Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest customer, by more than half. The shipping giant said in its fourth-quarter earnings report that it “reached an agreement in principle with its largest…
Gold stocks have risen, even after the Federal Reserve decided to keep interest rates unchanged. So it wasn’t surprising to find a few gold mining stocks filtered in my StockCharts Technical Rank (SCTR) scan. (This scan was created using StockCharts’ Advanced Scan Workbench and can be found at the end…
The Federal Communications Commission (FCC) launched an investigation into media outlets PBS and National Public Radio (NPR) over member stations potentially airing ‘prohibited commercial advertisements,’ according to a letter obtained by The New York Times. ‘I am concerned that NPR and PBS broadcasts could be violating federal law by airing…
Kash Patel, Trump’s nominee to lead the FBI, ripped into ‘false accusations and grotesque mischaracterizations’ from Democrats on the Senate Judiciary Committee at his confirmation hearing on Thursday. Patel, a former public defender and DOJ official, was grilled by Sen. Amy Klobuchar, D-Minn., who accused Patel of having called for…
The Senate has confirmed President Donald Trump’s pick to lead the Interior Department, former North Dakota Gov. Doug Burgum. He secured confirmation with significant bipartisan support and a 79-18 vote. On Wednesday, senators voted by a 78–20 margin to close debate and move the nomination to a final vote. Burgum…
The Senate Thursday evening advanced President Donald Trump’s nominee to head the Department of Energy to a final confirmation vote. The vote was 62-35. Chris Wright, the CEO and founder of Liberty Energy Inc., an energy industry service provider based in Colorado, was tapped by the 47th president to head…
Conservatives on social media praised Kash Patel, President Donald Trump’s nominee for FBI director, after a thorny exchange with Sen. Amy Klobuchar, D-Minn., during his confirmation hearing on Thursday. That’s a general statement and a mischaracterization of what I said,’ Patel told Klobuchar in response to questioning about a past…
The top Republican on the Senate’s chief health committee, Sen. Bill Cassidy, R-La., indicated Thursday during Robert F. Kennedy Jr.’s second confirmation hearing of the week that his vote for Trump’s nominee to head Health and Human Services was not a lock, noting that he was ‘struggling’ to confirm Kennedy…
Kash Patel, President Donald Trump’s pick to head the FBI, pledged Thursday to work with a top Republican senator on exposing who worked with Jeffrey Epstein in trafficking and exploiting children. Sen. Marsha Blackburn, R-Tenn., quizzed Patel about how he would handle the Epstein case. The sex-trafficking financier died in…
The back-to-back combustible Senate confirmation hearings are over. But Robert F. Kennedy Jr., President Donald Trump’s nominee for secretary of the Department of Health and Human Services (HHS), still faces crucial committee and full Senate confirmation votes in his mission to lead 18 powerful federal agencies that oversee the nation’s…