By Jonathan Garber FOXBusiness Amazon, Apple, Microsoft and Tesla were trading at or near record highs. U.S. equity markets traded higher Tuesday morning as Silicon Valley giants pared their early gains, pulling the Nasdaq Composite behind the other major averages. The Dow Jones Industrial Average gained 309 points, or 1.16 percent, in early trading while the S&P 500 rose 0.73 percent. […]
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Posted inFinance
S&P 500 gains on COVID-19 vaccine, stimulus hopes
By Reuters (Reuters) – The S&P 500 edged higher on Monday as promising data across a range of COVID-19 vaccine candidates and hopes of more stimulus helped overcome fears around the extent of the economic damage from a surge in domestic infections.FILE PHOTO: Traders wearing masks work, on the first day of in-person trading since […]
Posted inEconomy
Another 1.3M Americans filed for unemployment aid last week amid uneven coronavirus recovery
By Megan Henney FOXBusiness It’s the 17th week in a row that jobless claims came in above 1 million. The number of Americans applying for unemployment benefits remained historically high last week, indicating that employers are continuing to slash jobs amid a coronavirus resurgence that’s threatening the labor market’s nascent recovery. EXTRA $600 IN UNEMPLOYMENT BENEFITS ENDS NEXT MONTH AS […]
Posted inCongress
House GOP resolution accuses Ilhan Omar of ‘anti-American’ remarks; office decries ‘false smear’
By Adam Shaw | Fox News Resolution introduced by Rep. Andy Biggs of Arizona. A resolution introduced Thursday by House Republicans condemns allegedly “anti-American” statements by Rep. Ilhan Omar, D-Minn., after remarks in which she called for supporters to begin “dismantling the whole system of oppression.” The resolution, introduced by Rep. Andy Biggs, R-Ariz. – and co-sponsored by Reps. Scott Perry, R-Pa., […]
Posted inOpinion
Trump is big winner and Sessions is big loser in Tuesday primaries, while Dems remain divided
By Doug Schoen | Fox News The president’s current chances for reelection may be stronger than national polls indicate. There are two key takeaways from the outcome of Tuesday’s primaries in Alabama, Maine and Texas. First, the big winner of the night was President Trump. Several Trump-backed candidates defeated their opponents and unquestionably benefited significantly from the president’s support. […]
Posted inNational News
Portland’s unrest continues for six straight weeks with no apparent end in sight
By Danielle Wallace | Fox News Portland has been more than $23 million in losses due to looting and rioting. The death of George Floyd triggered a wave of protests and violent mayhem across the country as demonstrators demanded justice and a reckoning against racial injustice and police brutality. In Portland, Oregon’s largest city, those demonstrations have raged for six weeks straight, […]
Posted inWorld
Trump to hold Rose Garden press conference
By Morgan Phillips | Fox News A source familiar with the matter said the president will use the opportunity to discuss China. President Trump will hold a press conference in the Rose Garden Tuesday at 5 p.m., the White House announced, and a source familiar with the matter said the president will use the opportunity to discuss China during […]
Posted inNational News
Cuomo takes heat over internal nursing home report
By Ronn Blitzer | Fox News New York Gov. Andrew Cuomo is facing backlash from the scientific community and others for using a state report that backed up his theory that nursing home coronavirus deaths were not caused by his policies, even though the report may not have thoroughly explored the issue. Cuomo has been insisting that the thousands of nursing […]
Posted inNational News
Local governments weigh major tax hikes to plug coronavirus-induced shortfalls
By Ronn Blitzer | Fox News Homeowners, beware. State and local governments scrambling to raise money during the economic crisis caused by the coronavirus pandemic are looking to increased property taxes — as well as wealth taxes and more — to fill budget holes. The proposals come as officials are trying to strike a balance. Historic job losses caused by lockdowns […]
Posted inOpinion
Good riddance anti-Trump Republicans who would rather support Biden, Pelosi and Schumer
By Newt Gingrich | Gingrich360.com The deep state Republicans are against Trumpism as much as they are against President Trump. The deep state Republicans are alive and well and doing what you’d expect them to be doing. They are living proof that President Donald Trump is a genuine change agent. The world he is changing is their world, and […]
Posted inBusiness
Conservatives rally around Goya amid calls for boycott over CEO’s pro-Trump remarks
By Sam Dorman | Fox News Ted Cruz, Meghan McCain and Charlie Kirk were some who weighed in. A number of prominent conservatives have offered their support for Goya Foods as it faces mass calls for boycott over its CEO’s decision to praise President Trump. On Friday, Sen. Ted Cruz, R-Texas, tweeted: “Goya is a staple of Cuban food. My grandparents […]
Posted inOpinion
Kayleigh McEnany matches bombastic reporters’ theater with her own mic-drop moments
By Tim Graham | Creators Syndicate The Washington Post is pretending that political bombast is a one-way street. The July 6 Washington Post carried a typically colorful headline on top of the Style section. “A binder full of bombast: Kayleigh McEnany plays her boss and his base with derisive news briefing walk-offs.” Media reporter Paul Farhi wrote McEnany’s “would-be smackdowns […]
