US Politics & Business News
U.S. stock futures edged higher Wednesday morning as reports of a potential diplomatic breakthrough over the Strait of Hormuz lifted investor sentiment broadly. As of 4:00 a.m. ET, Nasdaq futures were up 0.1%, while S&P 500 (SPY) and Russell 2000 futures gained 0.4% and Dow futures rose 0.2%. Economist Ed Yardeni said his year-end S&P…
Getting married later in life can carry significant financial consequences, particularly for those relying on government benefit programs tied to marital status. Two specific programs are at stake for a 67-year-old considering remarriage: Supplemental Security Income and divorced spouse Social Security benefits. Supplemental Security Income, commonly known as SSI, is a federal program administered by…
Wall Street is bracing for the historically weakest stretch of the calendar year, a period that has repeatedly tested investor nerve and portfolio resilience. The S&P 500 is moving into the August through October window, which has proven to be the most treacherous seasonal span for equities going back nearly a century. Since 1928, the…
Retail traders are piling into AST SpaceMobile stock after SpaceX outlined plans to compete directly with major U.S. wireless carriers through a “true mobile service.” ASTS stock has risen for four consecutive sessions, marking its longest winning streak since May, as sentiment on trading platforms shifts decisively bullish. SpaceX President and COO Gwynne Shotwell confirmed…
Upstart Holdings (UPST) shares jumped 13% in after-hours trading following a second-quarter earnings report that broadly exceeded analyst expectations. The AI-powered lending marketplace reported revenue of $364.71 million, topping the analyst consensus of $347.18 million and marking a 42% increase year-over-year. That compares to $257 million in revenue generated during the same quarter a year…
Chipotle Mexican Grill (CMG) removed jalapeños from select U.S. restaurants after identifying the peppers as a potential link to a salmonella outbreak under investigation by public health officials. The company stated that the “health and safety of our guests and employees is our highest priority” and replaced the jalapeños with product from different growers across…
Two very different companies are drawing investor attention as the debate between high-growth technology and steady commodity production intensifies in 2026. AST SpaceMobile (ASTS) is constructing a global satellite network designed to deliver cellular broadband directly to standard smartphones without specialized equipment. First Majestic Silver (AG), by contrast, is a profitable mining company focused on…
Buying a brand-new car in America has become a luxury increasingly reserved for the country’s highest earners, with the wealth gap reshaping the auto industry. Families earning $150,000 or more per year now account for 43% of all new cars sold in the United States, a striking jump from one-third of all sales recorded in…
August has historically delivered surprising gains for equity markets, and analysts suggest several converging forces could push stocks meaningfully higher this month. Investors are watching closely as a combination of macroeconomic signals, corporate earnings momentum, and shifting Federal Reserve expectations create a potentially favorable backdrop for equities. The Federal Reserve’s interest rate posture remains one…
AstraZeneca and Bristol Myers Squibb have held preliminary discussions about a potential merger that would create one of the largest pharmaceutical companies in the world. The Financial Times first reported the talks, citing people familiar with the matter, noting that a deal could solidify, break down, or face significant delays. Reuters later confirmed some details…