US Politics & Business News
Read the latest news about U.S. politics today at Congress.net
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…
President Donald Trump reversed himself on Tuesday, announcing an indefinite extension of the US ceasefire with Iran hours before the agreed two-week truce was due to expire — a decision that came despite Trump telling CNBC earlier that same morning that he did not want to extend it and that the US was in a…
RTX Corporation is releasing its first-quarter 2026 results before the market opens today, with Wall Street expecting adjusted EPS of $1.51 and revenue of approximately $21.4 billion. The company carries a $268 billion total backlog into the report, split between $161 billion in commercial aerospace and $107 billion in defence, providing one of the most…
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….
Congressional Democrats spent the past week navigating an Iran crisis that has produced some of the most extreme presidential rhetoric in recent American political history, with several lawmakers openly questioning whether Trump is fit to continue in office and calling for the invocation of the 25th Amendment. The flashpoint came on Easter Sunday when Trump…
The political calculations surrounding the Trump administration are shifting noticeably as the 2026 midterm elections move from a distant abstraction into a concrete near-term reality, with Democrats increasingly energised by economic data that challenges the White House’s claims of a golden-age economy and Republicans in competitive districts navigating the difficult arithmetic of defending an incumbent…
Wall Street ended the week on a cautiously optimistic note on Friday, with the S&P 500 edging up 0.2% and the Nasdaq adding 0.4%, as investors balanced the relief of a fragile US-Iran ceasefire against lingering uncertainty over the Strait of Hormuz and a consumer sentiment reading that landed at a historic low. The broader…
Goldman Sachs is scheduled to report first-quarter 2026 earnings on April 13, the first major bank to report and therefore the first institution-level data point that will tell investors how Wall Street itself navigated one of the most volatile quarters in years. Goldman is expected to deliver on multiple fronts: trading revenues typically benefit from…
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…
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…