Anthony Sinclair

Anthony produces news stories, features and guides for Congress.net, with a focus on history and the US political system.

Wall Street Analysts Reshuffle Ratings On ABT, ABNB, CBRS, COIN, EIX, NOC, PS, HOOD And More

Markets steadied heading into the first Friday of Q4 2026, with futures trading higher after a volatile Thursday session across major U.S. indices. Stocks endured a wild ride Thursday, swinging between positive and negative territory through the morning before ultimately finishing the day in the green. The small-cap Russell 2000 led the major indices, closing…

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Tough Job Market Drives Young Americans Toward Entrepreneurship In Record Numbers

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…

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Micron’s Blowout Quarter Reignites AI Trade As Futures Split And Key Jobs Data Looms: MU, ORCL, NKE, TSLA, RKLB, ASTS In Focus

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…

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Falling Real Wages And An Energy Crisis Echo The Dreaded 1970s Stagflation Era

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…

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AST SpaceMobile (ASTS) Surges 5% On Takeover Speculation While Rocket Lab (RKLB) Climbs And SpaceX (SPCX) Holds Steady

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…

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Fed’s Preferred Inflation Gauge Comes In Well Below Forecasts As Rate Hike Odds Shift

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…

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