US Politics & Business News
US equity markets bounced back sharply from the geopolitical-driven selloff of Monday’s session, with the S&P 500 climbing 0.81% to close at a record 7,259.22 on Tuesday as falling oil prices and a series of solid earnings reports restored investor confidence. The Nasdaq Composite gained 1.03% to reach a new closing record of 25,326.13, while…
Control of the United States Senate is now statistically a coin-flip six months ahead of November’s midterm elections, according to prediction market data compiled by Kalshi, with traders placing the odds at roughly 50-50 between the parties after a dramatic shift in sentiment driven primarily by public opposition to the Iran war and its economic…
A newly published editorial in the Foreign Policy Journal has delivered one of the harshest assessments yet of American strategy in the Iran war, describing the US campaign as a “blatant failure” and laying significant blame at the feet of Defense Secretary Pete Hegseth for overestimating Washington’s ability to achieve regime change without deploying ground…
Republican strategists are executing one of the more delicate political manoeuvres in recent memory, attempting to capture the electoral energy generated by Donald Trump’s presence on the ballot without making the November midterms a direct referendum on a president whose approval ratings have reached the lowest point of his two terms in office, with Reuters…
Chevron Corporation (NYSE: CVX) is set to report its first-quarter 2026 earnings before the market open on May 1, with the company having already pre-disclosed selected Q1 guidance items in April that provide investors with more visibility than usual into the quarter’s financial shape, including upstream commodity price impacts of $1.6 billion to $2.2 billion…
Senate Democrats forced a fifth vote on a war powers resolution targeting the Iran conflict on Wednesday, with the chamber expected to vote on a motion to discharge the measure in what has become a weekly ritual of Democratic pressure and Republican resistance over congressional authority to authorise military force. Senator Tammy Baldwin of Wisconsin…
The Trump administration finds itself managing multiple domestic controversies simultaneously with the Iran war diplomacy, after an executive order on automatic selective service registration for American men attracted significant national attention and the president posted an AI-generated image likening himself to Jesus Christ, drawing criticism from conservative religious commentators as well as his political opponents….
Tesla heads into its first-quarter 2026 earnings call on April 22 carrying a heavier burden than any equivalent point in the company’s recent history, with investors demanding clarity on both the near-term health of its core automotive business and the credibility of a robotaxi commercialisation timeline that remains the primary driver of a valuation many…
The United Kingdom’s economy grew 0.5% in February, the fastest monthly expansion since January 2024, according to official data released by the Office for National Statistics on Thursday. The figure exceeded analyst forecasts of just 0.1% and came alongside an upward revision to January’s previously reported flat reading, now showing 0.1% growth instead. For the…
Morgan Stanley has delivered the strongest quarterly performance in its history, reporting first-quarter 2026 net revenues of $20.6 billion and earnings per share of $3.43, both of which substantially exceeded analyst forecasts and pushed the stock higher in pre-market and regular trading on Wednesday. The results reflect a financial sector benefiting from elevated volatility, record…