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.

Bond Market Tremors Warn That Stocks Are Unprepared For 30-Year Treasury Yields Hitting 6%

The $40 trillion Treasury market is flashing warning signs that equity investors may be dangerously unprepared for a continued surge in long-term yields. The 30-year Treasury yield has now logged 11 consecutive sessions above 5%, its longest such stretch since May, reflecting a sustained and punishing selloff in government bonds. The 30-year yield climbed to…

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AST SpaceMobile (ASTS) Faces Worst Monthly Decline In Two Years As T-Mobile And Nokia Reinforce Satellite Bull Case

AST SpaceMobile (ASTS) is enduring a punishing month, with shares down 33% and on track for their worst monthly performance in over two years. Despite the steep selloff, recent commentary from T-Mobile and Nokia has offered satellite bulls fresh reasons to hold their conviction in the company’s long-term story. T-Mobile CEO Srini Gopalan addressed direct-to-cell…

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Boeing (BA) Heads Into July 28 Earnings With $695B Backlog And Analysts Calling 29% Upside

Boeing (NYSE: BA) enters its July 28 second-quarter earnings report carrying a record $695 billion backlog, a figure that dwarfs its current market capitalization of $164.48 billion by more than four times. First-quarter revenue grew 14% year over year to $22.217 billion, signaling that the company’s long-anticipated turnaround is beginning to produce measurable financial results….

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FDA Advisers Clear Six Peptides For Compounding In Split Vote With Conflict-Of-Interest Concerns

A Food and Drug Administration advisory panel voted to allow compounding pharmacies to manufacture six peptides across two days of hearings in late July 2026. The panel recommended on Thursday that pharmacies be permitted to produce BPC-157, KPV, TB-500, and MOTS-c, substances that have circulated for years through wellness clinics, medical spas, and online retailers….

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SpaceX (SPCX) Drops 5%, Rocket Lab (RKLB) Falls 7%, And AST SpaceMobile (ASTS) Slides 4% Ahead Of Critical Starship Test Flight

SpaceX (NASDAQ: SPCX) stock is sinking 5% to $112.59, leaving the rocket maker 17% below its $135 June IPO price as markets brace for a pivotal evening launch. The selloff arrives just hours before Starship attempts its 13th test flight, a launch that could determine whether SpaceX’s costly pivot away from Falcon 9 ultimately pays…

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College Students Are Choosing Retirement Communities For Connection, Not Just Cheap Rent

College students across the United States are increasingly moving into retirement communities, drawn by more than just the prospect of affordable housing in a difficult market. Intergenerational living arrangements are gaining traction as a creative solution to two distinct social problems: the student housing crisis and senior loneliness. University-based programs are pairing young students with…

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RTX (RTX) And Lockheed Martin (LMT) Post Weekly Gains As Record Backlogs And Rising Defense Budgets Fuel Investor Confidence

RTX Corp. and Lockheed Martin have emerged as standout performers this week, riding a wave of investor enthusiasm following strong second-quarter 2026 earnings reports. Both defense giants delivered results that exceeded Wall Street expectations, raised their full-year outlooks, and reported record contract backlogs that signal durable demand for years ahead. RTX posted double-digit revenue and…

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Wealthy Retirees Question Whether Social Security Should Be Optional For High Savers

A 63-year-old semiretired physician is raising a pointed question about whether high-net-worth Americans should be allowed to opt out of Social Security entirely. The physician, writing to MarketWatch’s “Dear Quentin” advice column hosted by Quentin Fottrell, says they have accumulated $2 million in retirement savings. The letter writer argues that wealthy retirees with substantial nest…

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