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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

  • Trump: ‘Enjoy the low gas prices over the Labor Day weekend!’Trump: 'Enjoy the low gas prices over the Labor Day weekend!'
    By FOX Business If you’re hitting the road this holiday weekend, President Trump claims you have him to thank for lower prices at the pump. In a tweet ...
  • Texas shooting leaves 7 dead, 19 injured; suspect deadTexas shooting leaves 7 dead, 19 injured; suspect dead
    By Melissa Leon | Fox News The random shooting rampage in West Texas Saturday left seven dead, police said Sunday. Odessa police spokesman Steve LeSueur said Sunday that ...
  • Trump’s personal assistant resigns from White House amid tensionsTrump's personal assistant resigns from White House amid tensions
    By Louis Casiano | Fox News A personal assistant to President Trump who had been with the administration since Trump took office, Madeleine Westerhout, abruptly resigned Thursday, reportedly after it was determined she shared private ...
  • Dead birds in Massachusetts town prompt concerns they’re infected with deadly virusDead birds in Massachusetts town prompt concerns they're infected with deadly virus
    By Madeline Farber | Fox News Dead birds and seagulls spotted in the town of Fairhaven, Mass., have raised concerns among residents that the animals are infected ...
  • MSNBC’s O’Donnell retracts Trump-Russia story, apologizes; Florida in Dorian’s crosshairsMSNBC's O'Donnell retracts Trump-Russia story, apologizes; Florida in Dorian's crosshairs
    By Fox News MSNBC’s O’Donnell retracts unverified Trump-Russia story, makes on-air apology MSNBC host Lawrence O’Donnell on Wednesday night retracted a story that directly tied President ...
  • Trump mocks Kirsten Gillibrand as she exits 2020 race: ‘She was the one I was really afraid of’Trump mocks Kirsten Gillibrand as she exits 2020 race: 'She was the one I was really afraid of'
    By Joseph A. Wulfsohn | Fox News President Trump had some fun at the expense of Sen. Kirsten Gillibrand, D-N.Y., after she announced on Tuesday that she was withdrawing ...
  • Heritage Foundation bewildered by Biden claim about Trump tax cutsHeritage Foundation bewildered by Biden claim about Trump tax cuts
    By Gregg Re, Patrick Ward | Fox News The conservative Heritage Foundation reacted with bewilderment on Wednesday after Joe Biden claimed that the think tank had condemned the 2017 Trump-GOP ...
  • Ilhan Omar issues terse denial on allegations of affair with married DC consultantIlhan Omar issues terse denial on allegations of affair with married DC consultant
    By Ronn Blitzer | Fox News Minnesota Democratic Rep. Ilhan Omar is denying allegations of an affair with a married Washington, D.C., consultant. The accusations emerged earlier this week in a ...
  • Trump demands apology from NBC News over ‘false and defamatory’ report, threatens legal action in scorching letterTrump demands apology from NBC News over ‘false and defamatory’ report, threatens legal action in scorching letter
    By Brian Flood | Fox News President Trump’s legal team sent a harshly worded letter to NBC Wednesday demanding an apology and retraction for “false and defamatory, and extremely damaging” ...
  • AOC suggests ‘informed’ millennials are first generation to protest government, forgets about the ‘60sAOC suggests ‘informed’ millennials are first generation to protest government, forgets about the ‘60s
    By Ronn Blitzer | Fox News Rep. Alexandria Ocasio-Cortez made some bold claims in her latest Instagram Live video, suggesting millennials and Generation Z are better “informed” and more well-versed ...
  • Winter to feature ‘Polar Coaster’ mix of frigid temperatures, snow: Farmers’ AlmanacWinter to feature 'Polar Coaster' mix of frigid temperatures, snow: Farmers' Almanac
    By Travis Fedschun | Fox News Enjoy the last days of summer, because a wild ride apparently is in store this winter. The Farmers’ Almanac is predicting that “bitterly cold ...
  • 2020 Democrats fume at DNC over debate criteria crackdown2020 Democrats fume at DNC over debate criteria crackdown
    By Paul Steinhauser | Fox News With the deadline to qualify for next month’s third round of Democratic presidential debates closing in, the Democratic National Committee is facing an ...
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