The Energy sector has the highest percentage of analyst buy ratings (around 64%) of all S&P sectors in the US stock market. The kicker, however, is that these same analysts…
Stocks fell sharply in September with the S&P 500 SPDR (SPY) breaking below its August low. Chartists can now use this low as a benchmark low to gauge relative performance.…
Economy
White House releases fiery statement on government shutdown: ‘Playing partisan games’
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The White House issued a fiery statement Tuesday morning blaming congressional Republicans for ‘playing partisan games” as the U.S. government faces a shutdown this weekend. ‘With less than one week…
Economy
Newsom’s longtime ties to Hunter Biden emerge after he justifies his business deals: ‘Here’s my direct email’
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California Gov. Gavin Newsom’s recent defense of Hunter Biden against allegations of nepotism and shady business deals follows emails from Biden’s infamous laptop showing the president’s son donated thousands of…
Last week wasn’t the most optimistic on Wall Street. Even though the US economy is growing, Federal Reserve Chairman Jerome Powell’s comments after the Fed meeting weren’t what investors wanted…
The ongoing United Auto Workers strike is expanding. UAW President Shawn Fain called for union members to strike at noon ET Friday at 38 General Motors and Stellantis facilities across…
The U.S. Securities and Exchange Commission on Monday charged podcaster Matthew Motil in connection with an $11 million Ponzi scheme that allegedly defrauded more than 50 people. The agency said…
Economy
Republicans send letter to Jake Sullivan demanding ‘total figures’ for Ukraine aid
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FIRST ON FOX: GOP lawmakers sent a letter to national security adviser Jake Sullivan Monday urging him to provide more precise numbers regarding aid to Ukraine. Sen. JD Vance, R-Ohio,…
Economy
Democrat Rep Eric Swalwell calls House Republicans’ impeachment inquiry a ‘continuation of the insurrection’
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Democrat Rep. Eric Swalwell, D-Calif., called the GOP House-led impeachment inquiry into President Biden a ‘continuation of the [Jan. 6] insurrection’ during an interview Sunday. ‘Many of [Kevin] McCarthy’s folks…
A Democrat congressman in Minnesota says he is open to challenging President Biden for his party’s presidential nomination. ‘I am thinking about it,’ Rep. Dean Phillips told ‘The Warning’ podcast…