US Politics & Business News
Decades of progress under the Occupational Safety and Health Act are being quietly eroded by stagnant regulations and a dramatic shortage of federal inspectors. In 1980, OSHA employed nearly 15 inspectors for every million covered workers, a ratio that has since collapsed to fewer than six per million. Today, roughly 740 federal inspectors are responsible…
Two very different space-focused companies are competing for investor attention, with one offering explosive growth and the other delivering steady, profitable performance. AST SpaceMobile (ASTS) has seen its share price pull back significantly, prompting investors to ask whether the satellite communications company is now undervalued compared to defense giant L3Harris Technologies (LHX). AST SpaceMobile has…
A reader’s devastating account of losing her best friend has resurfaced one of personal finance’s most urgent and persistently ignored warnings: make a will. The story, shared in a financial advice column, centers on a woman who died intestate, meaning she left no legal document directing where her assets should go. Her friend had long…
Japan’s foreign reserves have fallen at their fastest pace since the finance ministry began keeping records in 2000, dropping 6.18% in August. Finance ministry data showed that foreign reserves stood at $1.207 trillion, down sharply from July’s figure of $1.287 trillion. The decline marks the fourth consecutive month that reserves have contracted, extending a troubling…
Transportation Secretary Sean Duffy ordered a full ground stop at Miami International Airport on Sunday after an Amazon cargo plane overran a runway and caught fire. The incident occurred at approximately 2 p.m. EDT when 21 Air Flight 7598 overshot the runway following a landing at Miami International Airport. The Boeing 767-300 cargo aircraft had…
Special envoy Steve Witkoff says the United States is confident that ongoing trilateral negotiations will produce a “good resolution” to the war in Ukraine. Witkoff and Jared Kushner, President Trump’s son-in-law, made their first visit to Kyiv on Sunday to negotiate an end to Russia’s yearslong war in Ukraine. During a press conference following the…
Homeowners across the United States are growing increasingly anxious about whether nearby data centers will drag down the value of their most important financial asset. Community meetings, government hearings, and social media feeds in towns weighing proposed data center projects have become battlegrounds for opponents warning of neighborhood industrialization. Critics cite pollution from backup generators,…
House Democrats are watching an internal leadership contest take shape, with two prominent members positioning themselves for a key caucus role. Reps. Sara Jacobs of California and Lauren Underwood of Illinois are both expected to seek the Democratic Caucus vice chair post in what is shaping up to be a competitive race. “A fierce internal…
SpaceX (NASDAQ: SPCX) closed at $149.74 against a Wall Street consensus price target of $222.32, leaving roughly 48% of implied upside between the current price and the average analyst call. Elon Musk’s rocket, satellite, and AI compute company priced its historic IPO earlier this year, briefly touching $225.64 before selling pressure took hold across subsequent…
GE Aerospace (GE) shares are trading around $329.50, roughly 14% below the $381.22 high the stock reached within the past year. Most of that decline is recent, with the stock falling 12.7% over just the past month despite the company’s strong operational outlook. The retreat is puzzling on its face, because in July GE Aerospace…