US Politics & Business News
Congress has long been criticized for its inability to act on pressing national issues, and one lawmaker has decided he has had enough of the dysfunction. A sitting member of Congress is so fed up with legislative gridlock that he is actively pushing for voters to be able to circumvent the institution entirely. The proposal…
Ohio Republican gubernatorial candidate Vivek Ramaswamy confirmed Tuesday evening that his campaign produced a controversial attack ad targeting Democratic opponent Amy Acton. The one-minute ad features Acton’s biological mother, Donna Arthur, calling her daughter a “liar” and insinuating she suffers from mental health issues. Ramaswamy’s campaign acknowledged the spot began circulating on social media Monday…
D-Wave Quantum (QBTS) has fallen 70.8% over the past year, a stark contrast to the S&P 500’s 17.4% return over the same period. Despite the steep decline, investors continue to value QBTS at 353 times sales, compared with just 3.1 times for the broader index, reflecting enormous expectations for future revenue growth. The company expects…
Super Micro Computer (NASDAQ: SMCI) stock soared after the company unexpectedly raised its revenue and gross margin guidance for its fiscal first quarter of 2027. SMCI shares closed 17.23% higher at $37.55, with extended trading adding another 11.3% on top of that gain. The company filed an 8-K with the SEC disclosing a preliminary business…
Senate Republicans’ campaign arm borrowed $20 million in September, signaling financial pressure as the party confronts a difficult midterm election landscape. The National Republican Senatorial Committee incurred a $17 million loan on September 1 as part of the broader $20 million borrowing effort. The loans represent a significant cash infusion for the NRSC as it…
Major UK banks are blocking or restricting customer transfers to cryptocurrency platforms, generating more than 10,000 formal complaints in just three months. A report from Stand With Crypto UK, an advocacy group backed by Coinbase (NASDAQ: COIN), found that 10,092 complaints were filed between May and August 2026. The complaints came from customers who said…
D-Wave Quantum (QBTS) is pressing forward with aggressive expansion plans despite a notable decline in its cash reserves following a major acquisition. As of June 30, 2026, the company’s cash and marketable securities totaled $546.2 million, down 33% from $819.3 million recorded a year earlier. More than 90% of that decline was directly tied to…
Senate Democrats’ top campaign spending group is entering Mississippi’s U.S. Senate race for the first time this cycle, signaling a party pushing aggressively into deep-red territory. The Senate Majority PAC, aligned with Democratic Senate Leader Chuck Schumer of New York, will spend $1.2 million on a new television advertisement supporting Scott Colom, a district attorney…
Former Vice President Kamala Harris and the NAACP are teaming up to host midterm election town halls designed to mobilize voters in key swing states. The events are scheduled for Milwaukee, Wisconsin and Atlanta, Georgia, two cities at the center of closely watched political battles this election cycle. Harris is set to appear in Milwaukee…
Quantum computing has emerged as one of Wall Street’s most electrifying investment themes alongside artificial intelligence over the past four years. Four pure-play quantum computing stocks have delivered extraordinary gains over the trailing two-year period ending October 16, stunning even seasoned investors. IonQ (IONQ) surged 154%, Rigetti Computing (RGTI) skyrocketed 1,180%, D-Wave Quantum (QBTS) soared…