US Politics & Business News
Representative Pete Stauber of Minnesota is positioning himself to become the top Republican on the House Natural Resources Committee, according to reports. Stauber has informed colleagues of his intention to seek the ranking member position, signaling an active internal push within the House Republican conference. The move comes as current committee leader Bruce Westerman of…
Community banks have long served as financial anchors for small towns, rural regions, and urban neighborhoods that larger institutions routinely overlook or underserve. When a community bank closes its doors, the ripple effects extend far beyond the loss of a local branch, touching small businesses, families, and entire regional economies. Mega-banks continue to consolidate their…
While American investors pour retirement savings into freshly public SpaceX (NASDAQ: SPCX), a far quieter deal may be reshaping the global satellite industry from Tokyo. Japan’s Ministry of Internal Affairs and Communications has preliminarily selected the Rakuten and AST SpaceMobile joint venture for its J-LEO initiative, worth up to approximately $1 billion in non-dilutive, non-debt…
Loneliness among older adults has become a quiet crisis, and scammers have learned to exploit it with devastating financial and emotional consequences. A letter published in MarketWatch’s Moneyist column asks a blunt and painful question: why is it mainly scammers who want to communicate with older people, while relatives and acquaintances rarely stay in touch?…
MAGA Inc., President Trump’s super-PAC, has directed $10 million toward Texas Attorney General Ken Paxton’s Senate campaign ahead of November’s midterm elections. Federal Election Commission filings published Saturday confirmed the payment went to political media company Del Ray Media to fund advertising in the high-stakes contest. The spending is split evenly, with $5 million designated…
Despite securing a new European defense contract and a fresh analyst Buy rating, Planet Labs PBC (NYSE: PL) stock sank sharply on Thursday while the broader market advanced. Shares of Planet Labs fell 8% to $18.48 during the session, a notable divergence from the SPDR S&P 500 ETF Trust (NYSEARCA: SPY), which rose 0.6% to…
Despite skyrocketing travel costs, budget-conscious Americans are finding creative ways to keep vacationing without draining their bank accounts. Jami Hagerman, a 29-year-old hairstylist from Oklahoma City, recently spent about $400 on Groupon (GRPN) mystery vacation vouchers that covered airfare and accommodations for her and her husband, with no say over the destination. The couple was…
The Trump administration has announced it will terminate $45 million in annual financial support for Namibia’s HIV response program after roughly twenty years of consistent payments. The final $45 million payment is scheduled for fiscal year 2027, after which the arrangement will shift to what officials are describing as a technical cooperation model going forward….
Planet Labs PBC (NYSE: PL) delivered record second-quarter revenue of $116 million, marking an approximately 58% increase compared to the same period a year earlier. The strong performance was driven by robust execution across satellite services and surging demand from defense and intelligence customers seeking geospatial data solutions. The company’s ability to capture government and…
RTX Corporation (NYSE: RTX) is gaining significant momentum as rising geopolitical tensions push governments around the world to expand their defense budgets rapidly. The company’s stock has climbed roughly 9% year-to-date, reflecting growing investor confidence in RTX’s expanding defense backlog and long-term demand outlook. On September 1, the U.S. Department of War awarded RTX’s Raytheon…