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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

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NATIONAL NEWS

  • Biden says he would use federal power to require Americans to wear masks in publicBiden says he would use federal power to require Americans to wear masks in public
    By Adam Shaw | Fox News ‘I would insist that everybody in public be wearing that mask,’ he said. Presumptive Democratic presidential nominee Joe Biden said Thursday that he ...
  • Joe Biden ‘greeted’ by Trump supporters outside Pennsylvania campaign stopJoe Biden 'greeted' by Trump supporters outside Pennsylvania campaign stop
    By David Aaro | Fox News It was hard to tell if Joe Biden or President Trump would be appearing in south central Pennsylvania on Thursday by the looks of crowds gathered near ...
  • Trump fields audience questions on mail-in voting, riots, says Democrats ‘destroying our country’Trump fields audience questions on mail-in voting, riots, says Democrats 'destroying our country'
    By Brie Stimson | Fox News President Trump’s Fox News town hall with Sean Hannity on Thursday night presented a rare opportunity for the nation’s commander-in-chief to answer questions coming directly ...
  • Trump says violence in Chicago, Baltimore, other US cities like ‘living in hell,’ in ‘Hannity’ town hallTrump says violence in Chicago, Baltimore, other US cities like 'living in hell,' in 'Hannity' town hall
    By Andrew O’Reilly | Fox News President Trump, in a Fox News town hall with Sean Hannity on Thursday, tore into the soaring violent-crime rates in cities including Chicago ...
  • BET founder Robert Johnson says Dems taking black voters ‘for granted,’ calls for BLM to form partyBET founder Robert Johnson says Dems taking black voters 'for granted,' calls for BLM to form party
    By Marisa Schultz | Fox News BET founder Robert Johnson says the Democratic Party has taken black voters in America for granted, and he urges the ascendant Black Lives Matter (BLM) ...
  • Biden cancer nonprofit paid its top execs millions. It spent little to eradicate cancerBiden cancer nonprofit paid its top execs millions. It spent little to eradicate cancer
    By Joe Schoffstall | Washington Free Beacon Nearly two-thirds of the money the Biden Cancer Initiative spent since its founding in 2017 went toward staff compensation and six-figure ...
  • NASCAR: Driver’s ‘Hate Crime Noose’ Was Really A Garage Pull RopeNASCAR: Driver’s ‘Hate Crime Noose’ Was Really A Garage Pull Rope
    By Allison Schuster The Federalist Separate FBI and NASCAR investigations found what some claimed was a “noose” in NASCAR driver Bubba Wallace’s garage at Talladega Superspeedway ...
  • Space expert says 110 people is ‘minimum number’ to start life on MarsSpace expert says 110 people is 'minimum number' to start life on Mars
    By Chris Ciaccia | Fox News If you’ve ever wondered how many people it will take to start a new civilization on Mars, you’ve got your answer. At least ...
  • Insurgents from the left threaten to upend Dem Party plans in Tuesday primariesInsurgents from the left threaten to upend Dem Party plans in Tuesday primaries
    By Paul Steinhauser | Fox News The progressive wing of the Democratic Party hasn’t had much to celebrate at the ballot box since populist Sen. Bernie Sanders suspended his presidential campaign two-and-a-half months ...
  • Officers clear protesters from outside White House, as ‘Defund the Police’ graffiti removedOfficers clear protesters from outside White House, as ‘Defund the Police’ graffiti removed
    By Gillian Turner, Brooke Singman | Fox News Law enforcement officers cleared protesters Tuesday from outside the White House following a clash the night before, pushing them beyond ...
  • Hackers just leaked sensitive files from over 200 police departments that are searchable by badge numberHackers just leaked sensitive files from over 200 police departments that are searchable by badge number
    By Aaron Holmes A hacktivist group on Friday published hundreds of gigabytes’ worth of potentially sensitive files from police departments across the US in the ...
  • Trump urges AOC to run against Schumer, says she’d winTrump urges AOC to run against Schumer, says she’d win
    By Edmund DeMarche | Fox News President Trump urged Rep. Alexandria Ocasio-Cortez, D-N.Y., to run against the state’s longtime Sen. Chuck Schumer in the 2022 primary in November, saying ...
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