The MAGA civil war surrounding House Freedom Caucus Chair Bob Good’s (R-Va.) primary in Virginia’s 5th Congressional District is coming to a head, pitting usual bedfellows against each other. The intraparty battle has positioned former President Trump against some of his key allies, including his former chief strategist Steve Bannon and Reps. Matt Gaetz (R-Fla.) […]
Tag: climax
As Norfolk Southern battle nears climax, STB head Oberman backs management
Activist investor Ancora Holdings wants to replace much of the leadership of Norfolk Southern. (Photo: Jim Allen/FreightWaves) It’s uncertain whether it will change any minds this late in the game, but the outgoing head of the Surface Transportation Board has made it clear he supports keeping Norfolk Southern’s existing management in place. In a speech […]
Dow Futures: Nvidia Earnings Are Huge Test For AI-Led Rally; Super Micro Suffers Climax Top
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures, with Nvidia (NVDA) looming large. X The stock market rally held up relatively well this past week amid hot inflation reports. The Nasdaq fell solidly, but off weekly lows. The S&P 500 and Dow Jones declined modestly while the Russell […]
Race to succeed George Santos in Congress reaches stormy climax in New York’s suburbs
An unusual special election in New York City’s suburbs on Tuesday could be a bellwether in the fight for control of Congress. Former U.S. Rep. Tom Suozzi, a Democrat, faces off with Republican Mazi Pilip, a county lawmaker, in a race for a House seat that became vacant when George Santos was expelled from Congress. […]