US Politics & Business News
The gap between crude oil prices and refined gasoline costs, known as the “crack spread,” is once again drawing attention from consumers and analysts alike. The crack spread measures the margin between what refiners pay for crude oil and what they earn from selling refined products like gasoline to the market. When crude prices surge…
AST SpaceMobile (ASTS) has tumbled more than 50% from its all-time high of $133.09 per share, reached on May 28, 2026, raising serious questions about its long-term trajectory. The company’s ambitious goal is to become the first to fully commercialize high-speed satellite internet beamed directly to smartphones, without requiring the bulky dish hardware that current…
President Donald Trump imposed 50% tariffs on most Canadian goods Monday, citing what he called unfair discrimination against American autos, alcohol, and dairy products. Trump signed three proclamations invoking Section 338 of the Tariff Act of 1930, a rarely used legal authority that grants the president power to impose maximum tariffs on discriminatory trading partners….
More Americans than ever before now have legal access to medical aid in dying, with laws spreading rapidly across the country in recent years. Today, more than one in three Americans — approximately 32.80% of the population — live in a jurisdiction where medical aid in dying is legally authorized. At least 14 states have…
D-Wave Quantum Inc. (QBTS) has taken a significant hit in recent weeks, with shares tumbling 32.2% over the past four weeks amid persistent selling pressure. Despite the sharp decline, technical indicators and fundamental signals are beginning to align in ways that suggest the stock could be approaching a turning point. Analysts who track the quantum…
Taylor Fresh Foods confirmed the FDA apologized after a laboratory test for Cyclospora on its iceberg lettuce returned an erroneous positive result. “Today, FDA apologized to us,” Taylor Fresh Foods said in a statement, marking a rare public acknowledgment of error from the federal food safety agency. The full statement from Taylor Fresh Foods read:…
Social Security’s long-term financial outlook is fueling a sharp debate among financial professionals about the smartest time to start collecting benefits. A certified public accountant is publicly arguing for claiming Social Security early, pointing to a risk that many retirement planners quietly acknowledge but rarely discuss openly. The central concern is the projected depletion of…
Shares of AST SpaceMobile (ASTS) climbed 2% in premarket trading Monday as the company’s $1 billion convertible note offering approached its settlement date. The move follows a turbulent week for the stock, which gained 5% on Friday but still closed the week down 21%, its steepest weekly decline in more than two years. Satellite communications…
The elimination of a Dot Com-era pattern day trading rule is expanding access to margin for retail investors while simultaneously raising fresh concerns about market volatility. The original pattern day trading rule dates back to the early 2000s, introduced in the aftermath of the speculative excess that defined the Dot Com bubble and its subsequent…
Your own 401(k) contributions are always fully yours from the very first day you begin participating in the plan. However, employer contributions such as matching funds or profit-sharing dollars may be subject to a vesting schedule that determines your ownership over time. Vesting schedules can last up to six years, and any unvested employer contributions…