Government

Billionaire investor and Pershing Square USA Ltd. (NYSE:PSUS) CEO Bill Ackman warned Thursday that dependence on the Strait of Hormuz remains a critical vulnerability for the global economy, as the U.S. and Iran reached an agreement to end a conflict that disrupted global shipping...

The Department of Defense’s Office of Strategic Capital on Thursday announced a $725 million conditional loan commitment with Energy Fuels Inc. (AMEX:UUUU) to expand domestic rare earth processing at its White Mesa Mill in Utah and fund a new rare earth metals and alloy facility in the U.S....

A report on June 17, 2026 shows that Representative Matt Van Epps from Tennessee sale stock in Tapestry (NYSE:TPR), valued between $27,013 and $230,000. According to the June filing, the transaction occurred on June 16, 2026. At the time of writing, Tapestry shares are trading down 0.28% at $145.46...

Intel Is Turning into the U.S. Chip Bet that Wall Street Can Finally Explain Intel (NASDAQ:INTC) has been a hard stock to own for years because the story kept changing faster than the numbers did. One quarter it was a turnaround. Then it was a manufacturing reset. Then it was a government-backed...

An Internal Revenue Service advisory panel on Wednesday released a report recommending 18 reforms aimed at modernizing the U.S. tax system, including broader use of artificial intelligence, stronger fraud prevention and expanded digital taxpayer services. The Electronic Tax Administration Advisory...

(Editor’s note: The headline, ETFs and economic data were updated.) U.S. stock futures rose on Thursday, as the Dow Jones, Nasdaq 100, and S&P 500 indices advanced, following Tuesday’s sharp sell-off. Weekly initial jobless claims edged down by 4,000 to a seasonally adjusted 226,000...

Investors assessing the Federal Reserve's decision to keep interest rates steady this week may be suffering from a false sense of security. According to a global macro strategy report authored by Frank Flight at Citadel Securities, the market is severely under-indexing a looming hawkish pivot. The...

President Donald Trump has settled a $100 million lawsuit against his niece, Mary Trump. The lawsuit was filed over accusations that Mary Trump leaked financial information and family tax documents to The New York Times. The settlement was announced in a letter filed on Tuesday...

President Donald Trump expressed disbelief at the new Federal Reserve Chairman Kevin Warsh’s decision to maintain steady interest rates, a move he had previously criticized. Trump, when asked for comments on the Fed’s decision on Wednesday, said, “It’s all right. Whatever....

U.S. Department of Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. announced Wednesday more than $700 million in funding opportunities aimed at tackling mental illness, addiction and homelessness across the U.S. The funding expands President Donald Trump's Great American Recovery...

Sen. Elizabeth Warren (D-Mass.) on Wednesday reaffirmed calls to levy a tax on the richest members of society, including Tesla Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk. Elizabeth Warren Touts Children Gaining Access To Healthcare In a post on X, Warren...

The S&P 500 tumbled on Wednesday after the Federal Reserve signaled that interest rates could rise this year, but Polymarket traders are betting the benchmark index will rebound sharply at Thursday’s open. The S&P 500 closed down 1.21% at 7,420.10 after its worst session in nearly a...

Podcast host Joe Rogan alleged that former U.S. presidents were among those who contacted Spotify Technology SA (NYSE:SPOT) during the height of the backlash against his podcast over COVID-19 discussions, alleging a coordinated effort to have his show removed from the audio streaming platform....

Federal Reserve Chair Kevin Warsh‘s first policy meeting drew mixed reactions from economists, with attention centered on his decision not to submit a dot plot projection, his inflation messaging and his plans to reform the institution The Fed held rates steady at 3.50%-3.75% on Wednesday and...

President Donald Trump said that the U.S. lost semiconductor manufacturing to Taiwan and other countries and lauded his efforts to bring chip production back to America. Trump took to Truth Social early Thursday and highlighted the partnerships he facilitated between Intel...