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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

  • Marianne Williamson: ‘The system is even more corrupt than I knew’Marianne Williamson: 'The system is even more corrupt than I knew'
    By Nick Givas | Fox News Marianne Williamson, a 2020 presidential hopeful and author, said she’s discovered the political system to be “even more corrupt” than she imagined, during a ...
  • NRA Sues San Francisco Over ‘Terrorist Organization’ LabelNRA Sues San Francisco Over ‘Terrorist Organization’ Label
    BY TOM OZIMEK The National Rifle Association has filed a lawsuit against San Francisco authorities for declaring the Second Amendment rights group is a “domestic terrorist organization.” The suit, filed on ...
  • Police Union Endorses Trump for 2020 Re-ElectionPolice Union Endorses Trump for 2020 Re-Election
    BY JANITA KAN A police union that represents more than 100,000 officers has announced it will be endorsing President Donald Trump’s 2020 re-election campaign, according to a ...
  • 50 US States and Territories Launch Antitrust Probe Into Google50 US States and Territories Launch Antitrust Probe Into Google
    BY BOWEN XIAO Fifty U.S. States and territories, including the District of Columbia and Puerto Rico, have launched an anti-trust probe into Google and the company’s “potential monopolistic behavior.” ...
  • Rush Limbaugh: Dems, media paying ‘a price’ for Russia investigation flopRush Limbaugh: Dems, media paying 'a price' for Russia investigation flop
    By Victor Garcia | Fox News Democrats and the media are paying the price for pushing the Russia collusion narrative for more than two years, according to conservative ...
  • Hannity on Dems push for impeachment: ‘An anticlimactic culmination of 3 years of lies’Hannity on Dems push for impeachment: 'An anticlimactic culmination of 3 years of lies'
    By Victor Garcia | Fox News Fox News’ Sean Hannity criticized Democrats Monday night for targeting President Trump and once again pursuing impeachment. “There are no high crimes, no misdemeanors. ...
  • Fake news on Instagram could cause big problems in 2020, report claimsFake news on Instagram could cause big problems in 2020, report claims
    By Christopher Carbone | Fox News Instagram could become the new breeding ground for disinformation in the lead up to the 2020 election because bad actors are adapting ...
  • Trump Says He Will Release an ‘Extremely Complete’ Financial Report Before 2020 ElectionTrump Says He Will Release an ‘Extremely Complete’ Financial Report Before 2020 Election
    By Janita Kan President Donald Trump told reporters on Sept. 9 that he will be releasing a financial report on himself ahead of the 2020 presidential ...
  • Trump unloads on ‘disloyal’ Democratic House candidate at fiery rally ahead of pivotal North Carolina special electionTrump unloads on 'disloyal' Democratic House candidate at fiery rally ahead of pivotal North Carolina special election
    By Gregg Re | Fox News High stakes were matched by some of President Trump’s harshest campaign rhetoric yet at a rally in Fayetteville, N.C., on Monday night, with ...
  • Kamala Harris apologizes for laughing after audience member calls Trump ‘mentally retarded’Kamala Harris apologizes for laughing after audience member calls Trump 'mentally retarded'
    By Sam Dorman | Fox News Sen. Kamala Harris, D-Calif., claimed Saturday that she didn’t hear an audience member at a New Hampshire town hall Friday call President Trump “mentally retarded” and ...
  • Dr. Robert Epstein: Study claims Google reflected ‘very dramatic bias’ in 2016 election search resultsDr. Robert Epstein: Study claims Google reflected 'very dramatic bias' in 2016 election search results
    By Charles Creitz | Fox News Google allegedly offered search results during the 2016 election season that manipulated voters in Hillary Clinton’s favor, according to researcher Dr. Robert Epstein. The study looked into “politically ...
  • Mark Sanford announces Trump primary challenge: GOP ‘has lost our way’Mark Sanford announces Trump primary challenge: GOP 'has lost our way'
    By Ronn Blitzer | Fox News Former South Carolina Gov. Mark Sanford announced Sunday that he is running for president as a Republican, becoming the latest to challenge President ...
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