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Trump's Trade War May Lead To GOP's Massive Downfall In 2026, Warn Republican Senators
Monday, April 14, 2025 - 9:40am | 610Republican senators have voiced their apprehensions about the potential political fallout of President Donald Trump‘s ongoing trade war on the GOP’s prospects in the 2026 elections. What Happened: Republican lawmakers are drawing comparisons with the 1932 and 1982 elections, where trade...
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GOP Senators Call Trump's 25% Canada Tariff A 'Huge Mistake' As Republican Opposition Grows, Markets Fear Economic Disruption
Tuesday, April 1, 2025 - 2:40am | 623Several Republican senators are poised to join Democrats in opposing President Donald Trump‘s proposed 25% tariffs on Canada, as market experts warn of potential economic fallout ahead of Wednesday’s anticipated trade announcement. What Happened: Sen. Susan Collins (R-Maine) confirmed...
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Elon Musk's Expanding Government Role 'Far Beyond' Appropriate, GOP Senator Warns
Thursday, February 6, 2025 - 9:36am | 574Sen. Susan Collins, R-Maine, chair of the Senate Appropriations Committee is among the first Republican lawmakers to openly express concerns over the growing influence of billionaire Elon Musk within the Trump administration and across federal agencies. "There's no doubt that the president appears...
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Top 10 Stock Traders In Congress For 2024: How Nancy Pelosi, Pete Sessions, Susan Collins, Marjorie Taylor Greene Rank
Tuesday, January 7, 2025 - 4:57pm | 1240The trading activity of Congress members is drawing increasing attention from retail traders and political analysts, with platforms like Benzinga's Government Trades page providing detailed analysis of their trades. A new report shows that several members of Congress beat the overall market by a...
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US Stocks Set To Open Marginally Lower, Nvidia Gains, Traders Eye Fed Minutes: Strategist Predicts Many More Years Of Gains Ahead Of Bull Market's 2nd Anniversary
Wednesday, October 9, 2024 - 7:29am | 1416See-sawing mood persists on Wall Street as the index futures point to a marginally lower start on Wednesday after the tech-led rebound witnessed in the previous session. Nvidia Corp. (NASDAQ:NVDA) is advancing in premarket and the rest of the big techs were just about higher. Commodities are...
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US Stocks Poised To Bounce Back As Bond Yields Dip, Oil Prices Slide, PepsiCo Pulls Back: Set-up 'Quite Positive' For Equities, Says Economist
Tuesday, October 8, 2024 - 7:12am | 1442Wall Street is gearing up for a firmer start on Tuesday after stocks pulled back sharply in the previous session. The index futures firmed up amid a pullback in the 10-year Treasury note yield and dovish comments issued by a Federal Reserve official. Speaking at a European Central Bank event in...
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US Stocks Set For Shaky Start Ahead Of JOLTS Data, Nike Earnings: Strategist Says These 3 Structural Drivers Support 'Buying The Dip'
Tuesday, October 1, 2024 - 6:54am | 1395Stocks are gearing up for another nervy start on Tuesday after they scrapped through in the previous session to finish a seasonally weak September on a high. Some strategists point to the unusual September gains as a testament to the market’s resilience. The unequivocal belief is the gains...
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US Stocks Set For Strong Start, Micron Jumps, China Commits More Stimulus: Strategist Flags 'Tremendous' Gains Near Term
Thursday, September 26, 2024 - 6:59am | 1561Micron, Inc.’s (NASDAQ:MU) earnings could revitalize the sagging market momentum, with the index futures trading notably higher early Thursday. The risk-on mood was evident across the global markets as China’s commitment to stimulate the domestic economy encouraged traders. The markets...
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Fed Officials Signal Openness To Rate Cuts Ahead Of Powell's Jackson Hole Speech: 'Timing Seems Appropriate'
Thursday, August 22, 2024 - 4:22pm | 673Members of the Federal Reserve are hinting at a potential shift towards lowering interest rates, with Boston Fed President Susan Collins and Philadelphia Fed President Patrick Harker both indicating that the central bank might begin easing rates as soon as September. Their comments came just...
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S&P 500 Erases Weekly Losses, Nasdaq 100 Ends 4-Week Slide As Bulls Regain Momentum: Friday's Stock Movers At The Close
Friday, August 9, 2024 - 4:13pm | 683The S&P 500 index rose 0.4% to close at 5,344 points on Friday, notching its second consecutive day of gains and fully wiping out the weekly losses in what initially appeared to be a sharply bearish and volatile week. On Monday, the S&P 500 opened more than 5% lower than the previous...
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Privacy vs. Policing: Maine's Electric Company's Plan To Expose Illegal Cannabis Grows Sparks Debate
Thursday, August 8, 2024 - 1:45pm | 681As Maine grapples with the expansion of illegal cannabis grow houses hidden in rural settings, a new proposal by Versant Power to report unusually high electricity consumption directly to law enforcement has sparked a debate over privacy rights and the role of utility companies. Versant Proposes...
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Veteran Senator Susan Collins Says She Won't Vote For Trump In November But Gets Slammed For Her Choice For President: 'Simply Amazed By Her Spectacular Uselessness'
Saturday, July 13, 2024 - 12:14pm | 476Once again, Donald Trump will most likely not receive the backing of the only New England Republican in Congress as he runs for the presidency again. What Happened: “I will not be voting for either candidate. I am going to write in Nikki Haley's name,” Sen. Susan Collins (R-Maine) told...
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Fed Members Cool On Raising Interest Rates: 'These Conditions Could Take Months, And More Likely Quarters To Play Out'
Tuesday, June 18, 2024 - 6:10pm | 1624Members of the Federal Reserve have indicated that they are in no rush to raise interest rates in speeches given on Tuesday. “We’re Clearly On The Backside Of Inflation“ Federal Reserve Bank of Richmond President Thomas Barkin said he needs to see more progress in getting...
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Wall Street Looks Jaded After Record Run As Traders Shift Focus To Retail Sales Data, Fed Speeches: 'FOMO Still Rules The Market For AI-Related Stocks,' Says Analyst
Tuesday, June 18, 2024 - 7:30am | 1559Tech optimism hasn’t worn out yet, with the Nasdaq futures pointing to a strong start for these stocks, while the Dow and S&P 500 futures were modestly lower. Sentiment going into the session will largely hinge on the retail sales report that is due ahead of the market open and a slew of...
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GOP Sen. Collins Grills FBI On 'Serious Problem' Of Chinese Organized Crime In Illegal Cannabis Cultivation In Maine
Friday, June 7, 2024 - 11:04am | 502U.S. Sen. Susan Collins (R-Maine) continues to push federal authorities for more information about illegal marijuana growing operations in Maine and China’s potential involvement. Last month she appealed to Secretary of State Antony Blinken. This week, the FBI got a grilling...