Category Archives: WMAL News Now

U.S. stocks soar above global markets, giving investors solid path for growth

U.S. stocks soar above global markets, giving investors solid path for growth

NEW YORK (AP) — U.S. markets are far outpacing their global counterparts in 2024, continuing a decade-long trend of strong growth compared with the rest of the world. The S&P 500 is up 10% for the year, compared to just 4% for developed markets outside the U.S. Since 2019 the S&P has gained 48%, compared to just 10% for other developed markets, according to the MSCI, a benchmark of global stocks…Read more

Stock market today: Wall Street weakens as bond yields ease ahead of inflation report

Stock market today: Wall Street weakens as bond yields ease ahead of inflation report

NEW YORK (AP) — U.S. stock indexes are swinging from gains to losses on Tuesday, as traders make their final moves before several potentially market-moving reports later in the week. The S&P 500 was 0.3% lower in morning trading after erasing an early, modest gain. The Dow Jones Industrial Average was down 139 points, or 0.4%, as of 10:35 a.m. Eastern time, and the Nasdaq composite was 0.2% lower…Read more

Trump’s campaign said it raised a record $50.5 million at a Florida fundraiser

Trump’s campaign said it raised a record $50.5 million at a Florida fundraiser

NEW YORK (AP) — Donald Trump’s campaign said it raised $50.5 million on Saturday, a staggering reported haul as his campaign works to catch up to the fundraising juggernaut of President Joe Biden and the Democratic Party. The reported haul from the event with major donors at the Palm Beach, Florida, home of billionaire investor John Paulson sets a new single-event fundraising…Read more

Stock market today: Wall Street holds steadier after last week’s sharp swerves

Stock market today: Wall Street holds steadier after last week’s sharp swerves

NEW YORK (AP) — U.S. stocks are drifting in relatively quiet trading Monday after a roller-coaster end to last week left them a bit shy of their records. The S&P 500 was 0.1% lower in midday trading, coming off a stretch where a 1.2% drop immediately flipped to a 1.1% gain. The Dow Jones Industrial Average was down 23 points, or 0.1%, as of 12:15 p.m. Eastern time, and the Nasdaq composite was 0.1% lower…Read more

House Speaker Mike Johnson will send Mayorkas impeachment to the Senate next month

House Speaker Mike Johnson will send Mayorkas impeachment to the Senate next month

WASHINGTON (AP) — House Speaker Mike Johnson on Thursday indicated he will send articles of impeachment against Homeland Security Secretary Alejandro Mayorkas to the Senate shortly after Congress returns to Washington next month. The Republican speaker said he would send the two articles on April 10. Senate Majority Leader Chuck Schumer plans to swear in…Read more

Tax changes small business owners should be aware of as the tax deadline looms

Tax changes small business owners should be aware of as the tax deadline looms

As Tax Day approaches, there are plenty of things small business owners should keep in mind when filing taxes this year. April 15 is still the annual tax deadline for many small businesses although, unlike individuals, small businesses can have varying deadlines depending on the type of company, the state the taxes are filed in, and other factors. Quarterly estimated tax payments…Read more

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Category Archives: WMAL News Now

U.S. stocks soar above global markets, giving investors solid path for growth

U.S. stocks soar above global markets, giving investors solid path for growth

NEW YORK (AP) — U.S. markets are far outpacing their global counterparts in 2024, continuing a decade-long trend of strong growth compared with the rest of the world. The S&P 500 is up 10% for the year, compared to just 4% for developed markets outside the U.S. Since 2019 the S&P has gained 48%, compared to just 10% for other developed markets, according to the MSCI, a benchmark of global stocks…Continue Reading

Mayorkas impeachment trial set to start in Senate this week, but may be over before it starts

Mayorkas impeachment trial set to start in Senate this week, but may be over before it starts

WASHINGTON (AP) — House Republicans will bring their case against Alejandro Mayorkas to the Senate this week, two months after impeaching the Homeland Security secretary. It will be the third time in five years that senators are sworn in as jurors in the court of impeachment…Continue Reading

GOP’s Marjorie Taylor Greene delivers fresh threats of ousting Speaker Johnson in scathing rebuke

GOP’s Marjorie Taylor Greene delivers fresh threats of ousting Speaker Johnson in scathing rebuke

WASHINGTON (AP) — Hard-right Rep. Marjorie Taylor Greene is escalating her criticism of House Speaker Mike Johnson, blistering his leadership in a lengthy letter to colleagues and renewing threats of a snap vote that could remove him from office…Continue Reading

Stock market today: Wall Street weakens as bond yields ease ahead of inflation report

Stock market today: Wall Street weakens as bond yields ease ahead of inflation report

NEW YORK (AP) — U.S. stock indexes are swinging from gains to losses on Tuesday, as traders make their final moves before several potentially market-moving reports later in the week. The S&P 500 was 0.3% lower in morning trading after erasing an early, modest gain. The Dow Jones Industrial Average was down 139 points, or 0.4%, as of 10:35 a.m. Eastern time, and the Nasdaq composite was 0.2% lower…Continue Reading

Trump’s campaign said it raised a record $50.5 million at a Florida fundraiser

Trump’s campaign said it raised a record $50.5 million at a Florida fundraiser

NEW YORK (AP) — Donald Trump’s campaign said it raised $50.5 million on Saturday, a staggering reported haul as his campaign works to catch up to the fundraising juggernaut of President Joe Biden and the Democratic Party. The reported haul from the event with major donors at the Palm Beach, Florida, home of billionaire investor John Paulson sets a new single-event fundraising…Continue Reading

Biden could miss the deadline for the November ballot in Ohio, the state’s election office says

Biden could miss the deadline for the November ballot in Ohio, the state’s election office says

TOLEDO, Ohio (AP) — President Joe Biden could be left off the ballot in Ohio this fall unless the state’s Republican-dominated legislature creates an exception to the ballot deadline or the Democratic Party moves up its convention, according to the office that oversees the state’s elections…Continue Reading

Stock market today: Wall Street holds steadier after last week’s sharp swerves

Stock market today: Wall Street holds steadier after last week’s sharp swerves

NEW YORK (AP) — U.S. stocks are drifting in relatively quiet trading Monday after a roller-coaster end to last week left them a bit shy of their records. The S&P 500 was 0.1% lower in midday trading, coming off a stretch where a 1.2% drop immediately flipped to a 1.1% gain. The Dow Jones Industrial Average was down 23 points, or 0.1%, as of 12:15 p.m. Eastern time, and the Nasdaq composite was 0.1% lower…Continue Reading

The Trump camp and the White House clash over Biden’s recognition of ‘Transgender Day of Visibility’

The Trump camp and the White House clash over Biden’s recognition of ‘Transgender Day of Visibility’

WASHINGTON (AP) — President Joe Biden is facing criticism from Donald Trump’s campaign and religious conservatives for proclaiming March 31 — which corresponds with Easter Sunday this year — as “Transgender Day of Visibility.” The Democratic president issued the proclamation on Friday, calling on “all Americans to join us in…Continue Reading

House Speaker Mike Johnson will send Mayorkas impeachment to the Senate next month

House Speaker Mike Johnson will send Mayorkas impeachment to the Senate next month

WASHINGTON (AP) — House Speaker Mike Johnson on Thursday indicated he will send articles of impeachment against Homeland Security Secretary Alejandro Mayorkas to the Senate shortly after Congress returns to Washington next month. The Republican speaker said he would send the two articles on April 10. Senate Majority Leader Chuck Schumer plans to swear in…Continue Reading

Tax changes small business owners should be aware of as the tax deadline looms

Tax changes small business owners should be aware of as the tax deadline looms

As Tax Day approaches, there are plenty of things small business owners should keep in mind when filing taxes this year. April 15 is still the annual tax deadline for many small businesses although, unlike individuals, small businesses can have varying deadlines depending on the type of company, the state the taxes are filed in, and other factors. Quarterly estimated tax payments…Continue Reading

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