US Politics & Business News
Rocket Lab (NASDAQ: RKLB) and AST SpaceMobile (NASDAQ: ASTS) both reported Q2 2026 earnings on August 10, 2026, and both stocks have since taken a significant hit. The two companies share a “SpaceX disruptor” label, but their business models, revenue profiles, and risk levels are fundamentally different from one another. Rocket Lab posted $234.07 million…
Kratos Defense and Security Solutions (KTOS) is deepening its footprint in U.S. Navy radar support through a newly disclosed contract award called Project Anaconda. The company received a single-award Phase 1 agreement with an initial projected ceiling of $175 million across multiple phases to develop organic sustainment capability for the Navy’s AN/SPY-1 radar systems. The…
Consumer prices climbed again in August, keeping pressure on the Federal Reserve ahead of its critical policy meeting next week. The consumer price index rose a seasonally adjusted 0.4% for the month, putting the 12-month increase at 3.4%, the Bureau of Labor Statistics reported Friday. Both readings came in line with the Dow Jones consensus,…
Ron DeSantis on Friday accused the media of launching a smear campaign against the lone holdout juror in the Lindsay Clancy murder trial, igniting a fresh political firestorm. The controversy erupted after NBC10 Boston published a report revealing that the holdout juror had a history of alleged domestic violence and an active restraining order against…
Jabil Inc. (JBL) and AST SpaceMobile Inc. (ASTS) are both significant players in the communications-technology ecosystem, each with exposure to next-generation infrastructure. AST SpaceMobile is building what it calls the world’s first and only global cellular broadband network in space, accessible directly by standard 4G-LTE and 5G smartphones. The SpaceMobile service operates through a constellation…
The Centers for Disease Control and Prevention confirmed Friday that the largest cyclosporiasis outbreak in U.S. history has officially ended. The foodborne illness infected 12,833 people across 21 states during the largest single cluster, according to the CDC. Health officials linked that outbreak to shredded iceberg lettuce supplied by Taylor Farms in Mexico, a major…
President Trump and Defense Secretary Pete Hegseth used a September 11 commemoration ceremony to directly link the ongoing Iran war to the 2001 terrorist attacks. Both officials framed the conflict with Iran as a continuation of the broader war on terror that began in the weeks following the September 11 attacks twenty-five years ago. Trump…
AST SpaceMobile (ASTS) has endured a bruising stretch in 2026, leaving investors to weigh whether the stock can mount any meaningful recovery in the near term. The satellite communications company is down roughly 23% on a year-to-date basis, a slide that has rattled confidence among retail and institutional holders alike. The selling has been even…
Northrop Grumman (NOC) is aggressively expanding its footprint across Central and Eastern Europe as NATO allies pour money into air and missile defense, weapons, and surveillance systems. The company’s growing regional engagement positions it to capitalize directly on Europe’s push to strengthen defense capabilities and build local industrial capacity. Northrop Grumman recently announced new industrial…
Consumer confidence took a sharp hit in September, falling to its second-lowest level on record as Americans grew increasingly worried about inflation and rising energy costs. The University of Michigan’s Survey of Consumers posted a headline index reading of 47.8 in September, down 7.5% from August and off 13.2% compared to a year ago. The…