US Politics & Business News
AST SpaceMobile Inc. (ASTS) has set an ambitious target to deliver initial, intermittent space-based cellular broadband coverage in five markets before the close of 2026. The company is pushing toward service launches in the United States, Canada, Japan, the United Kingdom and Saudi Arabia as its satellite network buildout accelerates. “We are moving toward service…
RTX Corporation (NYSE: RTX) posted third-quarter results that cleared analyst expectations on both earnings and revenue, lifting shares 2.2% in premarket trading. The aerospace and defense giant reported adjusted earnings per share of $2.26, beating the analyst consensus of $1.78 by $0.48 per share. Revenue for the quarter reached $25.0 billion, topping estimates of $24.09…
Katie Bailey has been named as the White House’s legislative affairs director, stepping into a critical role shaping the administration’s congressional strategy. President Trump announced the appointment on Truth Social, praising Bailey’s performance in her previous role as deputy director of the office. Trump wrote that Bailey “has already delivered strong results” in helping secure…
Democratic Rep. Robert Garcia says masked Immigration and Customs Enforcement agents broke the arm of a US citizen during a detention attempt in Long Beach, California. Ricardo Gonzalez, a former Long Beach city employee, was found handcuffed and bleeding when local authorities arrived at the scene on Saturday. The incident occurred Saturday afternoon near Locust…
Rigetti Computing (RGTI) is advancing its quantum commercialization efforts, but revenue concentration and unpredictable contract timing continue to cloud its near-term growth outlook. Second-quarter 2026 revenues climbed to $5.1 million from $1.8 million in the prior-year quarter, driven primarily by sales of its 9-qubit Novera systems and related products. Despite that growth, the company remains…
Target-date funds have long been a popular choice for retirement savers who prefer a hands-off approach to investing their money. These funds automatically shift their asset allocation over time, gradually moving from riskier equities toward more conservative bonds as the target date approaches. For many workers still in the accumulation phase of their financial lives,…
In a striking political maneuver, a GOP-linked political action committee has spent more than $1 million to elevate a third-party socialist candidate in Ohio’s competitive Senate race. The move is widely seen as a deliberate effort to siphon votes away from Democratic incumbent Sherrod Brown in what has become one of the most closely watched…
Saudi Arabia has postponed its flagship annual investment conference, known as “Davos in the Desert,” to 2027 following a series of deadly Houthi attacks on the kingdom. Organizers at the Future Investment Initiative (FII) Institute announced the delay of the conference’s milestone tenth edition, which had been scheduled for Oct. 26-29 in Riyadh. The Iran-backed…
Appearing on the All-In podcast, Martin Shkreli delivered a blunt verdict on the quantum computing sector that investors should take seriously. His core argument was simple and direct: “They’ll never beat an NVIDIA machine,” he said, targeting the AI workload that has driven the sector’s sky-high valuations. Shkreli acknowledged that quantum computers can solve a…
One of the most important relationships in global markets has started to unravel over the past couple of weeks. Investors are scrambling to figure out what it might mean for the economy, and their portfolios. When long-standing correlations between major asset classes break down, it typically signals a significant shift in the underlying forces driving…