US Politics & Business News
RTX Corporation (RTX) has delivered a remarkable five-year return of 169.7%, yet current valuation signals are sending a notably mixed message to investors. A Discounted Cash Flow analysis points to meaningful undervaluation, while traditional earnings-based multiples suggest the stock is priced closer to fair value. The DCF model estimates an intrinsic value near $233 per…
Federal Reserve Governor Christopher Waller said Thursday he is inclined to keep interest rates unchanged at the central bank’s September meeting, barring any surprise inflation data. Waller expressed confidence in current inflation trends, arguing that tariff impacts have likely been muted and higher energy prices have not significantly affected other parts of the economy. His…
Dolly Parton kept her cancer diagnosis a closely guarded secret before her death at age 80, her niece has confirmed publicly for the first time. Jada Star, 47, told Extra that the family made a deliberate decision to shield the beloved country icon’s health struggles from the public eye. “You know, we kind of kept…
AST SpaceMobile (ASTS) develops constellations of low Earth orbit satellites that help telecom companies like AT&T and Verizon expand wireless coverage to remote areas beyond terrestrial tower reach. The company has launched 13 of its BlueBird satellites to date, with 12 currently operating in orbit and production advancing through BlueBird satellite 42. ASTS stock closed…
The economic model underpinning Big Tech’s dominance is under serious strain as artificial intelligence forces a fundamental rethinking of how these companies are valued. For years, the largest technology platforms were celebrated as asset-light businesses, generating enormous profits without the burden of heavy physical infrastructure investment. That model is now giving way to something far…
Democrats across the country are sharpening a new political attack line, targeting Republican opponents over their support for data center development and associated tax breaks. The strategy reflects growing public concern about the energy demands, land use, and economic promises tied to the rapid expansion of AI infrastructure nationwide. In Ohio, Democratic Senate candidate Sherrod…
President Trump signed the “Continuing Appropriations and Extensions Act, 2027” into law on Wednesday, temporarily averting a government shutdown ahead of the September 30 deadline. The signing ensures federal agencies remain funded through at least December 11, carrying the government past November’s midterm elections before another funding deadline arrives. The stopgap measure cleared both chambers…
U.S. stock indices finished Wednesday on a positive note after oil prices halted their advance, giving investors reason to reassess inflation risks and rate hike prospects. The S&P 500 (SPY) closed 0.5% higher, the Nasdaq 100 (QQQ) added 0.2%, and the Dow Jones Industrial Average (DIA) gained 0.6% on the session. Dell Technologies (DELL) led…
South Korea’s semiconductor sector delivered a staggering export surge in August, pushing the country’s overall trade figures to historic levels. Semiconductor exports jumped 209% from a year earlier to a record $46.65 billion in August, accounting for 47.5% of the country’s $98.25 billion in total goods exports that month. The Ministry of Trade, Industry and…
An engine failed aboard a US Coast Guard aircraft carrying Department of Homeland Security Secretary Markwayne Mullin, forcing an emergency landing Wednesday afternoon. The pilot of Coast Guard flight 101 radioed air traffic controllers at Ronald Reagan Washington National Airport with an urgent message, captured in a recording by ATC.com. “We just lost our right…