The Supreme Court on Friday set a Dec. 8 date to hear oral arguments in a case centered on President Donald Trump’s authority to fire heads of independent agencies without cause. This closely watched court fight could overturn a longstanding court precedent and further expand executive branch powers. At issue is Trump’s attempted firing of
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1.5KThe Dow Jones and its exchange-traded funds (ETFs) like DIA have done well this year and are hovering near their highest level on record. It was trading at $46,200, up by over 26% from its lowest level this year. This article identifies some of the top companies driving the blue-chip index. Why the Dow Jones
4.1KApple is once again under scrutiny in China as 55 local iPhone and iPad users have filed a complaint alleging monopolistic practices in app distribution and payment systems. The complaint, Reuters reports, submitted to the State Administration for Market Regulation (SAMR) on Monday, accuses the company of abusing its dominance by forcing consumers to use
2.5KSeveral Democrat senators seemed ready to expand COVID-era Obamacare tax credits holding up spending legislation needed to reopen the government — but less willing to grapple with what that would mean for the country’s expenses. ‘I’ll disagree with the framing of deficit increase,’ Sen. Chris Coons, D-Del., said when asked about the program’s implications for
3.2KRepublican lawmakers have spent the week sharpening their attacks on Saturday’s nationwide day of protests against President Donald Trump, which many GOP leaders dismissed as ‘Hate America’ rallies. Cities across the country are expected to see hundreds of thousands of people come out for the ‘No Kings’ movement, and several congressional Democrats have even said
2.2KIsrael announced Saturday that the latest remains handed over by Hamas via the Red Cross were that of a deceased hostage. The Israel Defense Forces (IDF) identified the deceased hostage as Eliyahu Margalit, known by many as ‘Churchill,’ who was murdered during the Oct. 7, 2023, attacks. It also underscored that ‘Hamas is required to
2.3KBarclays has named KLA Corporation (NASDAQ: KLAC) as its top pick among semiconductor equipment makers, arguing that the company is emerging as a clear leader in the wafer fabrication equipment (WFE) space. The bank upgraded the stock to overweight from equal weight and raised its price target sharply to $1,200 from $750, suggesting an additional
1.3KShares in B&M fell more than 19% on Monday after the UK discount retailer admitted a £7 million accounting error that will hit its earnings and trigger a leadership change. The company said that overseas freight costs were not correctly recognized in its accounts following an operating system update earlier this year. The issue, which
3.2KThe U.S. National Highway Traffic Safety Administration (NHTSA) has opened a new investigation into 2.88 million Tesla vehicles running ‘Full Self-Driving’ (FSD). Officials say the system may be breaking traffic laws, and worse, causing accidents. According to Reuters, 58 reports describe Teslas blowing through red lights, drifting into the wrong lanes and even crashing at
1.5KTomahawks, Tomahawks, Tomahawks. That’s the word buzzing in the ears of Russian President Vladimir Putin, as President Donald Trump weighs providing America’s precision strike missile of choice to Ukraine. Since May, Trump has bombed the Houthis in Yemen, obliterated Iran’s nuclear facilities and hit narco-terrorist drug boats in the Caribbean. Putin has to realize that Tomahawks
