Thomas Shelter, Author at CONGRESS.NET

Quantum Computing Stocks RGTI, QBTS, And QNT Surge As U.S. Government Takes Equity Stakes In $2 Billion Initiative

Thomas ShelterSeptember 8, 202603 mins

Three major publicly traded quantum computing companies are seeing significant stock price gains after securing landmark funding agreements with the federal government. Rigetti Computing (Nasdaq: RGTI), D-Wave Quantum (Nasdaq: QBTS), and Quantinuum (Nasdaq: QNT) each finalized agreements with the U.S. Department of Commerce’s CHIPS Research and Development Office for $100 million apiece. The funding is…

Homeowner Faces Dilemma After One Son Wants To Build $400,000 House On Family Property

Thomas ShelterSeptember 8, 202604 mins

A parent is wrestling with a significant financial and family decision after one of their two sons expressed interest in building a home on the family’s property. The proposed construction carries an estimated cost of $400,000, a figure that represents roughly 30% of the property’s current total value. A key legal complication shapes the entire…

Republicans Gather In Dallas Hoping Trump Stays Out Of The Spotlight

Thomas ShelterSeptember 8, 202603 mins

The Republican Party is holding an unprecedented midterm convention in Dallas on September 9 and 10, aimed at energizing its base ahead of elections. Party officials, donors, candidates, and lawmakers have converged on Dallas for the two-day event, hoping to present a unified and forward-looking message to voters. Many Republicans attending the convention are quietly…

Democrats Double Their Lead Among Latino Voters In Key Battleground House Districts

Thomas ShelterSeptember 8, 202604 mins

A new poll reveals Democrats have made sweeping gains among Latino voters in competitive House districts, a shift that could reshape the battle for congressional control. The Hart Research/TelevisaUnivision poll, shared with Axios, shows Democrats holding a 58 percent advantage on the generic congressional ballot across 17 competitive House districts. Republicans are winning the support…

Commerce Department Takes Equity Stakes In Quantum Firms As Rigetti (RGTI) Surges 6% And D-Wave (QBTS) Climbs 5%

Thomas ShelterSeptember 8, 202604 mins

The U.S. Commerce Department has finalized CHIPS Act funding awards that hand the federal government minority, non-controlling equity stakes in two quantum computing recipients. Rigetti Computing (NASDAQ: RGTI) jumped 6% to $16.13 in early trading, while D-Wave Quantum (NYSE: QBTS) climbed 5% to $17.46 on matching award terms. Both companies signed definitive agreements with the…

Amazon (AMZN) And AT&T (T) Form Satellite Alliance To Take On SpaceX’s Starlink

Thomas ShelterSeptember 8, 202603 mins

Amazon and AT&T announced a sweeping strategic partnership on February 4, 2026, combining orbital satellite capabilities with terrestrial fiber infrastructure in a direct challenge to SpaceX. The agreement centers on Amazon Leo, the newly rebranded commercial arm of Amazon’s Project Kuiper, which will serve as a primary satellite connectivity layer for AT&T’s business and public…

House Democrat Makes AI Regulation Her Top Legislative Priority With Bipartisan FRONTIER Act

Thomas ShelterSeptember 8, 202603 mins

Rep. Lori Trahan has emerged as one of the House’s leading Democratic voices on artificial intelligence, pushing federal oversight to the top of her agenda. Trahan partnered with Rep. Jay Obernolte, a California Republican, to introduce a sweeping new draft of AI legislation now formally called the FRONTIER Act. The two lawmakers first released draft…

Trump Shares Social Media Updates On Washington D.C. Beautification Push

Thomas ShelterSeptember 8, 202603 mins

President Donald Trump took to social media Monday morning to share photos and progress reports on his ongoing campaign to renovate landmarks across Washington, D.C. The posts featured images of statues, fountains, and other landmarks that the National Park Service has been actively updating as part of a broader White House initiative. Trump has framed…

How the US Congress Is Shaping the Future of Cybersecurity Standards

Thomas ShelterSeptember 8, 2026September 8, 2026010 mins

Cybersecurity has become a core part of how modern organizations operate. Businesses, government agencies, healthcare providers, technology companies, and critical infrastructure operators all depend on connected systems that can expose sensitive information when poorly protected. As digital threats continue to evolve, organizations need clear ways to identify weaknesses and strengthen their defenses. In the United…

Gas Prices Smash Labor Day Record At $4.14 A Gallon As Iran War Chokes Global Oil Supply

Thomas ShelterSeptember 7, 202604 mins

The average price of regular gasoline in the United States hit $4.14 a gallon heading into Labor Day weekend, setting a new record high for the holiday. The previous Labor Day record stood at $3.82 a gallon, set back in 2012, meaning prices have now surged well past that historic benchmark. Gas prices have never…