US Politics & Business News
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…
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…