US Politics & Business News
Governors in New York and New Jersey have declared states of emergency as a significant nor’easter brings heavy rain, strong winds, and dangerous flooding to the region. New York Governor Kathy Hochul and New Jersey Governor Mikie Sherrill both announced Friday they would issue emergency declarations ahead of the weekend storm. “I’m declaring a State…
AST SpaceMobile, Inc. (ASTS) closed at $61.06 in the latest trading session, representing a solid gain of 1.8% from the previous day’s closing price. The stock outperformed the S&P 500, which posted a marginal daily loss of 0.03%, demonstrating relative strength against broader market weakness during the session. The Dow Jones Industrial Average declined by…
RTX (RTX) closed the most recent trading session at $188.61, representing a decline of 1.86% from the prior trading day. That drop significantly lagged the S&P 500, which recorded a modest daily loss of just 0.03% during the same session. The Dow Jones Industrial Average fell 0.31% on the day, while the Nasdaq, a tech-heavy…
The bond market is sending conflicting signals to the Federal Reserve, forcing policymakers into a difficult balancing act that could determine the economy’s trajectory. Treasury yields continued climbing Thursday as investors priced in persistently elevated inflation, rising energy costs, and the financial pressures of a global artificial intelligence investment arms race. The Fed has historically…
A federal judge has ordered the White House to immediately restore press credentials for reporters at CNN, MS NOW, and Politico, ruling the ban likely violated constitutional due process rights. U.S. District Judge Timothy Kelly handed down the ruling in the early hours of Thursday morning, following an emergency hearing on the outlets’ joint lawsuit….
AST SpaceMobile (NASDAQ: ASTS) is racing to build a commercial satellite network capable of competing with SpaceX and its dominant Starlink service. SpaceX (NASDAQ: SPCX) already operates a fully functioning satellite network, making AST SpaceMobile’s path to competition a genuinely difficult undertaking. A series of launch disruptions forced AST SpaceMobile to push its 45-satellite deployment…
RTX Corporation (RTX) has emerged as one of the most searched-for stocks on Zacks.com, signaling growing investor curiosity about the aerospace and defense giant. Over the past month, RTX shares have returned -9.2%, underperforming the Zacks S&P 500 composite, which posted a gain of +1.3% over the same stretch. The broader Zacks Aerospace – Defense…
Rising Treasury yields are sending shockwaves through the U.S. economy, threatening to raise borrowing costs for millions of Americans already under financial pressure. The 10-year note yield hit 5.125% this week, a level not seen since before the global financial crisis, while the 2-year note climbed more than 13 basis points past 4.9%. Traders are…
Federal Reserve Governor Michael Barr said Tuesday that persistently high inflation could earn his vote for higher interest rates at the next policy meeting. “If inflation appears not to be moderating sufficiently, then I think we should act decisively to raise rates,” Barr said in prepared remarks at the Second Chance Lending Forum in Washington….
D-Wave Quantum (QBTS) is aggressively expanding its quantum computing footprint through a combination of government funding, new partnerships, and commercial deployments. The company has executed a definitive agreement with the U.S. Department of Commerce, providing access to up to $100 million in funding under the U.S. CHIPS and Science Act. This agreement is based on…