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President Donald Trump has publicly suggested that a future surge in tariff collections might allow Washington to phase out the federal individual income tax. The idea, first raised during his 2024 campaign and mentioned again in January 2026, would require legislation from Congress and has drawn immediate scrutiny from economists who question both its feasibility […]
ABC News Live devoted part of its Jan. 30, 2026 programming to the life and work of Catherine O’Hara, the Canadian-born comedian and actor who died earlier the same day at the age of 71 following what the network described as a brief illness. The four-minute segment, presented by anchor David Muir and labeled “David […]
American Express is approaching Apple’s long-held position as the most valuable equity investment owned by Berkshire Hathaway, a shift driven by large reductions in the conglomerate’s Apple holdings and a prolonged rally in the credit-card company’s shares. Data compiled through last week show Apple’s market value inside the Berkshire portfolio exceeding American Express by only $4.3 billion, […]
Citi Research trimmed its price target for AbbVie Inc. to $230 from $235 on January 27 while reiterating a Neutral stance, concluding its fourth-quarter assessment of the biopharmaceutical industry. The modest adjustment reflects the bank’s view that sector-wide earnings projections appear reasonable and could outperform conservative forecasts, especially as policy uncertainty shows signs of easing heading […]
ABC News Live released a series of video segments on Wednesday that cover an array of breaking developments in the United States and abroad. The reports range from hazardous winter weather affecting nearly half the country to new moves by the Justice Department, political lawsuits, international tensions, sports milestones and notable moments in entertainment. Nationwide […]
Daymond John, best known today as an investor on ABC’s “Shark Tank,” says the steady income he earned as a waiter at Red Lobster was critical to transforming his clothing startup FUBU into an international brand. His experience highlights the role a traditional paycheck can play in funding a fledgling venture and underscores why many […]
Bank of America Global Research has sharpened its focus on the comparative valuation of Exxon Mobil Corporation, lifting the energy major’s price target while reiterating a Neutral stance. In a note issued on January 28, the bank increased its 12-month price objective for Exxon Mobil (NYSE:XOM) to $135 from $129. The revision followed an updated […]
Another surge of arctic air is sweeping across the southern United States, bringing life-threatening temperatures to a region still struggling to recover from last week’s debilitating ice storm. Cold weather alerts posted by the National Weather Service extend from Texas through Tennessee and down the Florida peninsula, warning residents that exposure without adequate protection could […]
The coming trading week features an unusually dense slate of corporate results and economic data that could shape equity performance after three consecutive down sessions for the S&P 500. Market commentator Jim Cramer signaled that a broad rebound is possible if several high-profile companies meet or exceed expectations, particularly in technology, pharmaceuticals and consumer sectors. […]
Pony AI Inc. (NASDAQ:PONY) continues to draw favorable attention from equity research desks, with 94 percent of the 18 analysts covering the stock assigning a Buy recommendation. The consensus twelve-month price objective implies upside of more than 54 percent compared with the current share price, underscoring a broadly optimistic outlook for the autonomous-vehicle developer. The most recent […]
A partial shutdown of the federal government began just after midnight on Saturday, Jan. 31, 2026, after the Senate approved a revised appropriations package that the House of Representatives will not consider until at least Monday evening. Essential operations continue, but agencies lacking appropriations authority have started to curtail non-critical services and place some employees […]
Amazon heads into its fourth-quarter earnings release on Thursday after a week marked by large-scale job cuts, an errant internal email and heightened attention to a $75 million documentary about U.S. First Lady Melania Trump. White House screening draws criticism On Saturday, Chief Executive Officer Andy Jassy and an Amazon MGM Studios executive joined corporate […]