US Politics & Business News
Investors are closely watching third-quarter corporate earnings as a defining moment for whether the stock market rally can sustain itself going forward. High hopes for earnings results have so far been enough to outweigh mounting concerns around elevated interest rates and rising oil prices in recent months. The stock market has leaned heavily on strong…
Ukrainian President Volodymyr Zelensky is set to appear on ABC’s “This Week” Sunday morning following a controversial deal announced by President Trump involving Russian diesel exports. Trump announced Friday via Truth Social that he had concluded a “highly successful discussion” with Russian President Vladimir Putin on supplying diesel to U.S. and global markets. According to…
AST SpaceMobile (NASDAQ: ASTS) shares dropped sharply Friday morning after SpaceX locked up a nationwide low-band spectrum portfolio the satellite company had been pursuing. SpaceX agreed to acquire the entire low-band spectrum portfolio from Grain Management, a privately held spectrum owner, in a deal that still requires regulatory approval with terms left undisclosed. The transaction…
SpaceX’s push to extend Starlink into direct mobile service has transformed low Earth orbit into a critical layer of digital and economic infrastructure. Companies building rockets, satellites, and ground systems are increasingly viewed as essential connectivity providers rather than speculative ventures. That structural shift is drawing serious investor attention toward space-focused equities with real revenue…
In your 20s, the financial habits you build carry far more weight than the salary figure on your paycheck. Most young adults fixate on earning more money, but experts consistently point to spending behavior and savings discipline as the true drivers of long-term financial outcomes. The gap between those who retire comfortably and those who…
President Trump announced Saturday he will personally decide whether to livestream the firing squad execution of convicted Fort Hood shooter Nidal Hasan. Trump addressed reporters on the White House South Lawn, speaking bluntly about the severity of Hasan’s crimes and the punishment he deserves. “He’s a vicious killer, killed 13 people in cold blood, wounded…
AST SpaceMobile (ASTS) shares dropped more than 10% following news related to SpaceX’s satellite-to-phone service, a reaction analysts say is misguided. The selloff appears to reflect investor concern that SpaceX’s expanding satellite capabilities could undercut AST SpaceMobile’s position in the direct-to-device market. However, analysts argue the two companies are not simply rivals, and that the…
Boeing (BA) shares have fallen 15.4% over the past twelve months, significantly underperforming the S&P 500, which returned 17.0% over the same period. The shortfall is not a demand problem, as Boeing carries a backlog of more than 6,200 undelivered airplanes representing a record $597 billion in commercial orders. The real obstacle lies inside Boeing’s…
The 30-year Treasury bond has drawn renewed attention from retirees and near-retirees looking for stability amid ongoing market volatility and economic uncertainty. Long-duration government bonds offer a guaranteed rate of return, which can be appealing to investors who prioritize capital preservation over aggressive growth strategies. However, financial advisors frequently caution that locking a nest egg…
Anthropic’s artificial intelligence model submitted a fabricated homicide tip to the Philadelphia Police Department, the company publicly disclosed on Friday. The firm confirmed its Claude Haiku 4.5 model filled out a form on PhillyUnsolvedMurders.com, a website soliciting public tips about unsolved homicides, on July 18. The AI submitted a tip falsely claiming it had knowledge…