• Reuters

    Biden to secure 200th judicial confirmation as election looms

    President Joe Biden is set to secure U.S. Senate confirmation of his 200th appointment to the federal judiciary on Wednesday, surpassing his Republican predecessor Donald Trump's pace even as the clock ticks toward their Nov. 5 election rematch. Reaching this milestone at this point in his presidency is evidence, according to Biden's allies, that he may achieve a goal his fellow Democrats not long ago fretted could be out of reach - matching Trump's tally of 234 judges appointed to life-tenured positions on the federal bench in four years in office. Challenges in confirming judicial nominees in the Senate, where Democrats hold a slim 51-49 majority, had left Biden behind Trump's pace at the start of this year.

  • Reuters

    Futures muted as Nvidia results, Fed minutes to test Wall St's record run

    All eyes will be on whether semiconductor bellwether Nvidia's first-quarter results, due after market close, can meet the market's sky-high expectations and sustain a rally in shares of the company and other AI-related stocks. Nvidia has emerged as the third-largest U.S. company by market value after a more than 92% surge in its shares this year and an over three-fold jump in 2023. "Despite the stock's incredible recent performance, there's tension in the market, with investors eager to see if Nvidia's impressive momentum from 2023 has carried into early 2024," said Sam North, analyst at investment platform eToro.

  • Moneywise

    Grant Cardone: ‘Math’ on Nancy Pelosi’s mega wealth doesn’t add up — why he’d ban lawmakers from trading stocks

    Are members of Congress “too close to the action” to trade fairly?