US Politics & Business News
The latest ISM manufacturing survey for July revealed the fastest pace of U.S. factory growth in more than four years, with a headline reading of 55.6. That figure surpassed Wall Street expectations of 54.0 and represents the strongest performance since May 2022, according to the Institute for Supply Management. The index measures the share of…
Boeing is delivering commercial aircraft at its fastest pace in years, yet the financial rewards from that production surge have barely begun to materialize. The company delivered 171 commercial airplanes in the second quarter of 2026, its highest quarterly total since 2018, on revenue of $24.6 billion, up 8% year over year. Despite that operational…
West Texas Intermediate crude futures dropped more than 6% to $79.10 per barrel on Monday, while Brent crude futures fell more than 5% to $82.99 a barrel. The sharp selloff came after President Donald Trump announced he had called off a planned military strike against Iran following diplomatic outreach from Tehran and regional allies. Trump…
D-Wave Quantum Inc. (NASDAQ: QBTS) and Nasdaq Verafin have announced a new agreement aimed at exploring quantum computing’s role in detecting financial crime. The partnership will focus on developing quantum-hybrid machine learning applications designed to identify fraud, scams, and money laundering with greater precision. D-Wave, the only dual-platform quantum computing company offering both annealing and…
The United States and Japan have carried out their first coordinated yen-buying intervention in nearly three decades after the yen weakened to a 40-year low against the dollar. The Japanese Ministry of Finance confirmed the joint intervention following a statement by President Donald Trump, who announced Washington was stepping in to support the yen as…
Quantum computing is rapidly moving from experimental concept to commercial reality, drawing serious attention from Wall Street analysts tracking the sector’s growth. Benchmark analyst Gary Mobley, who ranks among the top 4% of Wall Street analysts, has laid out a bullish case for three publicly traded quantum computing companies. Grand View Research projects the quantum…
The final week of July 2026 proved to be one of the most closely watched stretches of the year for investors tracking major market developments. Earnings from the Magnificent Seven tech giants commanded the most attention, with results from several of the group’s heavyweights landing in quick succession throughout the week. Microsoft (MSFT) reported its…
Strong corporate profits are reshaping expectations for the S&P 500 as a powerful earnings season continues to gain momentum heading deeper into 2026. Analysts are tracking year-over-year S&P 500 earnings growth of 23.2% for the second quarter, according to FactSet data, well above historical norms. That figure comfortably exceeds the five-year average growth rate of…
Apple Inc. (AAPL) CEO Tim Cook is stepping down on September 1, 2026, closing one of the most financially successful leadership chapters in corporate history. Cook will hand the reins to John Ternus, Apple’s Senior Vice President of Hardware Engineering, who inherits a company in formidable financial shape. When Cook took over, Apple’s market capitalization…
GE Aerospace (GE) gained 6.7% over the past five trading days while the S&P 500 slipped 1.1%, a stark divergence that caught the attention of investors watching a broadly weakening market. The outperformance overlapped with the Farnborough Airshow, where the company announced the world’s first high-altitude flight assisted by hybrid-electric propulsion, though one announcement cannot…