US Politics & Business News
Investors searching for a safe, inflation-beating return may be overlooking one of the most straightforward deals the U.S. Treasury currently offers. Series I Savings Bonds, commonly known as I Bonds, are a government-backed investment designed specifically to protect against the erosion of purchasing power. The current composite rate on I Bonds stands at 4.26%, a…
Bell Canada has finished construction of its first sovereign direct-to-device satellite ground station, located in Quebec, marking a significant step toward nationwide connectivity. The facility connects with AST SpaceMobile’s (ASTS) growing constellation of satellites and has already begun active testing across a range of communication functions. Bell successfully completed integration testing that included text messaging,…
Pratt & Whitney, a business unit of RTX (NYSE: RTX), is expanding its engine inspection operations through the acquisition of Amsterdam-based Aiir Innovations. The deal brings AI-assisted borescope software into Pratt & Whitney’s global maintenance, repair and overhaul infrastructure for commercial, civil and military engines. Borescope inspections involve inserting a camera into an engine to…
AST SpaceMobile, Inc. (ASTS) closed Tuesday’s trading session at $68.82, advancing 1.83% from the prior day’s closing price. The move outpaced the S&P 500, which posted a modest daily gain of 0.38% during the same session. The Dow Jones Industrial Average edged up just 0.02%, while the tech-heavy Nasdaq Composite climbed 0.9% on the day….
Wall Street is heading into the second-quarter earnings season with unusually high expectations, forecasting S&P 500 earnings growth of 26.2% year over year. That figure represents the strongest consensus growth forecast heading into any earnings season outside of post-recession recovery periods, making the bar exceptionally high. What makes this cycle even more striking is that…
Shares of AST SpaceMobile (ASTS) snapped a three-session losing streak on Tuesday after the company confirmed its next BlueBird satellite launch was “imminent.” ASTS stock climbed 2% during Tuesday’s session, with shares adding another 0.4% in overnight trading late Tuesday. The company announced on X that BlueBird 11 had arrived at Cape Canaveral, with two…
RTX (RTX) closed the most recent trading session at $193.39, posting a decline of 1.53% from the prior day’s closing price. The drop stood in contrast to a broader market rally, with the S&P 500 advancing 0.38% during the same session. The Dow Jones Industrial Average edged up 0.02%, while the technology-heavy Nasdaq gained a…
Netflix (NFLX) has raised subscription prices for the second time in just over 14 months, drawing sharp criticism from lawmakers and consumer advocates across the country. The streaming giant increased its standard ad-supported plan to $8.99 per month, up from $7.99, while its ad-free standard tier climbed to $19.99 from $17.99 per month. The premium…
IonQ (IONQ) shares have tumbled 36.4% over the past month, significantly underperforming other pure-play quantum computing stocks across the sector. Rival quantum companies have also struggled, with Rigetti Computing (RGTI) down 32.3%, D-Wave Quantum (QBTS) falling 28.9%, and Quantum Computing Inc. (QUBT) declining 27.9% over the same period. The sector-wide weakness arrives despite Washington intensifying…
Cyclosporiasis, an intestinal infection caused by the cyclospora parasite, is spreading at an unusually high rate across the United States this season. The infection typically picks up during summer months, but health officials say this year’s outbreak is more severe than usual, with mysterious clusters emerging in several regions. On July 14, the U.S. Centers…