US Politics & Business News
France’s parliament has opened debate on the 2027 budget as the country grapples with a deepening fiscal crisis that is rattling bond markets and testing the limits of European economic unity. The euro zone’s second-biggest economy posted a budget deficit of 5.1% and a national debt of 115.6% of GDP in 2025, leaving France under…
Kimberly Guilfoyle, the U.S. ambassador to Greece, has been asked to resign by the White House following mounting allegations of improper and potentially illegal conduct. White House press secretary Katie Zacharia confirmed the decision publicly, stating, “We have asked Ambassador Guilfoyle to resign.” Zacharia also offered a note of goodwill, adding, “She has been a…
Micron Technology (MU), AST SpaceMobile (ASTS), and Adobe (ADBE) all declined in premarket trading Tuesday as a wave of negative catalysts hit each stock simultaneously. Micron shares fell more than 2.7% before the opening bell, extending a steep 3.9% decline from the prior session, rattling investors already on edge about competition from China. The selloff…
Raytheon, a subsidiary of RTX (NYSE: RTX), has secured a contract from the US Office of Naval Research to develop advanced radar detection software for naval surveillance and defense systems. Under the agreement, Raytheon’s Advanced Technology division will develop and evaluate new signal-processing and data-processing algorithms designed to extend radar detection ranges and improve sensitivity….
The International Monetary Fund has lifted its global growth forecast for 2026, crediting AI-driven investment with helping offset the economic damage caused by the ongoing Middle East war. The IMF now projects the global economy will expand at 3.1% in 2026, up from the 3% estimate issued in July, though still well below last year’s…
Sen. Bernie Sanders (I-Vt.) is calling for a permanent ban on artificial superintelligence after OpenAI CEO Sam Altman made alarming comments about the future of AI-driven cybersecurity threats. Altman warned on Politico’s “Decoded” podcast last week that society faces a “coming tidal wave of cybersecurity problems” stemming from open-source AI models entering widespread use. Sanders…
In 2026, the commercial space sector continues attracting investor attention, with AST SpaceMobile (ASTS) and Firefly Aerospace (FLY) emerging as two of its most compelling — and volatile — plays. AST SpaceMobile trades at $51.46 with a market cap of $15 billion and a 52-week range of $47.57 to $133.86, reflecting significant price volatility over…
Raytheon, a business unit of RTX (NYSE: RTX), has successfully completed three developmental tests of its new Coyote Block 2C+RM interceptor upgrades, marking a major milestone in counter-drone technology. The program advanced from concept to testing in just 15 months, reflecting an accelerated push to meet urgent U.S. military requirements against evolving drone threats on…
AT&T (T) shares fell sharply after Oppenheimer downgraded the telecom giant, warning that SpaceX’s growing ambitions pose a lasting threat to its business. Oppenheimer analyst Timothy Horan cut his rating on AT&T to Perform from Outperform, also lowering his price target on the stock amid rising competitive concerns. Horan said the long-term outlook for AT&T’s…
Shannon O’Brien, chair of the Montana Democratic Party, resigned her position on October 12, 2026, and immediately endorsed independent Senate candidate Seth Bodnar. O’Brien made the announcement through a published op-ed, describing herself as “a lifelong Montana Democrat” who originally ran for party chair to unify Democrats. She wrote that the party is “more divided…