Stocks

Tech Rally and Powell’s Optimism Drive U.S. Stock Indexes to Record Highs

All three major U.S. stock indexes closed at record highs on Wednesday, fueled by a strong rally in technology shares and encouraging comments from Federal Reserve Chair Jerome Powell. Salesforce’s positive earnings report and upbeat market sentiment contributed to the surge, while Powell’s remarks on the economy provided an additional boost.

Markets Rally Following Trump Election Victory, Posting Best Month of 2024

The stock market is recording its strongest month this year following President-elect Donald Trump’s victory in the 2024 election, reflecting investor optimism about the economic outlook under the incoming administration.

Senators Set to Vote on RFK Jr. Appointment Received Millions from Big Pharma

Several of the senators set to vote on Robert F. Kennedy Jr.'s appointment to lead the Department of Health and Human Services (HHS) have received donations from pharmaceutical companies.

Pharma Stocks Hit After RFK Jr. Appointment

Stocks for Moderna, BioNTech, and Novavax fell following Robert F. Kennedy Jr.'s appointment to head the Health and Human Secretary.

Biden Announces $8 Million More in Aid For Ukraine

President Joe Biden announced over $8 billion in military assistance to Ukraine during President Volodymyr Zelenskyy’s visit to the U.S., signaling a significant commitment to help Kyiv in its war against Russian forces.

US Commits to Bolstering Ukraine’s Defense Capabilities Amid Ongoing Conflict

Recently, President Joe Biden made the significant decision to provide Ukraine with $8 billion worth of American weaponry, including advanced long-range munitions—a move he...

Pelosi’s Husband Sold Visa Stock Weeks Before Antitrust Lawsuit

According to a report from The New York Post, Paul Pelosi, the husband of former House Speaker Nancy Pelosi, sold more than $500,000 worth of Visa stock weeks before the company's antitrust lawsuit.

Stock Market Plunges Amid Fears of Recession

U.S. stocks plunged on Monday morning as fears of an economic recession have elevated.

Senators Announce Bipartisan Bill to Ban Lawmaker Stock Trading

A bipartisan group of senators announced a bill to prohibit members of the House and Senate from participating in stock trading.

Supreme Court Rules Bump Stock Rifles Are NOT Machine Guns

On Friday, the Supreme Court decided that a semiautomatic rifle does not become a "machine gun," as defined by federal law, just because it...

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