US Politics & Business News
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…
At the Pentagon on the 25th anniversary of the September 11 attacks, President Trump and Defense Secretary Pete Hegseth tied the ongoing war with Iran to America’s long response to terrorism. Vice President Vance joined past presidents and New York City Mayor Zohran Mamdani at Ground Zero, where remembrance events remained notably free of political…
Rocket Lab (NASDAQ: RKLB) shares have been under significant pressure recently, but analysts argue the selloff has created one of the more compelling setups in the new-space sector. A 24/7 Wall St. price target of $120.99, against a current price of $61.96, implies roughly 95.3% upside over the next 12 months, supporting a buy rating…
Zacks Equity Research has highlighted five notable stocks in its latest Analyst Blog, covering a range of sectors from investment banking to medical diagnostics and defense. The featured companies include The Goldman Sachs Group (GS), RTX Corp. (RTX), Abbott Laboratories (ABT), NLI Holdings (NL), and Precipio, Inc. (PRPO), spanning large-cap leaders and under-the-radar microcap plays….
August wholesale prices climbed 0.4% on a seasonally adjusted basis, matching the Dow Jones consensus and reinforcing concerns about persistent inflation in the U.S. economy. The Bureau of Labor Statistics reported that the producer price index, a key measure of final demand costs for goods and services, held pace with expectations for the month. On…
Vice President JD Vance delivered a rousing keynote address at the Republican National Committee’s Dallas convention, fueling growing speculation about his 2028 presidential prospects. The Thursday night speech was interrupted at one point by chants of “48,” signaling that many in the GOP base are already looking beyond the upcoming midterms. Vance used the moment…
Three of the quantum computing industry’s most prominent pure-play companies now count the U.S. federal government among their official backers. Rigetti Computing (RGTI), D-Wave Quantum (QBTS), and Quantinuum (QNT) each finalized funding agreements with the U.S. Commerce Department, securing up to $100 million apiece under the CHIPS Act. The funds are earmarked specifically for research…
Oracle topped Wall Street expectations for first-quarter revenue and raised its annual profit forecast, driven by surging enterprise demand for AI-powered cloud services. The company reported fiscal first-quarter results that beat analyst estimates, sending Oracle stock up 7% in after-hours trading on the strength of its cloud business. Cloud infrastructure revenue more than doubled during…
President Trump is signaling a willingness to work across the aisle, even as he promises to aggressively fight Democratic efforts should Republicans lose their congressional majorities. Trump made the comments during an interview with Fox News host Laura Ingraham on “The Ingraham Angle,” outlining his strategy for navigating a potential power shift in Washington. The…
AST SpaceMobile (ASTS) has shed approximately 7.7% since its most recent earnings report, underperforming the broader S&P 500 over the same period. The decline has investors questioning whether the stock faces continued pressure heading into its next earnings release or whether a breakout could be on the horizon. AST SpaceMobile reported lackluster second-quarter 2026 results,…