Stocks surge thanks to big rally for JPMorgan Chase and other banks
CNN
Investors took a break from selling in May and going away, for one day at least.
Stocks soared Monday, as positive news about earnings from banking powerhouse JPMorgan Chase and comments from President Joe Biden about the possibility of lifting some US tariffs on China boosted sentiment on Wall Street.
The Dow gained nearly 620 points Monday, a gain of about 2%. Dow component JPMorgan Chase (JPM) surged 6% after the Wall Street giant raised its outlook for interest income, a key measure of profitability.
An urgent diplomatic intervention is awaiting President Donald Trump in Davos after days spent hurling threats at US allies over Greenland.
The Justice Department appealed a judge’s ruling that federal agents in Minnesota can’t arrest or use pepper spray on peaceful protesters or stop people in their cars without cause. Follow here for the latest.
Second lady Usha Vance and Vice President JD Vance are expecting a baby this summer, the couple announced Tuesday.
Canadians woke up Tuesday to an all-too-familiar troll ripping through their social media feeds. US President Donald Trump shared an image on Truth Social depicting him speaking to European leaders with an AI-generated map in the background, showing the US flag plastered over Canada, Greenland, and Venezuela.
Top Justice Department officials pushed the FBI to investigate political campaigns in Minnesota over whether they illegally benefited from fraud in public service organizations, according to two people familiar with the internal discussions.
A federal judge on Tuesday ripped into Lindsey Halligan, President Donald Trump’s personal choice as the top federal prosecutor in the Eastern District of Virginia, after she used unusually sharp language to push back on the judge’s questioning of her authority, saying the “unnecessary rhetoric” had “a level of vitriol more appropriate for a cable news talk show.”
Mikie Sherrill, the four-term congresswoman and former Navy helicopter pilot who cast her November election in New Jersey as a victory over President Donald Trump’s vision for the country, was inaugurated Tuesday as the state’s 57th governor.
Kathy Ruemmler, now the top lawyer at Goldman Sachs, acted as a key legal adviser to Jeffrey Epstein, new court filings suggest.
The state rested its case against Adrian Gonzales, the former Uvalde school police officer who was first on scene at the Robb Elementary massacre in 2022 but Texas prosecutors say failed to delay or stop the killer.
Republican Rep. Julia Letlow has launched a run for US Senate in Louisiana, taking advantage of President Donald Trump’s endorsement to launch a primary battle against incumbent GOP Sen. Bill Cassidy, a source familiar with the matter said.
It’s been one year of the second Trump administration. In that time, the government has mastered memes. Happy anniversary!
From an explosive sit-down with the leader of war-torn Ukraine to an unexpectedly friendly meeting with a Democratic socialist mayor-elect, the Oval Office has hosted some of the most dramatic moments of President Donald Trump’s first year back in office.
Welts, watery eyes, temporary blindness: Zoom in on crowd control tactics used against protesters