Government

U.S. equities climbed on Thursday, with the S&P 500 briefly testing a record high 6,300 level at midday in New York, bolstered by strong earnings and upbeat retail sales data that reinforced investor risk appetite. The Nasdaq 100 rose 0.9% to a fresh record above 23,000, while the Dow Jones...

A July filing shows that Representative Thomas Kean reported a sale in Stryker (NYSE:SYK), valued between $16,002 and $65,000. The transaction date is listed as June 26, 2025, with the report published on July 16, 2025. At present, Stryker shares are trading down 0.0% at $390.87. What...

A July filing shows that Representative Josh Gottheimer reported a sale in Akamai Technologies (NASDAQ:AKAM), valued between $12,012 and $180,000. The transaction date is listed as June 3, 2025, with the report published on July 16, 2025. At present, Akamai Technologies shares are trading up 0.25%...

Canada will introduce new measures to defend its steel industry against the impact of tariffs. Prime Minister Mark Carney announced the implementation of the plan proposed a month ago, during a visit to Hamilton-based steel fabricator Walter’s Group. "This is about protecting Canadian jobs...

June retail sales smashed expectations, rising 0.6% month-over-month after two straight declines, signaling that U.S. consumers remain resilient despite elevated borrowing costs and tariff policy uncertainty. The latest data from the U.S. Census Bureau showed retail and food services sales climbing...

According to University of Michigan economist Justin Wolfers, in recent months, Apple Inc. (NASDAQ:AAPL) CEO Tim Cook has been spending far more time managing politics than pursuing new innovations. Check out the current price of AAPL stock here. What Happened: Appearing on The Contrarian...

The U.S. Department of Energy announced a pivotal new program to resurrect America’s nuclear fuel supply chain, a development that potentially places domestic uranium producer Energy Fuels Inc (AMEX:UUUU) in a favorable position. What To Know: The DOE on Wednesday issued a Request for...

A political firestorm erupted on Wall Street Wednesday as speculations surged that President Donald Trump could fire Federal Reserve Chair Jerome Powell before his term ends, reigniting fears over central bank independence. Powell's current term runs until May 2026. Legal scholars and market...

Fair Isaac Corp (NYSE:FICO) stock came under pressure on last week's announcement of Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) are now accepting VantageScore 4.0, which caused investor concerns around an erosion of the "FICO monopoly," according to Needham. The Fair Isaac Analyst: Analyst...

Volatility surged across interest rate-sensitive assets Wednesday after reports circulated that President Donald Trump may be preparing to remove Federal Reserve Chair Jerome Powell from his post. The rumors sparked fears over the Fed's independence, triggering a broad flight to gold and a sell-off...

The rapid expansion of the federal 340B drug pricing program is significantly affecting Medicaid budgets, particularly in states where managed care plans oversee prescription drug benefits. New analysis reveals that states are losing billions in Medicaid rebates due to ineligible claims on...

An official report on July 15, 2025 reveals Representative Rick Allen's recent purchase of Intuit (NASDAQ:INTU) stock, valued between $1,001 and $15,000. The transaction took place on June 20, 2025, as per the July filing. At this time, Intuit shares are trading down 0.22% at $744.34. What...

With markets largely unfazed by President Donald Trump’s latest tariff escalations and the potential economic fallout of the same, economist Peter Schiff warns that Trump may not back down this time around. What Happened: On Tuesday, Schiff posted on X, highlighting “a classic paradox...

Leading economists react to June’s Consumer Price Index report, which showed that inflation was largely in line with expectations, while speculating on what this means for Federal Reserve policy and growing tariff-related pressures. What Happened: U.S. consumer prices rose 0.3% in June, the...