Thomas Shelter

Thomas Shelter has been a keen follower of US politics for over two decades. His reporting for Congress.net primarily focuses on legislation, party politics, and business news.

Bitcoin ETFs Face Their First Real Stress Test As Institutional Investors Cut Exposure

Crypto investors had long hoped that institutional adoption and a friendlier regulatory environment would shield Bitcoin from its historically brutal boom-and-bust cycles. The launch of spot Bitcoin ETFs in the United States was seen as a turning point, bringing in professional capital that would theoretically provide more stable, long-term market support. That theory is now…

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Shift Workers Report Rising Job Satisfaction Even As Consumer Sentiment Hits Near-Record Lows

Despite widespread economic anxiety gripping American households, shift workers are actually feeling better about their jobs than they did a year ago. A new annual survey from Deputy, a global firm helping small businesses with scheduling, human resources, and affiliated services, shows a measurable uptick in worker positivity across shift-based industries. Those surveyed showed a…

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Tesla (TSLA) Shares Surge 8% As FSD V14 Lite Rollout Reignites Autonomy Optimism

Tesla (NASDAQ: TSLA) shares surged approximately 8% on Monday after the company released a long-awaited update to its Full Self-Driving software platform. The update, known as FSD V14 Lite, was rolled out to early-access Hardware 3 vehicles, marking a significant milestone in Tesla’s ongoing autonomous driving development. The rally highlights a striking shift in how…

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Reverse Mortgage Or Home Equity Agreement? What A 70-Year-Old With A Shorter Time Horizon Should Consider

At 70 and single, with a personal expectation of not reaching 80, choosing between a reverse mortgage and a home equity agreement carries significant financial weight. Both financial products offer access to home equity without requiring the homeowner to sell their property, but they work in fundamentally different ways. A reverse mortgage is a federally…

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A 76-Year-Old Working At Walmart Asks Why Payroll Taxes Still Apply After Claiming Social Security At 62

Reaching retirement age and collecting Social Security benefits does not exempt workers from continuing to pay payroll taxes on earned income. Any person working in covered employment, regardless of age or benefit status, remains legally obligated to pay Social Security and Medicare payroll taxes. This is a reality facing many older Americans who claimed Social…

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Comcast (CMCSA) Stock Surges Over 22% As Company Plans To Spin Off NBCUniversal And Sky

Comcast (CMCSA) announced Monday it plans to split into two publicly traded companies by spinning off NBCUniversal and Sky after 15 years of joint ownership. The move will separate Comcast’s media and entertainment assets from its broadband and wireless business, marking one of the biggest corporate restructurings in recent media history. Comcast’s stock surged more…

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China Expands Export Blacklist Against Japan, Hitting Drone Makers, Nuclear Processors And Defense Institutes

Beijing escalated its months-long pressure campaign against Tokyo on Monday, blacklisting four Japanese government defense research institutes and tightening export controls on dozens of additional entities. China’s Ministry of Commerce added 20 entities to its export control list, including the National Institute for Defense Studies and research centers covering ground, naval, and air systems. Several…

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