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Category: National News

National News (United States)

Chamber of Commerce's top political strategist abruptly forced out
Posted inNational News

Chamber of Commerce’s top political strategist abruptly forced out

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
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, 2020March 27, 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

Posts pagination

Newer posts 1 … 407 408 409 410 411 … 538 Older posts

NATIONAL NEWS

  • Barclays Revises US Recession Outlook After China Trade TruceBarclays Revises US Recession Outlook After China Trade Truce
    By Katabella Roberts Barclays no longer expects the United States economy to fall into a recession later this year and has revised up its growth ...
  • New Jersey Train Engineers Go On Strike, Halting Service in New York City AreaNew Jersey Train Engineers Go On Strike, Halting Service in New York City Area
    By Oliver Mantyk NEW YORK CITY—New Jersey Transit train engineers went on strike on May 16, halting service to 350,000 riders in the New Jersey ...
  • Supreme Court Wrestles With Nationwide Injunctions in Birthright Citizenship CasesSupreme Court Wrestles With Nationwide Injunctions in Birthright Citizenship Cases
    By Sam Dorman The Supreme Court on May 15 grappled with how far federal judges could go in issuing sweeping blocks on policies such as ...
  • EPA Targets Engine Start-Stop Systems in CarsEPA Targets Engine Start-Stop Systems in Cars
    By Tom Ozimek The Trump administration is taking aim at automatic engine start-stop systems—technology installed in millions of U.S. vehicles to reduce fuel use and ...
  • Republicans Release Sweeping Tax Plan, Key Component of Trump’s AgendaRepublicans Release Sweeping Tax Plan, Key Component of Trump’s Agenda
    By Andrew Moran The House Ways and Means Committee, which manages taxes, released the full 389-page text of the long-awaited multi-trillion-dollar Republican tax plan on ...
  • US Could Hit Debt Limit in August, Bessent SaysUS Could Hit Debt Limit in August, Bessent Says
    By Andrew Moran and Lawrence Wilson The federal government is likely to exceed its statutory debt limit in August, when Congress is slated for a ...
  • DHS Says House Democrats and Protesters ‘Stormed’ ICE Detention CenterDHS Says House Democrats and Protesters ‘Stormed’ ICE Detention Center
    By Tom Ozimek A confrontation erupted Friday at a New Jersey detention center after three Democratic members of Congress and a group of protesters entered ...
  • FEMA Confirms Acting Administrator Hamilton Has Been ReplacedFEMA Confirms Acting Administrator Hamilton Has Been Replaced
    By Jacob Burg Cameron Hamilton, acting administrator of the Federal Emergency Management Agency (FEMA), has been terminated and replaced, the agency said on May 8. Politico ...
  • Army Presents Congress With Plan to Reorganize Fighting Forces, Adapt to Changing BattlesArmy Presents Congress With Plan to Reorganize Fighting Forces, Adapt to Changing Battles
    By Ryan Morgan U.S. Army leaders fielded questions from lawmakers on May 7 over their latest plan to prepare the fighting force and streamline their ...
  • FAA to Address Newark Airport Turmoil With Tech Upgrades, Staffing PushFAA to Address Newark Airport Turmoil With Tech Upgrades, Staffing Push
    By Bill Pan The Federal Aviation Administration (FAA) said Wednesday it is taking immediate steps to address problems that have escalated flight delays and cancellations ...
  • Bessent, Greer to Meet Chinese Officials in SwitzerlandBessent, Greer to Meet Chinese Officials in Switzerland
    By T.J. Muscaro Treasury Secretary Scott Bessent and U.S. Trade Representative (USTR) Jamieson Greer will meet with their Chinese counterparts this week. The news was confirmed ...
  • Trump Says ‘Never Say Never’ as Carney Tells Him Canada Not for SaleTrump Says ‘Never Say Never’ as Carney Tells Him Canada Not for Sale
    By Noe Chartier and Matthew Horwood At his first meeting with newly elected Canadian Prime Minister Mark Carney, U.S. President Donald Trump said his country ...
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