By Jonathan Garber FOXBusiness U.S. equity futures plunged limit down after the Federal Reserve took emergency action on Sunday evening. Dow Jones Industrial Average futures were lower by 1,040 points, or 4.5 percent, while the S&P 500 and Nasdaq Composite were down 4.4 percent and 4.6 percent, respectively. Sunday evening’s losses come after the Fed slashed its benchmark interest rate by 100 basis points to […]
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Posted inImmigration
Hundreds of Chinese migrants detained at US border amid coronavirus-tied travel ban
By William La Jeunesse | Fox News Since officials first reported the coronavirus outbreak in Wuhan in late December and the United States imposed a travel ban for those entering from China, Border Patrol agents have detained 333 Chinese nationals attempting to enter the United States illegally, according to Department of Homeland Security data obtained by Fox News. While none have […]
Posted inNational News
Dow adds 1,167 points as Trump talks economic initiatives
By Jonathan Garber FOXBusiness U.S. equity markets ebbed and flowed on Tuesday before breaking away with the Dow Jones Industrial Average adding over 1,167 points clawing back from a deficit. Ticker Security Last Change Change % I:DJI DOW JONES AVERAGES 25018.16 +1,167.14 +4.89% SP500 S&P 500 2882.23 +135.67 +4.94% I:COMP NASDAQ COMPOSITE INDEX 8344.252867 +393.58 +4.95% The Dow’s […]
Posted inEconomy
Stock futures rise as Trump signals ‘economic policies’ ahead to stop financial market mayhem
By Suzanne O’Halloran FOXBusiness Trump is promising economic rescue efforts to ease the financial mayhem infecting markets. U.S. stock futures, which opened with a triple-digit loss Monday evening after the Dow Jones Industrial Average tumbled 2,013 points, its worst one-day point drop ever, quickly reversed course. The Dow, S&P 500 and Nasdaq Composite rose after President Trump led an update with the coronavirus task […]
Posted inEconomy
Trump to pitch Congress on payroll tax cut, relief for small business amid coronavirus crisis
By Andrew O’Reilly | Fox News President Trump said Monday evening that he will be meeting with congressional leaders on Tuesday to press them about what can be done to help the economy as it struggles amid the coronavirus outbreak. Trump said that he plans to meet with Senate leadership on Wednesday to discuss a payroll tax cut, small business […]
Posted inCongress
Schumer’s Supreme Court saga not over, as GOP presses forward on historic censure
By Ronn Blitzer | Fox News Senate Minority Leader Chuck Schumer, D-N.Y., may still face consequences from his colleagues after facing criticism from conservatives and liberals alike for remarks he directed towards Supreme Court Justices Neil Gorsuch and Brett Kavanaugh at an abortion rights rally last week that some have considered threatening. Sen. Josh Hawley, R-Mo., has continued to call for […]
Posted inEconomy
Dow plunges over 2,000 points, oil crashes as price war erupts and coronavirus spreads
By Jonathan Garber FOXBusiness U.S. equity markets were sharply lower Monday morning after an oil price war broke out between Saudi Arabia and Russia and the new coronavirus showed signs of spreading. The Dow Jones Industrial Average was down by as many as 2,046 points, or 7.9 percent, in the opening minutes of trading while the S&P 500 and Nasdaq Composite […]
Posted inOpinion
Sally Pipes: Biden and Sanders would both end private health insurance, despite what Biden claims
By Sally Pipes | Fox News Self-described socialist Sen. Bernie Sanders of Vermont, who says he will launch a political revolution if elected president in November, has made his radical “Medicare-for-all” proposal the centerpiece of his campaign. Former Vice President Joe Biden, who is challenging Sanders for the Democratic presidential nomination, argues correctly that “Medicare-for-all” is unaffordable. Biden wants you […]
Posted inOpinion
Newt Gingrich: Biden vs Sanders – here’s what to expect in the fight ahead
By Newt Gingrich | Fox News Last month we all thought we knew what was going to happen in the race for the Democratic presidential nomination. Former Vice President Joe Biden was going to narrowly win the South Carolina primary. Sen. Bernie Sanders, I-Vt., would do well and several other candidates would do just well enough to stay in the race. Then, most people thought, […]
Posted inNational News
Trump, at Fox News Town Hall, suggests Biden isn’t competent: ‘There’s something going on there’
By Gregg Re | Fox News President Trump, speaking at a Fox News Town Hall in Joe Biden’s hometown of Scranton, Pa., on Thursday evening, openly suggested that the new Democratic front-runner’s repeated gaffes could be a sign of a competency issue — honing a line of attack that Republicans are expected to repeatedly deploy if Biden becomes his party’s […]
Posted inSupreme Court
Chief Justice Roberts issues rare rebuke to Schumer’s ‘dangerous’ and ‘irresponsible’ comments; Schumer fires back
By Gregg Re | Fox News Chief Justice of the United States John Roberts on Wednesday issued a highly unusual and forceful rebuke to Senate Minority Leader Chuck Schumer, D-N.Y., calling his seemingly threatening remarks directed at Associate Justices Neil Gorsuch and Brett Kavanaugh “irresponsible” and “dangerous” — prompting Schumer’s office to slam Roberts and accuse him of bias. The extraordinary back-and-forth […]
Posted inSupreme Court
The Supreme Court will consider Obamacare’s constitutionality — and the outcome could bring ‘total chaos’
By Adriana Belmonte Associate Editor The Supreme Court has agreed to hear an appeal case on the Affordable Care Act (ACA), commonly known as Obamacare, that could potentially invalidate the entire law. On Dec. 15, 2018, a Texas judge ruled that Obamacare’s individual mandate was unconstitutional. Judge Reed O’Connor agreed with the plaintiffs who argued that the lack […]
