US Politics & Business News
Senate Minority Leader Chuck Schumer announced on Wednesday that Senate Democrats will force a vote on an Iran war powers resolution when Congress returns from spring recess next week, describing the two-week ceasefire as “not a strategy, not a diplomatic solution, not a plan.” The move reflects a Democratic caucus that has concluded the ceasefire…
Before Tuesday night’s ceasefire changed the immediate calculus, UBS Global Wealth Management had already moved decisively, revising its year-end S&P 500 target from 7,700 to 7,500 and trimming its mid-year forecast from 7,300 to 7,000. The note, dated April 6, reflected a banking institution recalibrating for a world where oil remains elevated and geopolitical uncertainty…
US stocks managed a slim fourth consecutive day of gains on Monday, with the S&P 500 rising 0.44% to close at 6,611.83, the Dow adding 165.21 points to settle at 46,669.88 and the Nasdaq Composite gaining 0.54% to 21,996.34 — but futures reversed course after the close as Trump held a White House press conference…
Markets return to full trading on Monday for the first time since Thursday after observing the Good Friday holiday, with investors stepping back into a financial landscape shaped almost entirely by the ongoing US-Iran war and the diplomatic signals that have flickered into view over the past week. The S&P 500 enters Monday near the…
House Democrats are preparing to force a second War Powers Resolution vote when the chamber returns from recess on April 14, having spent the intervening weeks repairing the fractures that caused the first attempt to fail on a 212-219 vote in early March. The effort to rein in President Trump’s authority to continue military operations…
Tesla delivered 358,023 vehicles globally in the first quarter of 2026, missing Wall Street’s consensus estimate of approximately 365,645 units. The stock fell more than 5% on Thursday after the report, closing at $360.56, and is now down 20% for the year. The headline delivery number represented a 6% increase compared to Q1 2025, but…
The New York Stock Exchange and Nasdaq closed on Good Friday, April 3, in observance of the holiday, giving markets a four-day pause at the end of a volatile and unusual week dominated by geopolitical shock and corporate earnings. Trading is scheduled to resume Monday, April 6, at the standard 9:30 a.m. Eastern time opening…
President Trump delivered his first prime-time address to the nation on the Iran war on Wednesday night, speaking for less than 20 minutes from the White House in a speech the administration billed as containing “an important update.” What followed was largely a recitation of positions and claims the president has made repeatedly over the…
The global esports industry has undergone a period of sustained and accelerating commercial development, transitioning from a niche entertainment segment into a multi-billion dollar market of significant strategic interest to investors, broadcasters, and corporate sponsors. Market Valuation and Growth Projections The global esports market was valued at approximately $8.11 billion in 2025, with projections indicating…
Tuesday was the kind of day Wall Street had been desperate for since February 28. The Dow Jones jumped 1,125 points, the S&P 500 surged 2.91%, and the Nasdaq advanced 3.83% — each index posting its biggest single-day gain since May — after Iranian President Masoud Pezeshkian signalled publicly that Tehran has the “necessary will”…