The stock market is afraid, but there are pockets of strength if you know where to look
CNN
Investors are very nervous about what's next for America's economy, with market fear gauges spiking. But there are still some bright spots for investors seeking companies that may still report healthy earnings even in a further-weakened economy.
The market is grappling with a lot: interest rate hikes to fight soaring inflation, sharply increasing bond yields, worries about Covid shutdowns in China, fears over Russia's invasion of Ukraine and more.
As a result the tech-heavy Nasdaq is in a bear market, having plunged more than 20% in 2022, and the Dow and S&P 500 have each fallen sharply this year as well. The CNN Business Fear & Greed Index, which measures seven gauges of investor sentiment, is in Fear mode and not far from Extreme Fear levels.
House Republicans unveiled a narrow health care package on Friday that does not extend soon-to-expire enhanced Affordable Care Act subsidies — the latest sign that Congress is unlikely to avert skyrocketing insurance premiums for millions of Americans in the new year.
The Department of Labor held a Christian prayer service for its employees this week, TKTKTK this is highly unusual.
The Justice Department sued Fulton County, Georgia, on Friday, seeking records related to the 2020 election as efforts continue to prove President Donald Trump’s false claims that the election was stolen from him.
Adm. Alvin Holsey, the commander of US Southern Command who reportedly clashed with Defense Secretary Pete Hegseth over the legality of the US military strikes in the Caribbean, officially retired on Friday in a ceremony in Floria where he handed the reigns of the command to his deputy.
The nation’s top historic preservation group said Friday it was suing the Trump administration to block construction of President Trump’s planned 90,000 square-foot ballroom until review boards weigh in on the massive project.
The 1980 US Olympic men’s ice hockey team defied nearly insurmountable odds to defeat the Soviet Union, the world’s largest hockey superpower, propelling them to win a gold medal and the nation’s adulation.
Venezuelan opposition leader María Corina Machado said Friday that she is focused on an orderly transition of power in her country should President Nicolás Maduro leave power, and is confident that Venezuela’s police and armed forces would not oppose such a transition.
The Venezuelan government said the US administration has unilaterally suspended deportation flights from the United States that were due to land on Friday.
Democrats on the House Oversight Committee have released photos from Jeffrey Epstein’s estate Friday showing the many powerful figures in the late sex trafficker’s orbit, including President Donald Trump, former President Bill Clinton, Steve Bannon, Bill Gates, Richard Branson and others.
A federal judge has temporarily blocked the Trump administration from once again detaining Kilmar Abrego Garcia, hours after the judge ordered him to be released from an immigration detention facility.
The murder trial of Brian Walshe, who is accused of killing and dismembering his wife in 2023, continues. Follow for live news updates
The Justice Department’s mortgage fraud investigation into New York Attorney General Letitia James is on life support after a grand jury, for the second time, rejected an indictment that would have revived charges against her.
A little-known civil rights office in the Department of Education that helps resolve complaints from students across the country about discrimination and accommodating disabilities has been gutted by the Trump administration and is now facing a ballooning backlog, a workforce that’s in flux and an unclear mandate.