US Politics & Business News
The U.S. military struck two Iranian rocket launchers on Sunday, marking its first attack on Iran in more than a month, according to a U.S. official. American forces targeted the two launchers on Larak Island after observing Islamic Revolutionary Guard Corps forces preparing to launch rockets with sea mines into the Strait of Hormuz. U.S….
Freedom Fuel gas stations, promoted by the Trump administration for their low prices, allegedly sold fuel their supplier never received payment for, according to a newly filed lawsuit. Mansfield Oil Company filed the suit on August 19 in U.S. District Court in Eastern Pennsylvania, targeting KRSM, a foreign corporation linked to the Freedom Fuel Network….
U.S. margin debt has surged to a record $1.4 trillion in May, rising 54% from a year earlier, according to data from FINRA. The staggering rise in borrowed money reflects a broader cultural shift among both retail and institutional investors who are increasingly comfortable taking on significant financial risk. Leveraged exchange-traded funds, which produce double…
RTX (RTX) has reached a record backlog of $289 billion, climbing 22% year-over-year and 6% sequentially, a milestone that signals more than simple growth. The real story behind the backlog is its composition, with commercial aerospace accounting for the larger share in a roughly 60/40 split over defense contracts. That split has benefited RTX significantly,…
D-Wave Quantum (NASDAQ: QBTS) occupies a genuinely rare position in the technology sector, operating as a pure-play quantum computing company with real paying customers. Unlike many of its competitors still locked in laboratory phases, D-Wave’s annealing systems are already running production workloads at major corporations including AT&T. That commercial milestone, which no other quantum computing…
The letters K, C, and E are not initials or fraternity symbols — they are the terms economists, executives, and politicians now use to describe the U.S. economy. Since the pandemic recovery, economists largely agreed the economy was “K-shaped,” meaning different income groups were moving in opposite directions with growing inequality between them. That consensus…
Corporate earnings have surged at an extraordinary rate, but analysts and strategists increasingly warn the breakneck pace is unsustainable heading into next year. The S&P 500 was on track to deliver second-quarter earnings growth of 47% on a yearly basis, up sharply from around 20% prior to the start of the earnings season, according to…
Insiders at IonQ (NYSE: IONQ), Rigetti Computing (NASDAQ: RGTI), and D-Wave Quantum (NYSE: QBTS) have collectively sold approximately $863 million more stock than they have purchased over the last three years. The figure comes from an analysis of Form 4 filings cited by The Motley Fool, and carries a notable caveat: insider buying across all…
Dolly Parton, widely known as the “Queen of Country Music,” passed away at age 80 after what representatives described as a “brief battle with cancer.” She died at Vanderbilt-Ingram Cancer Center in Nashville, surrounded by loved ones, leaving behind a massive commercial and cultural legacy. Industry data and analytics company Luminate reported that audio and…
SpaceX has filed a formal complaint at the Federal Communications Commission challenging Iridium Communications (NASDAQ: IRDM) conduct as regulators review Rocket Lab’s (NASDAQ: RKLB) pending $8 billion takeover bid. Rocket Lab stock fell 6% to $63.82 on Friday, extending an already difficult week for the launch and space systems company heading into a critical shareholder…