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The Nasdaq and S&P 500 experienced slight upticks on Monday, bolstered by a decline in U.S. Treasury yields that favored megacap growth stocks. Investors also took note of data indicating a second consecutive month of eased manufacturing activity in May. Major tech stocks, including Apple, Meta, and Alphabet, saw gains ranging from 1.1% to 1.7%,
In a strategic move to engage younger voters, Republican presidential candidate Donald Trump joined TikTok and swiftly garnered 3 million followers within a day. This is the same platform he attempted to ban during his presidency on national security grounds. Trump’s decision to join TikTok could significantly impact his third bid for the White House,
In a historic and unprecedented turn of events, former U.S. President Donald Trump stated on Sunday that he would accept home confinement or jail time following his recent conviction by a New York jury. However, he warned that such an outcome might be hard for the public to accept. Trump is set to be sentenced
Last week, Donald Trump became the first former U.S. president to be convicted of a felony. Despite this historic verdict, Wall Street is considering the potential impacts of a second Trump term on markets, as he remains a strong contender in the upcoming presidential election. Investors suggest that a Trump victory could boost the stock
In a landmark legal move, Manhattan District Attorney Alvin Bragg took a significant gamble by charging former U.S. President Donald Trump with crimes using an unprecedented legal approach. This bold decision paid off when a jury found Trump guilty on all 34 counts of falsifying records to cover up hush money payments to adult film
In an unprecedented turn of events, early results from South Africa’s recent election suggest that the African National Congress (ANC) may lose the parliamentary majority it has held for three decades. This historic shift implies that the ANC might need to form a coalition to stay in power, introducing potential political instability in the weeks
If the jury in Donald Trump’s criminal trial returns a guilty verdict, the judge will face a significant decision: whether to sentence the former president and 2024 Republican presidential candidate to prison time. Convictions for felony falsification of business records in New York State rarely result in incarceration, but Trump’s case presents unique challenges. Legal
In a significant move with potential market implications, U.S. Senate Majority Leader Chuck Schumer and 22 Democratic Senators have requested an investigation into alleged collusion and price-fixing between the oil industry and the Organization of the Petroleum Exporting Countries (OPEC). This call for action, directed at Attorney General Merrick Garland and Antitrust Chief Jonathan Kanter,
In a significant policy shift, the Israeli military has allowed the resumption of food sales to Gaza from Israel and the West Bank, as the ongoing offensive in Rafah disrupts international aid deliveries. This development, confirmed by Palestinian officials, local businessmen, and international aid workers, offers a glimmer of hope amid mounting concerns over a
In a landmark decision, the U.S. Supreme Court has reinstated the National Rifle Association’s (NRA) lawsuit against a former New York state official, highlighting the importance of protecting free speech from government overreach. The 9-0 ruling, penned by Justice Sonia Sotomayor, underscores that public officials must not misuse their regulatory power to suppress speech they
