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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, 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
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

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

NATIONAL NEWS

  • Election betting odds have flipped to favor Trump, expert saysElection betting odds have flipped to favor Trump, expert says
    By David Aaro FOX News ‘He hasn’t won yet, but it’s looking like he might,’ Maxim Lott said. President Donald Trump is now favored to win the election based on ...
  • Was my vote counted? A state-by-state guide to tracking your absentee ballotWas my vote counted? A state-by-state guide to tracking your absentee ballot
    By Audrey Conklin | Fox News Many states offer online ballot tracking systems, others require contacting election officials. Voting by mail has been extremely popular among Americans participating in ...
  • Trump on track to win farmers’ votes despite trade war, pandemic challengesTrump on track to win farmers' votes despite trade war, pandemic challenges
    By Sumner Park FOXBusiness Even as the pandemic adds more pressure to farmers already distressed from trade war challenges, Trump’s efforts to stand up to ...
  • Joe Biden wants to ‘suppress’ capitalism, Home Depot’s Langone saysJoe Biden wants to ‘suppress’ capitalism, Home Depot’s Langone says
    By Talia Kaplan FOXBusiness Langone co-founded Home Depot in 1978 and helped create what would be become the world’s largest home improvement retailer. Home Depot co-founder Ken Langone told “Cavuto: Coast ...
  • Election Day: With polls closing in hours, stakes for Trump, Biden reach their peakElection Day: With polls closing in hours, stakes for Trump, Biden reach their peak
    By Ronn Blitzer | Fox News Trump predicts economic depression if Biden wins, while Biden says Trump is ‘a threat to this nation’. The day has arrived for ...
  • Stock market history would suggest that Trump will defeat BidenStock market history would suggest that Trump will defeat Biden
    By Jonathan Garber FOXBusiness The S&P 500 gained 1.2% in three months leading up to Election Day. Stock market history suggests President Trump will prove the polls wrong and secure ...
  • Rush Limbaugh says media’s narrative about enthusiasm for Biden will be proven wrongRush Limbaugh says media's narrative about enthusiasm for Biden will be proven wrong
    By Joshua Q. Nelson | Fox News Radio host said conventional wisdom will be wrong just like in 2016. Radio host Rush Limbaugh stressed the importance of this Election Day saying it ...
  • What to know on Election Day 2020: Culmination of the battle for the White HouseWhat to know on Election Day 2020: Culmination of the battle for the White House
    By Tyler Olson | Fox News Election Day Guide: Battleground state watch list, key races, poll closing times and when to expect a winner. Americans on Tuesday are ...
  • Biden’s fracking stance may cut 19M jobs, raise electric prices: Energy secretaryBiden's fracking stance may cut 19M jobs, raise electric prices: Energy secretary
    By Sumner Park FOXBusiness Fracking makes up a large part of the economy in key battleground states like Pennsylvania and Texas. A Joe Biden presidency could undo ...
  • Pennsylvania bakery’s election-themed ‘cookie poll’ is now showing clear front-runnerPennsylvania bakery's election-themed 'cookie poll' is now showing clear front-runner
    By Michael Bartiromo | Fox News Lochel’s Bakery will debut a ‘celebratory’ cookie in honor of the winner. The official tally isn’t in just yet, but one candidate ...
  • Biden’s gaffes continue as Election Day draws nearBiden's gaffes continue as Election Day draws near
    By Megan Henney | Fox News Biden mispronounced health care as ‘badakathcare’. Democratic presidential nominee Joe Biden stumbled on his words again, twice, while campaigning this weekend with less than ...
  • Pennsylvania, Nevada AGs welcome Trump threats to send in lawyers on Election DayPennsylvania, Nevada AGs welcome Trump threats to send in lawyers on Election Day
    By Louis Casiano FOXBusiness Although Trump has said the winner should be decided Tuesday night, in many states it will take longer to count all the ...
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