US President Donald Trump blamed Democrats for Wall Street’s sharp sell-off following the 2026 midterm elections, claiming the market’s decline had wiped out gains in Americans’ retirement savings, while insisting the economy would soon recover. Trump calls market rout one of history’s worst, blames Democrats for election fallout. (Bloomberg) In a post on Truth Social … Read more
US stocks fell sharply on Thursday, with technology and semiconductor shares leading the losses. The Nasdaq was on track to enter correction territory as investors sold shares of chipmakers and companies linked to artificial intelligence (AI) data centres. US stocks fall as Nasdaq, Dow and S&P 500 decline amid losses in chip and AI data … Read more
Oil prices fell sharply on Wednesday, November 4, after US Vice President JD Vance blamed the war against Iran for the Republican Party’s losses in the US midterm elections. Crude oil prices fall sharply as JD Vance blames Iran war for Republican losses in midterm elections. (Pexel) US West Texas Intermediate (WTI) crude oil futures … Read more
US citizenship approvals have plunged 72% in the first eight months of 2026 compared with the same period last year, leaving thousands of immigrants waiting to become American citizens and potentially unable to vote in the November midterm elections, according to a Washington Post report. US citizenship approvals have plunged 72% in the first eight … Read more
The S&P 500 could face another major downturn if rising oil prices push inflation higher and force the US Federal Reserve to keep raising interest rates. The index last entered bear-market territory in 2022 and 2023, when high inflation led the Fed to aggressively increase interest rates. Tesla stock could face pressure if rising oil … Read more