US Politics & Business News
AST SpaceMobile (NASDAQ: ASTS) dropped 4% to $59.67 midday Wednesday as traders reacted to SpaceX winding down Falcon 9 East Coast Starlink launches. Rocket Lab (NASDAQ: RKLB) fell only 0.8% to $66.35, a routine session move that stands in sharp contrast to the ASTS selloff. The Procure Space ETF (NYSEARCA: UFO) slipped 0.7% to $44.26,…
The U.S. Air Force has awarded Boeing and RTX a combined $766 million in contracts tied to the ongoing B-52 modernization program. The contracts signal continued government investment in upgrading one of the military’s most enduring and strategically significant long-range bomber platforms. Boeing, trading under ticker BA, has long been a central contractor in the…
Meta Platforms (META) agreed to settle a major social media addiction case with state attorneys general this week, ending the trial midway through its second week. The settlement sent Meta’s stock climbing as much as 5% in premarket trading after the news broke, though shares pared some of those early gains. The case was presided…
The American dream of homeownership is slipping further out of reach for millions of young adults, reshaping how an entire generation builds — or fails to build — long-term wealth. The median age of first-time homebuyers has hit an all-time high of 40, according to the National Association of Realtors, a figure that underscores just…
A lawyer settling a personal injury case without a client’s knowledge or approval is a serious legal violation that can have lasting consequences. At the heart of every attorney-client relationship lies a fundamental principle: the final decision on any settlement belongs solely to the client, not the attorney. When a legal representative bypasses that authority,…
Callaway Golf CEO Chip Brewer has publicly apologized after a promotional video depicting a man shoving a woman to the ground triggered a fierce social media backlash. The now-deleted advertisement was posted on August 21 to the channels of golf content brand Good Good Golf, featuring co-founder Garrett Clark pushing former Division I golfer Alexis…
Rising global defense budgets and demand for advanced military technologies continue to fuel growth across the aerospace and defense sector, lifting companies like RTX Corporation (RTX) and L3Harris Technologies (LHX). Both companies maintain solid defense portfolios and are well-positioned to capitalize on military modernization programs and escalating geopolitical tensions worldwide. RTX stands out with a…
The Baby Boomer generation has long cast a long shadow over the American economy, and that shadow shows no signs of shrinking anytime soon. A metaphor coined in 1974 described the 76 million Baby Boomers as a “pig in the python,” a generational bulge squeezing through America’s economic system with lasting consequences. When Boomers flooded…
D-Wave Quantum Inc. (NASDAQ: QBTS) announced Tuesday that Chief Financial Officer John Markovich is retiring and resigning from his position effective September 2, 2026. The Palo Alto-based company describes itself as the only dual-platform quantum computing company providing both annealing and gate-model systems, software, and services. Markovich spent five years at D-Wave, during which he…
Meta Platforms (META) could be sitting on a massive untapped revenue stream that most investors have yet to fully appreciate, according to a leading Wall Street analyst. Evercore ISI analyst Mark Mahaney raised his Meta price target to $860 per share from $820, citing a significant AI compute monetization opportunity the market has largely ignored….