US Politics & Business News
Lyntris, a newly public defense contractor, completed its initial public offering this week, marking the arrival of a fresh name in the competitive defense sector. The company sold 17 million shares as part of its IPO, bringing significant capital into the business as it enters the public markets. Lyntris priced its shares at $17.50 each,…
Married couples approaching retirement face one of the most consequential financial decisions of their lives when choosing how to claim Social Security benefits. The question of whether a lower-earning spouse should claim their own benefit early or wait for a spousal benefit trips up millions of Americans every year. A spouse can begin claiming Social…
RTX Corporation (NYSE: RTX) has secured a landmark $22.9 billion contract with the U.S. Navy to accelerate production of Tomahawk cruise missiles over seven years. The agreement establishes revenue visibility stretching well into the 2030s, anchoring the company’s defense portfolio with one of the largest single awards in recent memory. Under the contract terms, annual…
Marvell Technology (MRVL) will help develop Google’s custom chips and has given the tech giant an option to become one of its largest investors through a stake purchase of as much as $12.2 billion. Shares of the chipmaker jumped more than 11% in premarket trading following the announcement, reflecting strong investor enthusiasm for the new…
Lobbyists are able to exert influence over all three branches of the US government, albeit in different ways and to varying extends. Washington’s lobbying industry has long been associated with Congress, where registered advocates roam the halls of the Capitol pressing lawmakers on tax policy, healthcare, defense spending, and countless other issues. Yet the reach…
AST SpaceMobile (ASTS) is moving forward with a sweeping 400,000-square-foot facility at the Midland International Air and Spaceport to ramp up mass production of its BlueBird satellites. The proposed factory would be nearly five times larger than the 85,000-square-foot Midland plant AST SpaceMobile first announced back in 2018, signaling a dramatic acceleration in its manufacturing…
The global commercial aircraft inflight entertainment and connectivity system market was valued at USD 7.05 billion in 2025, with strong growth ahead. The market is forecast to climb from USD 7.60 billion in 2026 to USD 11.09 billion by 2031, representing a compound annual growth rate of 7.85% over the forecast period. Growth is being…
Elon Musk is pushing back on Wall Street’s already ambitious projections for the space economy, saying the sector will grow far beyond Goldman Sachs’ $1.8 trillion estimate. Musk made the remarks on X in response to a post about Goldman’s “Second Space Age” report, writing “It will be much bigger,” before adding, “Space is bigger…
Vertiv (VRT) and Quanta Services (PWR) are emerging as compelling alternatives to RTX (RTX) for investors looking to capitalize on the industrial sector’s strongest spending cycles. RTX has delivered impressive returns, climbing roughly 45% over the past year and trading just below its all-time high of $227, making it a richly priced bet at current…
President Donald Trump stepped back from imposing sweeping 50% tariffs on Canadian goods, announcing a three-day pause hours before the duties were set to take effect. Trump posted on Truth Social late Tuesday that he had halted the tariffs based on progress toward a formal agreement with Canada, writing that the two countries “have a…