US Politics & Business News
Beijing has issued a stern warning to Washington over its arms sales to Taiwan, with the Chinese Embassy in the United States urging the Trump administration to exercise restraint as a multibillion-dollar weapons package remains under consideration. Chinese Embassy spokesperson Liu Pengyu told Congress.net that Beijing’s position on the matter leaves no room for ambiguity….
A new Congress.net poll of 1,142 registered Republican voters shows President Donald Trump retaining majority support within his own party, with 57 percent expressing approval of his performance, even as soaring oil prices and the resulting inflation crisis emerge as the defining anxiety across the Republican base. The survey, conducted this week, puts Trump’s standing…
BWX Technologies (NYSE: BWXT), the mid-cap nuclear technology and government services firm, has attracted renewed analyst attention following a combination of strong first quarter 2026 results, over $1.4 billion in freshly awarded naval contracts, and a Deutsche Bank upgrade that lifted the bank’s price target to $255 from $203 while moving the stock from Hold…
The diplomatic impasse between the United States and Iran over nuclear enrichment shows partial signs of movement, with Pakistan serving as the central mediating channel between the two sides and Qatar’s prime minister adding public support for the mediation framework that has kept both countries at the table despite persistent mutual distrust. Iran’s foreign minister…
US markets opened cautiously on Monday as investors absorbed the implications of Moody’s stripping the United States of its top-tier triple-A credit rating for the first time in the agency’s history. The downgrade, announced on Friday, lowered the country’s rating by one notch to Aa1, bringing Moody’s into line with S&P Global, which cut its…
Ford Motor Company (NYSE: F) received a price target increase from RBC Capital, which raised its target from $11 to $13 while maintaining a Sector Perform rating, as the automaker navigates a complex period that combines tariff-driven cost pressures with an active model refresh cycle across its core truck and commercial vehicle lineup. The stock…
Senator Bill Cassidy of Louisiana became the first sitting senator to lose a regularly scheduled Republican primary since Indiana’s Richard Lugar in 2012, eliminated from the race for a third term after Trump-backed congresswoman Julia Letlow and state Treasurer John Fleming outpolled the two-term incumbent on Saturday night. Letlow, who carried Trump’s “complete and total…
The S&P 500 rose 0.58 percent to a new all-time closing high of 7,444.25 on Wednesday, as the Nasdaq Composite gained 1.2 percent to 26,402.34, both indexes extending their record streaks despite a hotter-than-expected producer price index reading for April. The Dow Jones Industrial Average moved in the opposite direction, shedding 67.36 points, or 0.14…
US technology and semiconductor stocks suffered a significant reversal on Tuesday after April’s consumer price index came in hotter than expected, confirming that the Iran war’s energy shock is feeding through to broader consumer prices and eliminating what little remained of market expectations for a Federal Reserve rate cut in 2026. The Nasdaq Composite fell…
A few years ago, online trading felt like something built for finance professionals. Today, many Americans are introduced to trading platforms, as they are to other things, via their mobile devices. Folks look at crypto price breaks at lunchtime and on social media and observe market updates after work to see how trading works via…