Vice President JD Vance will travel overseas this week to head the United States delegation at the 2026 Winter Olympics in Milan-Cortina and subsequently visit Armenia and Azerbaijan to reinforce a White House–brokered peace agreement reached last year. The seven-day itinerary combines international sports diplomacy with follow-up discussions on a regional accord that Washington views […]
Shares of Volvo Cars fell sharply in Stockholm on Thursday, dropping as much as 19% in early trading after the Swedish automaker reported a steep decline in fourth-quarter earnings. The plunge put the company on course for its worst single-day performance since its market debut in 2021. The manufacturer, majority-owned by China’s Zhejiang Geely Holding […]
U.S. equities finished lower on Tuesday, February 3, after an early advance faded amid renewed worries that rapid advances in artificial intelligence could disrupt established business models. Major benchmarks surrendered morning gains, dragging the S&P 500 to a 1.5-week low and pulling the Dow Jones Industrial Average back from an intraday record. At the closing bell, the […]
Washington, D.C. — The U.S. Supreme Court on Wednesday declined an emergency request from California Republicans to halt the state’s newly approved congressional boundaries, clearing the way for those district lines to be used in the 2026 midterm elections. The unsigned, single-sentence order was issued without comment and noted no dissents, effectively leaving in place […]
Hedge funds are widening their bearish stance on publicly traded software companies, accelerating a sell-off that has erased more than $1 trillion in market value since January. Data compiled by S3 Partners show that short sellers have realized approximately $24 billion in mark-to-market profits this year, and portfolio managers at two large Wall Street funds […]
Church & Dwight Company, Inc. (CHD), the business behind the Arm & Hammer label and several other widely recognized consumer products, remains a focal point for investors analyzing fresh stock forecasts. Founded in 1846 and headquartered in Ewing, New Jersey, the company is best known as the leading U.S. producer of baking soda, but its […]
Ryan Routh, the man convicted of attempting to assassinate former United States President Donald Trump, has been sentenced to life in prison. The ruling was made public in a courtroom video released by ABC News, bringing an end to a case that drew nationwide attention because of the high-profile target and the gravity of the […]
Indianapolis, IN – Eli Lilly reported fourth-quarter earnings that far exceeded market forecasts, propelled by surging demand for its glucagon-like peptide-1 (GLP-1) drugs Mounjaro and Zepbound. The performance underscores the company’s expanding leadership in diabetes and obesity treatments and prompted a higher price target for the shares. Financial Highlights For the three months ended Dec. […]
U.S. equities extended their recent slide on Tuesday, though a late recovery trimmed losses and preserved a key support level for the benchmark index. The S&P 500 closed down 0.8 percent after rebounding from its 50-day moving average and a trendline connecting the lows registered since November 21. Despite several sharp downturns over the past month, the index […]
MINNEAPOLIS — President Donald Trump said his administration “can use a little bit of a softer touch” on immigration enforcement following the fatal shooting of Alex Pretti by federal agents in Minneapolis, an incident that intensified protests, prompted legal action and sparked new political pressure on the Department of Homeland Security (DHS). Federal drawdown follows […]
The White House has ordered the removal of 700 federal law-enforcement officers from Minnesota, trimming the overall deployment in the state by roughly one-quarter and leaving about 2,000 personnel in place, White House border coordinator Tom Homan announced Wednesday in Minneapolis. The reduction, described by Homan as effective immediately, centers on the Twin Cities of […]
Visa Inc. shares are tracking a broader equity environment that, according to multiple valuation models, appears fairly priced but not inexpensive. A comprehensive review of stock-to-bond metrics, forward earnings multiples and traditional valuation ratios places equities, including the Dow component and payments leader, at a modest premium to fixed-income instruments. The principal gauge in the […]