Storm clouds are seen above the White House as the edges of Hurricane Delta reach Washington, DC on October 10, 2020. Samuel Corum | Getty Images WASHINGTON — Foreign policy experts say President Donald Trump’s attacks on the vote-counting process in the wake of Election Day give a boost to […]
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Aurora Cannabis, other pot stocks surge as marijuana legalization spreads in the US
Employees tend to marijuana plants at the Aurora Cannabis Inc. facility in Edmonton, Alberta, Canada, on Tuesday, March 6, 2018. Jason Franson | Bloomberg | Getty Images Cannabis stocks continued their post-election rally on Friday after American voters in several states approved expanded use of marijuana. Aurora Cannabis led the […]
McConnell and Pelosi are once again at odds over the size of a coronavirus stimulus package
Speaker of the House Nancy Pelosi and Senate Majority Leader Mitch McConnell. Reuters The two most powerful people in Congress — at least for the next two months — renewed their calls for coronavirus stimulus on Friday. A relief deal could prove just as difficult to reach as it did […]
Trump campaign divided on path to victory, as some advisors push president to fight on
U.S. President Donald Trump is reflected as he arrives to speak about the 2020 U.S. presidential election results in the Brady Press Briefing Room at the White House in Washington, U.S., November 5, 2020. Carlos Barria | Reuters There is a growing rift within President Donald Trump’s campaign over the […]
Stocks slip as big post-election rally pauses, Wall Street still headed for best week in months
Stocks dipped on Friday as traders looked for clarity around the presidential and congressional election results. Sentiment was kept in check by better-than-expected U.S. unemployment data. The Dow Jones Industrial Average traded 64 points lower, or 0.2%. The S&P 500 fell 0.1% along with the Nasdaq Composite. Democratic nominee Joe […]
Watch this trucking play as industrial stocks gain momentum
It could be time to turn to trucking. As industrial stocks slowly pick up steam, up 6% since Monday and over 4% in the last month, they present an attractive alternative to this year’s soaring technology trade, TradingAnalysis.com founder Todd Gordon told CNBC’s “Trading Nation” on Thursday. “On a month-over-month […]
Stocks flat as big post-election rally pauses, Wall Street still headed for best week in months
Stocks were flat on Friday as traders looked for clarity around the presidential and congressional election results. Sentiment was kept in check by better-than-expected U.S. unemployment data. The Dow Jones Industrial Average traded 15 points lower, or less than 0.1%. The S&P 500 fell marginally. The Nasdaq Composite dipped 0.2%. […]
Democrat Mark Kelly projected to win Arizona Senate race, flipping a seat
Democratic U.S. Senate candidate Mark Kelly speaks at an election campaign party in Tucson, Arizona, U.S. November 3, 2020. Cheney Orr | Reuters Mark Kelly will win Arizona’s Senate race, NBC News projected Friday, flipping the second seat of the 2020 election for Democrats. As of midday, Kelly had a […]
Jobs report shows labor market stronger than expected, as economy faces new surge in Covid cases
The labor market was stronger than expected in October, showing good momentum ahead of the latest wave of coronavirus cases. The economy added 638,000 nonfarm payrolls and the unemployment rate fell by a full percentage point to 6.9%. The government compiled the data for the report in the middle of […]
Job growth stronger than expected in October, unemployment rate slides to 6.9%
Employment growth was better than expected in October and the unemployment rate fell sharply even as the U.S. faces the challenge of surging coronavirus cases and the impact they could have on the nascent economic recovery. The Labor Department reported Friday that nonfarm payrolls increased by 638,000 and the unemployment […]