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WASHINGTON — Representative Ro Khanna, a four-term Democrat whose district covers the heart of Silicon Valley, is facing sharp pushback from longtime supporters in the technology sector after endorsing a proposed California wealth tax aimed at residents worth at least $1 billion. The tension arose after a labor-backed initiative, the 2026 Billionaire Tax Act, moved closer […]
The largest investment banks and research houses on Wall Street have outlined new year-end 2026 targets for the S&P 500, setting expectations that span a flat performance to a double-digit advance over current levels. Twenty major firms were surveyed, and their projections place the benchmark index between 7,000 and 8,100 on 31 December 2026. Key Forecast […]
Airlines scrubbed more than 1,500 flights across the United States on Friday as a fast-moving winter storm targeted the Northeast during one of the peak travel periods of the year. The widespread disruptions came just as millions of passengers were beginning holiday journeys, forcing carriers to adjust schedules and activate flexible rebooking policies. The National […]
The yield curve has resumed an upward slope, a development widely monitored by investors as a barometer of future growth. After months of inversion, shorter-term rates now sit below longer-term yields, signaling expectations of firmer economic activity over the next several quarters. The change coincides with the Federal Reserve’s latest policy decision. At its most […]
Torrential rain swept across California’s coastline throughout Christmas week, soaking communities from the Bay Area to the Mexican border and prompting repeated warnings about flooding, mudslides and hazardous travel. The unsettled pattern coincided with a powerful winter storm that disrupted holiday plans nationwide, grounding thousands of flights and bringing snow and ice to the Northeast. […]
WASHINGTON — White House press secretary Karoline Leavitt announced Friday that she is pregnant with her second child, a baby girl due in May 2026. The 28-year-old communications chief shared the news on her personal Instagram account, calling the pregnancy “the greatest Christmas gift we could ever ask for.” In the post, Leavitt expressed joy […]
The United States intends to place astronauts on the lunar surface before the end of President Donald Trump’s current term, according to newly confirmed NASA Administrator Jared Isaacman. In a televised interview on Friday, Isaacman said the administration’s accelerated schedule is central to turning the Moon into the cornerstone of a broader commercial and scientific […]
Monster Beverage Corporation, ticker symbol MNST, functions strictly as a holding company and does not engage in direct operating activities. All business operations are carried out through the company’s consolidated subsidiaries, a structure that concentrates operational decision-making at the subsidiary level while corporate oversight remains at the parent. The organization’s holding model means revenue generation, […]
Santa Barbara, Calif. — Ashlee Buzzard entered a not-guilty plea on Friday to a charge of murder with special allegations in connection with the death of her 9-year-old daughter, Melodee Buzzard, who was found shot in the head in rural Utah earlier this month. The arraignment took place in Santa Barbara County Superior Court. Court […]
ABC News Live programming on Thursday highlighted a series of developing stories across the United States and abroad, led by a powerful winter storm that is hampering holiday travel nationwide. The continuous news feed also covered an upcoming meeting between Ukrainian President Volodymyr Zelenskyy and former U.S. President Donald Trump, a courtroom appearance in a high-profile child-murder case, […]
Oracle shares are heading toward their steepest quarterly decline since the 2001 dot-com crash, underscoring investor unease with the company’s aggressive plans to scale artificial-intelligence infrastructure. With four trading sessions remaining in the quarter, the stock is down about 30%, erasing gains recorded after a high-profile cloud agreement with OpenAI last September. The downturn coincides […]
New York, Dec. 23 — The S&P 500 and the New York Stock Exchange Composite Index ended the December 23 session at new all-time highs, extending the advance that began in late November. Market technicians characterize the latest peaks as incremental rather than decisive breakouts, yet the closes put every current index constituent into positive […]