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.

Rigetti Computing (RGTI) Trades At 399 Times Sales — Here Is What Buyers Need To Believe

Rigetti Computing (RGTI) sells quantum computing systems into a market its own management describes as early, making a straightforward investment case nearly impossible to construct. Traditional valuation tools like price-to-earnings ratios are useless here because Rigetti continues to lose money, leaving investors with few conventional anchors. The more useful measure is the price-to-sales multiple, which…

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GOP Shifts Focus From Mamdani To Hochul As New York Midterm Battle Takes Shape

Republicans once dreamed of running against New York City Mayor Zohran Mamdani, framing him as a far-left villain to energize suburban and upstate voters. Instead, moderate Governor Kathy Hochul has become the Republican Party’s primary political foil heading into the fall election cycle. Hochul, seeking a second term, carries middling approval ratings that GOP strategists…

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Worst Long-Term Care Insurance Companies

Lloyds Banking Group (NYSE: LYG) Faces Short-Term Pressure While Long-Term Outlook Draws Investor Focus

Lloyds Banking Group (NYSE: LYG) is drawing renewed attention after the bank stepped forward to address investors at Barclays’ Global Financial Services Conference on September 14, 2026, in New York. The bank’s Accelerate 2030 plan took center stage at the conference, with management outlining its strategic vision for long-term growth and capital generation. Recent trading…

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IonQ (IONQ) Jumps 9.5% On Quantum Research Wins While Losses Remain Staggering

IonQ (IONQ) shares surged 9.5% on Thursday, closing at $40.34 after six consecutive sessions that had mostly moved against the stock. The catalyst was research showing quantum algorithms integrated into mainstream engineering software, developed alongside Synopsys, accelerated complex industrial design tasks by up to 14.6%. That result represents genuine scientific progress, but it does not…

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Burned-Out Family Caregiver Wonders If Cousin’s Sister Should Share The Financial And Emotional Load

One person’s quiet exhaustion is becoming a louder conversation about fairness, family duty, and the uneven weight of informal caregiving. A caregiver has come forward describing the toll of repeatedly supporting a financially struggling cousin, raising questions about whether other relatives should step in. The individual says the burden has grown well beyond occasional help,…

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Congressman Gottheimer Introduces Two Bipartisan Bills To Strengthen AI Security And Restrict Chinese AI Access

Last Friday, U.S. Congressman Josh Gottheimer announced a sweeping bipartisan push to impose stricter guardrails on artificial intelligence development and deployment. Gottheimer, who represents New Jersey’s 5th Congressional District, made the announcement at Fairleigh Dickinson University in Teaneck, New Jersey. The congressman serves as Co-Chair of the House AI Commission and as a senior member…

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Lloyds Banking Group (NYSE: LYG) Shares May Be Trading Nearly Half Below Their True Worth

Lloyds Banking Group (NYSE: LYG) has delivered a remarkable share price run in recent years, prompting serious questions about whether current valuations still reflect the bank’s underlying capital efficiency. Over the past five years, LYG shares have returned an impressive 217.0%, a performance that naturally draws investor scrutiny toward how much upside remains at today’s…

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U.S. Energy Department Launches $215 Million Quantum Computing Competition To Counter Global Rivals

The Trump administration is making a major push into quantum computing, with the U.S. Energy Department unveiling a $215 million initiative to accelerate American leadership in the field. The program, called Quantum Genesis Q, is structured as a competition designed to produce an error-corrected, “scientifically relevant” quantum computer. Quantum computing has emerged as one of…

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