades-high inflation that has battered American households would have never happened on his watch. In a post on the ...
  • Person of Interest in Illinois July 4 Parade Mass Shooting ArrestedPerson of Interest in Illinois July 4 Parade Mass Shooting Arrested
    By Allen Zhong The person of interest in the Highland Park, Illinois, July 4 parade mass shooting has been arrested, police said. Robert (Bobby) E. Crimo III, 22, was taken ...
  • Poll Shows More Americans Want Biden to Focus on Inflation Than Russia–Ukraine WarPoll Shows More Americans Want Biden to Focus on Inflation Than Russia–Ukraine War
    By Naveen Athrappully U.S. citizens are more interested in the Biden administration tackling inflation than focusing on helping Ukraine in its war against Russia, a ...
  • Jeff Bezos Responds After Biden Demands Gas Stations Lower PricesJeff Bezos Responds After Biden Demands Gas Stations Lower Prices
    By Jack Phillips Amazon founder and multi-billionaire Jeff Bezos criticized the Biden administration’s messaging around gas prices and rising inflation. On Saturday, President Joe Biden suggested on Twitter that gas ...
  • 6 Dead, 24 Injured During Mass Shooting at Chicago-Area July 4 Parade6 Dead, 24 Injured During Mass Shooting at Chicago-Area July 4 Parade
    By Jack Phillips Multiple people are feared dead after a mass shooting during a Fourth of July parade in a Chicago suburb, officials said. Six people were killed ...
  • The United States of America’s Independence DayThe United States of America's Independence Day
    By The USNN World News Team Independence Day, also called Fourth of July or July 4th, in the United States, the annual celebration of nationhood. It commemorates the passage of the Declaration ...
  • Missouri Requires Photo ID, Bans Ballot Drop Boxes in Election Law OverhaulMissouri Requires Photo ID, Bans Ballot Drop Boxes in Election Law Overhaul
    By Allen Zhong Missouri Gov. Mike Parson signed a new election law on Wednesday that will require a voter to show a photo ID to vote in the ...
  • FBI Says More People Using ‘Deepfake’ Technology to Apply for JobsFBI Says More People Using ‘Deepfake’ Technology to Apply for Jobs
    By Nicholas Dolinger The FBI has published a new statement warning about the increasingly prevalent use of “deepfake” technology in job interviews, allowing users to assume the ...
  • Supreme Courts in Texas, Ohio Block Efforts to Reinstate Access to AbortionsSupreme Courts in Texas, Ohio Block Efforts to Reinstate Access to Abortions
    By Mimi Nguyen Ly Texas’s and Ohio’s Supreme Courts have given the go-ahead for the states to enforce their respective state laws that ban abortion, blocking efforts ...
  • California Gives Free Healthcare to Illegal ImmigrantsCalifornia Gives Free Healthcare to Illegal Immigrants
    By Jamie Joseph SACRAMENTO—California is now the only state in the U.S. to offer free healthcare to all low-income illegal immigrants after Gov. Gavin Newsom signed ...
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