US Politics & Business News
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…
Treasury Secretary Scott Bessent delivered a pointed warning to Oman on Thursday, escalating tensions over the critical waterway known as the Strait of Hormuz. The warning came after President Trump publicly stated that Oman should “behave or we’ll have to blow ’em up,” raising the stakes in an already tense diplomatic standoff. Bessent took to…
The Federal Reserve appears set to remain on the sidelines after fresh inflation data released Thursday showed consumer prices continuing to weigh on American wallets. The personal consumption expenditures price index increased a seasonally adjusted 0.4% for the month, putting the 12-month inflation rate at 3.8%, the Commerce Department reported. Economists surveyed by Dow Jones…
The One Big Beautiful Bill Act, President Donald Trump’s sweeping tax and spending legislation, cleared Congress earlier this year after one of the most tense legislative sessions in recent memory, passing the Senate on a 51-50 vote only after Vice President JD Vance cast the tie-breaking ballot to force it over the line. The three…
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…
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…
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…
Florida motorists are paying more at the pump than at any point since July 2022 after a dramatic 40-cent single-week surge pushed the state average to $4.34 per gallon, a price spike directly tied to the ongoing US-Iran conflict and the sustained disruption of the Strait of Hormuz that has sent global oil markets into…