US Politics & Business News
The Monetary Authority of Singapore moved to tighten monetary policy for a second consecutive time, acting preemptively against a renewed surge in global oil prices. The MAS said it will increase the rate of appreciation of the Singapore dollar’s nominal effective exchange rate policy band “very slightly,” with the adjustment smaller than April’s move. The…
Lockheed Martin (LMT), Northrop Grumman (NOC), and RTX (RTX) posted record backlogs and raised guidance, driven by near-term missile defense demand and long-term military modernization programs. Northrop Grumman raised its 2026 sales and earnings outlook after reporting stronger second-quarter bookings and revenue growth across all four of its business segments. CEO Kathy Warden said the…
The $31 trillion Treasury market is delivering an unmistakable message to Federal Reserve Chair Kevin Warsh: interest rates are not high enough. Treasury yields have surged well past the Fed’s current policy rate, signaling that markets believe the central bank is falling behind the economic reality. Two-year Treasury yields have climbed to a range of…
RTX Corporation (RTX) delivered a strong second-quarter performance, reporting adjusted sales of $24.7 billion, up 16% organically compared to the same period last year. Adjusted earnings per share climbed to $1.89, representing a 21% year-over-year increase driven by 18% growth in segment operating profit across the company’s major divisions. Free cash flow reached $2.9 billion…
RTX (RTX) shares climbed after the aerospace and defense giant delivered a strong earnings report that beat expectations and raised its full-year financial guidance. The company posted what investors have long craved from a major defense contractor: a clean beat-and-raise quarter that signals operational momentum and growing revenue visibility. For 2026, RTX now expects full-year…
RTX Corp. (NYSE: RTX), a U.S. aerospace and defense manufacturer, raised its full-year sales and profit forecast as demand for military and commercial aerospace products continues to accelerate. The company now expects adjusted earnings of $7.10 to $7.25 per share, up from a previous forecast of no more than $6.90 per share, surpassing the average…
RTX (NYSE: RTX) reported stronger-than-expected second-quarter 2026 results, with double-digit growth across both its commercial aerospace and defense segments driving the beat. The aerospace and defense giant posted adjusted earnings per share of $1.89, well above the consensus estimate of $1.66 from analysts. Revenues reached $24.71 billion for the quarter, topping the consensus mark of…
Many investors are caught off guard when they sell shares and later discover they are not entitled to an expected dividend payment. The confusion often stems from a misunderstanding of how dividend ex-dates and record dates actually work in practice. To receive a dividend, an investor must hold shares on or before the ex-dividend date,…
Crude oil prices have retreated sharply following a U.S.-Iran memorandum of understanding, but American drivers are finding little relief at the gas station. National gasoline prices remain elevated, averaging $3.90 per gallon, nearly a dollar higher than prices recorded in late February. The disconnect between falling crude prices and stubbornly high retail gasoline prices has…
BlackRock’s iShares Core MSCI Emerging Markets ETF (IEMG) and Vanguard’s FTSE Emerging Markets ETF (VWO) have quietly become very different investment products. For more than a decade, investors treated these two funds as nearly interchangeable, but a long-running index classification dispute has produced a record performance gap. The divergence comes down to one country: South…