US Politics & Business News
Restaurant foot traffic is falling sharply across the United States as a cyclospora outbreak linked to iceberg lettuce continues to spread alarm among consumers. The Food and Drug Administration and the Centers for Disease Control and Prevention have linked lettuce served at Taco Bell restaurants to the widespread outbreak of the diarrhea-causing parasite. Federal investigators,…
Shares of AST SpaceMobile (ASTS) climbed 3% in premarket trading on Tuesday after Midland officials projected a 132% return on the city’s incentive investment tied to a major manufacturing expansion. The Midland Development Corporation approved a performance-based incentive package worth up to $66 million over 30 years to support AST SpaceMobile’s planned satellite production facility….
BOC Aviation Limited (HKEx: 2588) has confirmed an order for up to 220 Pratt & Whitney GTF engines to power as many as 110 Airbus (AIR.PA) A320neo family aircraft. The deal represents the largest order BOC Aviation has ever placed with Pratt & Whitney, underscoring the deepening relationship between the aircraft lessor and the RTX…
Fidelity’s annual Retiree Health Care Cost Estimate reveals that the average couple retiring today faces approximately $345,000 in after-tax healthcare expenses throughout retirement. That staggering figure does not include long-term care costs, which can add hundreds of thousands of dollars more to a retiree’s financial burden. For individual retirees, the estimate is roughly $172,500 per…
The space sector’s post-IPO momentum has reversed sharply, with most retail-favorite space stocks deep in the red for July 2026. Viasat, Inc. (VSAT) and Iridium Communications, Inc. (IRDM) stand as the only two winners in the basket, gaining 8.4% and 4.1% respectively this month. The rest of the sector has been punished severely, with Rocket…
The rise of low-cost Chinese artificial intelligence models may paradoxically drive greater demand for semiconductors, benefiting chip giants like Nvidia (NVDA) and Micron (MU). The central argument draws on the Jevons Paradox, a 19th-century economic theory named for economist William Stanley Jevons that challenges conventional assumptions about efficiency and consumption. The paradox holds that when…
The elimination of a Dot Com-era pattern day trading rule is expanding access to margin for retail investors while simultaneously raising serious concerns about market volatility. The Pattern Day Trader rule, a regulatory holdover from the early 2000s, was long seen as one of the most significant barriers keeping everyday investors away from aggressive short-term…
The Farnborough Airshow kicked off Monday with a wave of major aviation deals spanning commercial jets, defense systems, and emerging air mobility technology. Boeing (BA) emerged as an early standout, announcing orders for nearly 150 planes as the prestigious biennial event got underway in the United Kingdom. The order haul represents a significant commercial boost…
Shares of Lumentum Holdings (LITE) surged more than 9% on Monday after Barclays upgraded the optical and photonic technologies maker to a bullish stance. Barclays lifted its rating on LITE to Overweight from Equal Weight, maintaining a $1,000 price target that implies roughly 36% upside from Friday’s closing price. The upgrade comes after LITE shares…
AST SpaceMobile (ASTS) is emerging as one of the more compelling growth stories in the space sector, with analysts projecting revenue gains that could outrun even the world’s most valuable space company. SpaceX (SPCX) currently holds a market cap of $1.6 trillion, making it the dominant force in the global space industry by a wide…