US Politics & Business News
Democrats across the country are sharpening a new political attack line, targeting Republican opponents over their support for data center development and associated tax breaks. The strategy reflects growing public concern about the energy demands, land use, and economic promises tied to the rapid expansion of AI infrastructure nationwide. In Ohio, Democratic Senate candidate Sherrod…
President Trump signed the “Continuing Appropriations and Extensions Act, 2027” into law on Wednesday, temporarily averting a government shutdown ahead of the September 30 deadline. The signing ensures federal agencies remain funded through at least December 11, carrying the government past November’s midterm elections before another funding deadline arrives. The stopgap measure cleared both chambers…
U.S. stock indices finished Wednesday on a positive note after oil prices halted their advance, giving investors reason to reassess inflation risks and rate hike prospects. The S&P 500 (SPY) closed 0.5% higher, the Nasdaq 100 (QQQ) added 0.2%, and the Dow Jones Industrial Average (DIA) gained 0.6% on the session. Dell Technologies (DELL) led…
South Korea’s semiconductor sector delivered a staggering export surge in August, pushing the country’s overall trade figures to historic levels. Semiconductor exports jumped 209% from a year earlier to a record $46.65 billion in August, accounting for 47.5% of the country’s $98.25 billion in total goods exports that month. The Ministry of Trade, Industry and…
An engine failed aboard a US Coast Guard aircraft carrying Department of Homeland Security Secretary Markwayne Mullin, forcing an emergency landing Wednesday afternoon. The pilot of Coast Guard flight 101 radioed air traffic controllers at Ronald Reagan Washington National Airport with an urgent message, captured in a recording by ATC.com. “We just lost our right…
Shares of AST SpaceMobile (ASTS) jumped 13% on Wednesday, September 2, 2026, after investment bank Berenberg initiated coverage with a bullish recommendation. The broader market also moved higher on the day, with the S&P 500 gaining 0.4% and the Nasdaq Composite rising 0.3% in Wednesday’s session. Berenberg initiated coverage of the satellite-communications company with a…
GE Aerospace (GE) continues to demonstrate persistent strength in its Commercial Engines and Services segment, driven by surging demand for LEAP, GEnx, and GE9X engines. Strong growth in global air traffic, fleet renewal programs, and airline expansion activities are collectively supporting the company’s robust order pipeline heading into the second half of 2026. In the…
August proved to be the weakest month for private sector hiring since January, with job creation falling short of already modest expectations. Payrolls processing firm ADP reported Wednesday that private U.S. companies added 38,000 workers during the month, missing the Dow Jones consensus estimate of 47,000. The August figure also fell below the upwardly revised…
MBody AI Ltd. (NASDAQ: MBAI) announced its MBody AI Orchestrator platform has been shortlisted for AI Deployment of the Year in The 2026 A.I. Awards. The awards program is run by The Cloud Awards and recognizes the most impactful and innovative deployment of artificial intelligence within the past year. MBody AI was shortlisted alongside CrowdStrike…
Berenberg launched coverage of the space sector on Wednesday, identifying three U.S.-listed stocks it believes are positioned to lead the industry’s rapid expansion. Analyst Michael Filatov initiated Buy ratings on AST SpaceMobile (ASTS), Rocket Lab (RKLB), and Planet Labs (PL), citing falling launch costs as a key driver of growth across the sector. Filatov said…