US Politics & Business News
The House voted overwhelmingly Tuesday to censure Rep. Chuck Edwards, a North Carolina Republican found to have harassed two female aides on his staff. The 413-2 vote followed a House Ethics Committee recommendation that Edwards be censured after investigators found he engaged in “persistent unprofessional and inappropriate conduct” toward the two women. Immediately after the…
AST SpaceMobile (ASTS) has seen its stock fall nearly 54% since May, pressured by cash burn, share dilution, and persistent insider selling concerns. Despite the sharp decline, several meaningful catalysts have emerged that could shift momentum for the satellite connectivity company in the months ahead. The FCC granted AST SpaceMobile commercial authority to operate a…
Boeing Co. (BA) is widely recognized for its commercial aviation operations, but its Defense, Space and Security segment is emerging as a meaningful driver of future revenue growth. The BDS segment generated $7.5 billion in revenue during the second quarter of 2026, representing a 13% increase compared with the same period a year earlier, driven…
The next major wave of artificial intelligence investment is moving beyond chips and into the networks that connect them at massive scale. Analysts are increasingly pointing to connectivity and optical networking stocks as the primary beneficiaries of evolving AI infrastructure demands across the industry. As GPU capacity has expanded rapidly, the bottleneck in AI systems…
The United States remains one of only two countries in the world that taxes its citizens based on citizenship rather than residency, a policy that burdens millions living abroad. Americans working and living overseas are subject to filing requirements and tax obligations to the U.S. government regardless of where they earn their income or reside….
Voyager Technologies (VOYG) emerged as the strongest performer among major space stocks in August, outpacing rivals across the sector by a significant margin. VOYG shares surged 37% during the month, outrunning SPCX’s 33% gain, LUNR’s 25% rise, ASTS’s marginal 0.2% uptick, and RKLB’s 2% decline. Bank of America Securities raised its price target on VOYG…
Morgan Stanley has upgraded Robinhood Markets (HOOD) to Overweight from Equal Weight, citing underappreciated potential in how the platform monetizes its existing customer base. The investment bank simultaneously raised its price target on shares to $150 from $124, implying roughly 43% upside from recent closing levels. Analyst Michael Cyprys outlined the core argument in a…
House conservatives are once again threatening to grind legislative business to a halt, escalating their standoff with Republican leadership over a stalled elections measure backed by President Donald Trump. Rep. Anna Paulina Luna (R-FL) and a group of allied hard-liners have derailed planned House business, arguing that Speaker Mike Johnson has not done enough to…
Kentucky Republican Rep. Thomas Massie named 14 individuals on the House floor as Jeffrey Epstein coconspirators who he believes should be investigated and prosecuted. Massie made the accusations during an Aug. 31 floor speech, citing the protections afforded by the Constitution’s Speech or Debate Clause, which broadly shields members of Congress from civil or criminal…
Japan’s regulatory approval of a 700 MHz satellite communications framework has given AST SpaceMobile a significant boost heading into the final stretch of 2026. Shares of AST SpaceMobile (ASTS) rose 2% on Monday, ending August marginally in positive territory after falling 22% in June and 34% in July. Japan’s Ministry of Internal Affairs and Communications…