US Politics & Business News
RTX Corporation (RTX) has been drawing significant attention from investors, making it worth examining the key factors that could shape its near-term performance. Shares of the aerospace and defense company have returned -11.3% over the past month, compared to the Zacks S&P 500 composite’s -1.4% decline over the same period. The broader Zacks Aerospace –…
The 2026 midterm elections are shaping up to be a defining test for Republican control of the Senate, with party insiders weighing both opportunities and vulnerabilities across the national map. Republicans are encountering early headaches in several Senate races viewed as pivotal to maintaining the party’s majority heading into November’s midterm elections. Recruitment failures, open…
Mortgage rates climbed for the third consecutive week, driving the average long-term U.S. home loan rate to its highest point in more than 14 months. The benchmark 30-year fixed-rate mortgage rose to 6.76% from 6.71% the prior week, according to mortgage buyer Freddie Mac, which reported the figures Thursday. One year ago, the average 30-year…
D-Wave Quantum (QBTS) shares jumped 9% on Tuesday morning after the company signed a definitive agreement with the U.S. Department of Commerce for significant federal funding. The agreement grants D-Wave access to “up to $100 million” in funding under the U.S. CHIPS and Science Act, marking a major milestone for the quantum computing firm. D-Wave…
The world’s commodity markets face pressure from multiple fronts, as conflicts beyond the Strait of Hormuz send fresh shockwaves through fuel and food supply chains. Intensifying violence in the Black Sea region threatens to disrupt global grain trades at a moment when markets remain particularly fragile and exposed. Heat waves compounding the disruption from armed…
Senate Commerce Committee Chairman Ted Cruz has described a viral warning from an AI researcher as “scary as hell,” raising fresh alarm about the pace of artificial intelligence development. Cruz’s comments come as Congress faces growing pressure to act on AI legislation before the technology outpaces any regulatory framework lawmakers might construct. The Senate Commerce…
Lobbyists and interest groups have spent $31 million pressing Congress on the Protect College Sports Act, the sweeping bipartisan bill backed by Sens. Ted Cruz and Maria Cantwell. The legislation represents one of the most significant federal attempts to regulate the business of college athletics in the history of American higher education. Cruz, a Republican…
Shares in five of the most prominent quantum computing companies are climbing sharply today, even as broader markets experience a notable pullback across major indexes. The gains are being driven by a significant government funding announcement targeting three of the sector’s leading publicly traded firms, injecting fresh momentum into the nascent industry. Rigetti Computing (Nasdaq:…
House Democrats are facing mounting internal pressure over the rapid expansion of data centers across the country, with progressives demanding legislative action to halt new construction. Rep. Alexandria Ocasio-Cortez has introduced a bill that would place an indefinite moratorium on data center construction until Congress establishes adequate safeguards for affected communities. Democratic candidates nationwide are…
The Republican National Committee held its first-ever midterm convention in Dallas this week, and the event wasted no time cementing its unofficial nickname. Posters of President Donald Trump covered the walls of American Airlines Center, capturing moments from Oval Office meetings to his now-iconic stance in Butler, Pennsylvania. Red, white and blue baseball caps bearing…