House approves rescissions bill targeting public broadcasting
The House voted 216 to 213 to claw back about 9 billion dollars across public broadcasting and foreign aid at President Trump's request. Critics warn of executive overreach and lost bipartisan investments while supporters push fiscal restraint and urge signature by Trump.
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Washington
House
Donald Trump
Congress
Trump
Mike Johnson
R-La
Executive Branch
Senate
Jeffrey Epstein
Congressional Budget Office
U.S
Wall Street ends week with quiet market finish
Wall Street closed a quiet week with the S&P 500 slipping slightly and the Dow dropping 142 points while the Nasdaq inched up to a record. Merger talks sent Norfolk Southern up 2.5 percent as Union Pacific interest surfaced, though regulators would likely scrutinize any deal. Netflix tumbled 5.1 percent despite solid profits amid a year-to-date surge, while Exxon Mobil and Chevron faced pressure from sector moves. Bond yields eased as inflation expectations cooled and Treasuries steadied, with traders eyeing possible Fed rate cuts as comments from policymakers and Trump shaped rates outlook.
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New York
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Union Pacific
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Netflix
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University of Michigan
Joanne
Hsu
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Fed
Chris Waller
Donald Trump
Trump
Washington
CME Group
Europe
Asia
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Hang Seng
Tokyo
Nyse Comp
Asml Holding N.Y
S&p
At&t
Wilshire
Russell
AbbVie Inc
Abbott Laboratories
Treasuries
MONTR
Accenture PLC
Adobe
Amazon
American Express Co
Apple
Avient Corp. Bank of America
Berkshire Hatch B
Caterpillar
Chevron Corp
Cisco Systems Inc
Prime Fed
Coca-Cola Consolidated Ir
Costco Wholesale Corp
Darden Restaurants Inc
Disney
Eli Lilly and Company
Emerson Electric Co
Exxon Mobil
Wheat Fifth Third Bancorp
FirstEnergy Corp
Ford Motor Co
GE Aerospace
Goldman Sachs
Honeywell International
Huntington
Hill IBM
Cotton (Ib
Intuit Inc
Lumber
Intuitive Surgical Inc
Jpmorgan Chase & Co
Johnson & Johnson
Keycorp
Linde PLC
Lockheed Martin Corp
Lowe's
Meta Platforms Inc
Microsoft Corp
Morgan Stanley
Nnsource Inc
Nvidia Corp
Netflix Inc
Nordson Corp
Northrop Grumman Corp
Oracle Corp
PNC Financial Services Gr
Palantir Technologies Inc
Parker-Hannifin Corp
PepsiCo
Philip Morris Internat. Inc
Procter & Gamble
Qualcomm Inc
RPM International Inc
RTX Corp
Royal Bank of Canada
Salesforce Inc
Sherwin-Williams
Six Flags Entertainment C
Smucker
T-Mobile
Tesla Inc
Texas Instruments
UPS
UnitedHealth Group Inc
VISA
Verizon
Walmart
Wells Fargo
Wendy's
Job Gains Outpace Expectations in Strong U.S. Labor Payrolls
The July labor market shows a 4.1 percent unemployment rate, down from 4.2 percent, with gains larger than expected. Initial claims dropped to 221,000, a three month low, amid ongoing effects from tariffs and policy uncertainty tied to President Trump.
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Trump
Washington
U.S
Labor Department
Donald Trump
Tariffs draw economists warns on costs and retaliation
The piece argues aggressive tarifs raise prices for businesses and consumers. Most economists say import duties reduce efficiency by limiting competition and invite retaliation that harms U.S. exporters and may prompt firms to freeze hiring or cut staff.
MENTIONED IN THIS ARTICLE
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U.S
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