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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

  • Fox Turns Down Biden Campaign’s Request to Reject Trump Ad That CNN Declined to AirFox Turns Down Biden Campaign’s Request to Reject Trump Ad That CNN Declined to Air
    BY ZACHARY STIEBER Fox News rejected a request by the campaign of former Vice President Joe Biden not to run an advertisement from President Donald Trump’s campaign that targets ...
  • White House to Send Pelosi Letter Refusing Compliance With Demands Until Impeachment Inquiry VoteWhite House to Send Pelosi Letter Refusing Compliance With Demands Until Impeachment Inquiry Vote
    BY JANITA KAN The White House plans to send a letter to House Speaker Nancy Pelosi (D-Calif.) to reject compliance with lawmakers’ demands until she holds a vote ...
  • Poll: Trump’s Approval Rating Hits High for 2019 After Impeachment TalkPoll: Trump’s Approval Rating Hits High for 2019 After Impeachment Talk
    BY JACK PHILLIPS In a new poll, President Donald Trump’s approval rating hit the highest mark this year despite the talk of impeachment. A poll from HarrisX on Oct. 2 ...
  • Adam Schiff-Ukraine connection comes under scrutinyAdam Schiff-Ukraine connection comes under scrutiny
    By Alex Pappas | Fox News House Intelligence Committee Chairman Adam Schiff, who has played a leading role in investigating the Trump-Ukraine scandal, is facing questions about his own connection to ...
  • Pence Defends Trump’s Calls for Ukraine, China to Investigate BidenPence Defends Trump’s Calls for Ukraine, China to Investigate Biden
    BY ZACHARY STIEBER Vice President Mike Pence is defending President Donald Trump’s calls for foreign governments to investigate one of Trump’s leading Democratic rivals. And Pence is echoing Trump’s private and ...
  • Planned Parenthood Built Secret Abortion ‘Mega-Clinic’ in Illinois Under Shell Company: ReportPlanned Parenthood Built Secret Abortion ‘Mega-Clinic’ in Illinois Under Shell Company: Report
    BY MIMI NGUYEN LY Planned Parenthood is set to open an 18,000 square foot mega-clinic in southern Illinois after more than a year of building the abortion facility in secret. CBS News ...
  • Impeachment Stands No Chance of SuccessImpeachment Stands No Chance of Success
    By Stephen Meister Under Article I, Section 3 of the U.S. Constitution, conviction on an impeachment resolution requires a two-thirds vote of the Senate—today, 67 ...
  • Ukrainian President Zelensky Says He Never Spoke to Rudy GiulianiUkrainian President Zelensky Says He Never Spoke to Rudy Giuliani
    BY JACK PHILLIPS ‘I never feel any pressure’ . Ukraine’s President Zelensky on Oct. 1, said he has not met with Rudy Giuliani, President Donald Trump’s personal lawyer. “I ...
  • Tomi Lahren: CA Democrats ignoring homeless ‘epidemic’ in favor of Trump impeachment pushTomi Lahren: CA Democrats ignoring homeless 'epidemic' in favor of Trump impeachment push
    By Julia Musto | Fox News California Democrats are completely ignoring the state’s homeless crisis in favor of the Trump impeachment inquiry, Fox Nation host Tomi Lahren said Wednesday. Appearing on “Fox & Friends,” Lahren said ...
  • Secretary of State Pompeo Says He Was on the Phone During Trump’s Call With Ukrainian PresidentSecretary of State Pompeo Says He Was on the Phone During Trump’s Call With Ukrainian President
    BY ZACHARY STIEBER Secretary of State Mike Pompeo said he was on the phone while President Donald Trump spoke with Volodymyr Zelensky, his Ukrainian counterpart, in July. “I was on the phone call,” Pompeo told ...
  • Trump Lawyer Giuliani Hires Watergate Prosecutor to Represent Him in Impeachment InquiryTrump Lawyer Giuliani Hires Watergate Prosecutor to Represent Him in Impeachment Inquiry
    BY ISABEL VAN BRUGEN President Donald Trump’s personal lawyer, Rudy Giuliani, has hired former Watergate prosecutor Jon Sale to represent him in the congressional impeachment inquiry, he confirmed on Oct. 1. The ...
  • Trump Intensifies Criticism of Impeachment Inquiry by Calling It a ‘Coup’Trump Intensifies Criticism of Impeachment Inquiry by Calling It a ‘Coup’
    BY TOM OZIMEK Graham: Barr should be talking to Australia, Italy, UK about intelligence cooperation Anonymous sources reveal details about another Trump call; South Carolina Sen. Lindsey ...
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