US Politics & Business News
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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…
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…