US Politics & Business News
IonQ (NYSE: IONQ) currently trades at $43.87, sitting nearly 50% below its 52-week high as losses widen and shareholders absorb significant dilution. Two sell-side firms, B. Riley Securities and Rosenblatt Securities, maintain a Street-high price target of $100.00, implying upside of 127.9% from current levels. The Wall Street average price target across 13 analysts stands…
Scott Rubner, head of equity and equity derivatives strategy at Citadel Securities, says October offers investors a better entry point after September’s sharp cooldown. Rubner outlined three core reasons why investors should add exposure to U.S. stocks heading into the fourth quarter of 2026. His argument centers on cleared positioning, improving seasonality, and the return…
The Department of Justice has formally accused the University of California, Los Angeles School of Law of illegally using race in its admissions process. Federal officials allege the school discriminated against white and Asian applicants in favor of Black and Hispanic students across multiple admissions cycles. The Trump administration has leveled similar allegations against UCLA’s…
AST SpaceMobile (ASTS) shares rose 1% overnight Thursday after fresh regulatory filings revealed a new senior commercial executive and a substantial equity award. The filings identified Wayne Thorsen as AST SpaceMobile’s executive vice president and chief commercial officer, signaling a major leadership addition as the company advances toward full commercialization. A separate Form 4 disclosed…
S&P Dow Jones Indices has announced its latest round of changes to the S&P 500, with three new companies set to enter the benchmark index effective September 21, 2026. The additions will take effect prior to the open of trading on Monday, coinciding with the index’s scheduled quarterly rebalance. Bloom Energy (NYSE: BE), Everpure (NYSE:…
Senator Patty Murray, Vice Chair of the Senate Appropriations Committee, is leading a legislative push to financially penalize the White House for airing political advertisements funded by taxpayers. Murray and fellow Senate appropriators introduced the Penalties for Propaganda Act, a bill designed to cut the Office of Management and Budget’s budget by $20 million for…
Lloyds Banking Group and Visa (V) have completed a live pilot testing stablecoin-based settlement for cross-border transactions, marking a significant step for both institutions. The seven-day pilot involved US dollar settlement obligations totalling $750,000, providing a real-world test of digital asset infrastructure at scale. Lloyds used USDC purchased through Archax, a UK-regulated digital asset exchange,…
Two quantum computing companies are competing for investor attention, but their financial profiles and technological approaches differ sharply from one another. IonQ (IONQ) has built its reputation on precision, using a trapped-ion quantum system designed to minimize the errors that plague much of the quantum computing industry today. Last year, IonQ demonstrated 2-qubit gate fidelities…
While high interest rates have drawn widespread criticism for squeezing borrowers and cooling the housing market, they carry a significant and often overlooked benefit for retirees. Elevated rates have dramatically improved the economics of guaranteed retirement income products, particularly annuities, which become cheaper and more generous when rates rise. When interest rates climb, insurance companies…
California and six other states have filed a federal lawsuit challenging President Donald Trump’s cancellation of $810 million in congressionally approved spending. The lawsuit was filed in the U.S. District Court for the Northern District of California by California, Maine, Maryland, Michigan, Nevada, New Mexico, and Oregon. The states argue Trump’s use of a “pocket…