Investors are bailing on CorMedix (NASDAQ: CRMD) today after the biotech firm guided for up to $320 million in revenue for its fiscal 2026. The announcement isn’t sitting well with shareholders, primarily because CRMD’s topline was roughly $400 million in the prior year, according to the preliminary full-year financials it posted on Thursday. Simply put, […]
US stock indexes edged higher on Thursday after shaking off early morning weakness tied to mixed labor market signals and cautious investor positioning ahead of Friday’s employment report. The S&P 500 recovered from small opening losses to trade just barely positive, while the Dow led the session with a 0.6% gain, buoyed by rotations into […]
Tonight’s top headlines span geopolitics and global tech tensions. In Washington, the US Senate is moving to curb President Trump’s war powers by advancing a resolution that would require congressional approval before further military action in Venezuela. Meanwhile, Trump’s administration is entertaining an unusual proposal to pay Greenlanders to consider independence. China has launched a […]
The government plans to modify their business rate increase schedule for pubs through upcoming announcements, which will establish rate increase boundaries. The Treasury officials understand how venues face financial challenges because rateable value assessments have resulted in significant increases, which they are working to reduce. The policy change occurred because of continuous demands from property […]
President Donald Trump announced in an early Friday morning Truth Social post that he has ‘cancelled the previously expected second Wave of Attacks’ against Venezuela in light of the ‘cooperation’ between the foreign nation and the U.S. ‘Venezuela is releasing large numbers of political prisoners as a sign of ‘Seeking Peace.’ This is a very […]
President Donald Trump said on Thursday that he plans to meet with Venezuelan opposition leader Maria Corina Machado in Washington next week. During an appearance on Fox News’ ‘Hannity,’ Trump was asked if he intends to meet with Machado after the U.S. struck Venezuela and captured its president, Nicolás Maduro. ‘Well, I understand she’s coming […]
The House of Representatives passed a bill to revive and extend COVID-19 pandemic-era enhanced Obamacare subsidies in a major victory for Minority Leader Hakeem Jeffries, D-N.Y. Seventeen House Republicans broke ranks with GOP leaders to support the legislation after Democrats were successful in forcing a vote via a mechanism called a privileged resolution. The bill […]
A cadre of congressional Republicans dealt President Donald Trump significant defeats Thursday — a series of rebukes that demonstrate how his iron grip on Capitol Hill has weakened at the start of a critical election year. The defiance kicked off in the Senate with a stunning vote, backed by five GOP senators, to move ahead […]
The Senate unanimously approved a measure Thursday to display an existing plaque honoring the officers who protected the Capitol during the Jan. 6, 2021 riot. Congress passed a law in March 2022 mandating the plaque, but years later it has yet to be installed. Speaker Mike Johnson has argued the project is “not implementable,” and […]
The Trump administration is considering paying each Greenland resident thousands of dollars as part of a bid to encourage the territory to secede from Denmark and join the United States, according to Reuters. U.S. officials, including White House aides, have discussed payment figures ranging from $10,000 to $100,000, the outlet reported, citing sources. For an […]