US Politics & Business News
The Securities and Exchange Commission is removing the pattern day-trading rule, with the change set to take effect on June 4, 2026. The rule has long required traders who execute four or more day trades within five business days to maintain a minimum of $25,000 in their brokerage accounts. Its elimination means that everyday retail…
CrowdStrike Holdings (CRWD) saw its stock fall following its latest earnings report, continuing a troubling pattern for the cybersecurity sector in 2026. The company managed to beat Wall Street’s financial expectations, yet investors responded by sending shares lower in a sign of growing skepticism toward the industry. CrowdStrike was not alone in this experience, as…
Rising grocery and gasoline prices driven by permanent supply shocks are placing new pressure on American consumers and the lawmakers responsible for protecting their wallets. Economists and policy analysts have drawn a distinction between two specific types of inflation that fall outside the Federal Reserve’s traditional toolkit and direct influence. The Federal Reserve relies primarily…
Millions of Americans enrolled in Medicaid could face coverage disruptions under new work requirements being debated in Congress, health advocates are warning. People living with cancer or HIV are among those most at risk of losing their Medicaid coverage if the new work rules take effect, according to advocates. The proposed requirements would mandate that…
By Prineha Narang My career has been built at the edge of what is physically possible, predicting exotic quantum states, developing sensors that exploit the laws of nature, and teaching machines to reason about the physical world. For a long time, that work lived in journals and laboratories, but those technologies are now being rapidly…
Former Fox News host Steve Hilton and reality television veteran Spencer Pratt delivered surprisingly strong performances in California’s jungle primary Tuesday night. Both men entered their respective races with thinner war chests than their establishment rivals and no prior experience in elected office. Their campaigns were built less on policy infrastructure than on raw charisma,…
The Office of the U.S. Trade Representative has proposed additional tariffs of up to 12.5% on imports from 60 economies linked to forced labor trade practices. The sweeping action targets trading partners that have failed to ban goods made with forced labor, including China, the European Union, and Japan. The determination was made under Section…
Strategy (NASDAQ: MSTR) investors are “deeply concerned” by the market’s reaction to the company selling Bitcoin this week, sources told Congress.net on Tuesday. Sources told Congress.net that large institutional investors holding various MSTR products, including ordinary shares and preferred shares, are concerned that “Strategy could be forced to sell more Bitcoin” and “inadvertently cause Bitcoin’s…
Job openings climbed to their highest level in nearly two years during April, while hiring fell sharply in the same period. The Bureau of Labor Statistics reported that available employment reached 7.6 million for April, a surge of 731,000 from the prior month and the highest level since May 2024. Economists surveyed by Dow Jones…
Citigroup has raised its price objective on Seagate Technology (NASDAQ: STX) from $740.00 to $1,150.00, a substantial increase reflecting renewed analyst confidence in the stock. The Wall Street bank accompanied the upgraded price target with a “buy” rating on the data storage company, signaling a bullish outlook. The new target of $1,150.00 represents a significant…