Wall Street regains losses on ninth straight gain
Wall Street extended gains to a ninth straight day, the longest winning streak since 2004, as job data beat expectations and hopes for tariff deeskew rose. The S&P 500 rose 1.5 percent, Dow 1.4 percent, and Nasdaq 1.5 percent with broad participation. Microsoft and Nvidia led gains while Apple fell on tariff cost concerns.
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Microsoft
Nvidia
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Visa
America
White House outlines 2026 budget with deep spending cuts
The White House released President Trump's 2026 budget Friday, proposing sweeping reductions across domestic programs, cutting child care and research while expanding funding for mass deportations. It calls for a major IRS cut and a push to end woke programs, framed as a bold blueprint for his second term amid tariff-driven financial pressure and a looming fiscal clash with Democrats.
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Appropriations Committee
Supreme Court asked to allow DOGE access to Social Security data
The Trump administration asks the Supreme Court to pause a Maryland injunction and let Elon Musk's Department of Government Efficiency access Social Security personal data to target waste in federal agencies. The case, sparked by a judge's ruling, involves privacy protections for records on millions. The appeal, filed by Solicitor General John Sauer, argues the block disrupts executive decisions while unions and Democracy Forward press for the limit.
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NPR PBS chiefs vow to fight cuts to public funding
NPR and PBS leaders vowed to challenge President Trump's order to cease federal funding for PBS and NPR. They argued the move unlawfully targets public broadcasting and endangers national educational programming relied on by hundreds of local stations and Americans.
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PBS
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Paula Berger
Berger
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Corporation For Public Broadcast
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CPB
Congress
Patricia Harrison
Katherine Maher
Market movers shift on energy and fuel prices
Natural gas gained 5.46 percent to 3.667 dollars, orange juice rose 8.03 percent to 2.96 dollars, crude oil fell 1.45 percent to 58.38 dollars, and unleaded gas dropped 1.46 percent to 2.0235 dollars. Interest rates.
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Merck Co
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Honeywell
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Wells Fargo Co
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