US Politics & Business News
A difficult entry-level labor market is pushing increasing numbers of young Americans to pursue entrepreneurship rather than traditional employment paths. With fewer companies hiring at the junior level, many recent graduates are finding that launching their own ventures feels more viable than endless job searching. The rise of digital tools, low-cost platforms, and social media…
At a midterm campaign rally in Vandalia, Ohio, President Trump made a forceful case for data centers, framing the issue as a matter of national competitiveness against China. Trump warned that without these massive facilities, the United States risks falling behind in the global artificial intelligence race, which he has now taken to calling the…
U.S. stock futures were mixed early Thursday as Micron Technology (MU) delivered blowout fiscal fourth-quarter results, reigniting enthusiasm around the AI and semiconductor trade. Nasdaq futures climbed 0.6% as of 4:00 a.m. ET, while S&P 500 futures were flat and Dow and Russell 2000 futures each dipped 0.4%. Micron (MU) posted record fiscal Q4 results…
Falling real wages, soaring energy costs, and stubborn inflation are combining in a pattern that increasingly resembles the economic misery of the 1970s. Friday’s Labor Department figures show American paychecks shrinking after inflation, while job creation last month fell to less than a third of what economists had expected. Average hourly earnings rose just 0.13…
A federal judge in Oklahoma has ruled that a police deputy violated a woman’s Fourth Amendment rights by searching her license plate in an automated surveillance system without a warrant. U.S. District Judge Sara E. Hill issued the ruling on October 1, 2026, targeting Tulsa County sheriff’s deputy Freddie Alaniz and his use of Flock…
A routine executive compensation filing at AST SpaceMobile has ignited takeover speculation, sending shares sharply higher in early Wednesday trading. The board adopted a change-of-control severance arrangement covering CEO Abel Avellan and other senior executives, triggering immediate speculation among retail investors about a potential acquisition or strategic investment. The arrangement requires both a change of…
The Federal Reserve’s primary inflation measure posted a softer-than-expected reading in August, offering some relief to markets rattled by rising bond yields. The personal consumption expenditures price index rose a seasonally adjusted 0.3% for the month, placing the 12-month headline gain at 3.4%, below the 3.7% economists surveyed by Dow Jones had forecast. Excluding food…
Pennsylvania’s measles outbreak has reached 977 confirmed cases across 39 counties, according to a new update from the state Department of Health. The department reported 34 new cases since September 30, pushing the outbreak closer to a grim milestone not seen in the United States in decades. Five people have died from measles-associated causes in…
AST SpaceMobile (ASTS) stock has shed 31% since early July, closing at $58 on October 2 after a string of setbacks rattled investor confidence. The steepest single-session decline came on July 16, when shares plunged 17% following the company’s announcement of a $1 billion convertible notes offering the previous day. Convertible notes allow holders to…
Big technology names drove the Nasdaq Composite to a weekly gain as the Dow Jones Industrial Average and Russell 2000 both closed the week lower. The Dow finished at 51,094.96, up 0.33% on Friday but down 1.42% for the week, with an RSI14 of 38.1 signaling a weakening trend. The S&P 500 ended the week…