It has been reported that Donald Trump is planning on not mentioning President Joe Biden by name during his upcoming speech at the Republican National Convention. This decision marks a significant shift from Trump’s typical approach of directly attacking his political opponents using demeaning language and nicknames. Instead, Trump is said to refer to the
US
The recent market dynamics have been quite perplexing, with small-cap stocks making a comeback while mega-cap tech stocks seem to be faltering. This shift in performance has led many to believe that a rotation trade is underway, signaling potential gains for the S & P 500 as the market diversifies beyond the artificial intelligence sector.
In the past, a GOP sweep has often led to strong gains for defense stocks. However, the historical trend may not hold true this time around. According to Wells Fargo analyst Matthew Akers, the defense sector tends to outperform when there is a single party in control across Congress and the executive branch, especially the
A recent federal judge in Florida dismissed the criminal case involving former President Donald Trump, ruling that the appointment of special counsel Jack Smith was in violation of the U.S. Constitution’s appointments clause. Trump was accused of retaining classified government documents at his Florida club and trying to withhold them from government officials. This ruling
Following the shocking incident at a Pennsylvania rally where Donald Trump was rushed off stage due to gunshots, Elon Musk took to social media to express his full endorsement of the former president. Musk’s support for Trump came with hopes for a rapid recovery after the incident. The post on X, a platform owned by
Amazon prides itself on offering the lowest prices across a vast selection of products. This commitment to affordability is enforced through the use of sophisticated algorithms that continuously scan the internet to ensure that Amazon’s prices are competitive. This system, while beneficial for consumers looking to score the best deal, can have serious repercussions for
SpaceX’s Falcon 9 rocket recently suffered an inflight failure during the “Starlink Group 9-3” mission, leading to the grounding of the vehicle for an investigation. This incident is a rare misfire for the workhorse rocket, which has been on a successful run for nearly a decade. The rocket’s lower first stage performed as expected, but
In a recent CNBC interview, Commissioner Roger Goodell unveiled the National Football League’s plans to potentially allow minority private equity ownership for its 32 teams, with a cap of up to 10%. This marks a significant shift in the league’s ownership policies, as it aims to adapt to the changing landscape of sports economics. Goodell
A bipartisan group of senators, including Sen. Josh Hawley of Missouri, recently announced a renewed effort to ban members of Congress from trading stocks. The reasoning behind this proposal is that lawmakers should not be allowed to profit off of information that is exclusive to them, giving them an unfair advantage in investing. The proposed
House Democrats recently gathered for a closed-door meeting to discuss the future of President Joe Biden’s reelection bid. The meeting took place following Biden’s lackluster debate performance against former President Donald Trump, which raised concerns among party members about the viability of his candidacy. The debate in question occurred in June and has since sparked