US Politics & Business News
Most workers believe maxing out a 401(k) means hitting the standard IRS elective deferral limit, but that assumption leaves significant retirement savings potential on the table. The employee deferral limit for 2026 stands at $24,500, representing the maximum you can contribute from your paycheck as pre-tax or Roth deferrals each year. However, 401(k) plans actually…
The House has returned from recess with a packed but precarious agenda, led by Speaker Mike Johnson’s push to pass a shutdown-averting spending bill already cleared by the Senate. The spending bill stands as the lone essential legislative item lawmakers must address before they can leave Washington ahead of the November midterms. Johnson faces significant…
A federal judge has ruled that former Sen. Kyrsten Sinema can be sued under North Carolina’s so-called homewrecker law over a romantic relationship with a married member of her security detail. U.S. District Judge David A. Bragdon denied Sinema’s motion to dismiss a lawsuit filed by Heather Ammel, the ex-wife of security guard Matthew Ammel….
Despite an extraordinary three-year run, D-Wave Quantum (QBTS) continues to trade at a significant premium relative to traditional valuation benchmarks. The stock has returned roughly 17 times its value over the past three years, placing intense scrutiny on how much future growth is already baked into the current price. With a value score of just…
Tesla (TSLA) shares fell 6% on Friday after the electric vehicle maker’s highly anticipated Cybercab launch failed to impress investors watching the robotaxi market closely. The sell-off erased a 5.4% gain Tesla had recorded on Thursday ahead of the event, leaving shares down 16% year to date through Thursday’s close. That year-to-date decline makes Tesla…
Meta (META) CEO Mark Zuckerberg held a previously unreported phone call with President Donald Trump last month to discuss plans for a national AI regulatory body. The call took place during the week of August 17, 2026, and was not made public until Politico’s West Wing Playbook broke the story more than two weeks later….
Former Labor Secretary Lori Chavez-DeRemer fostered a “toxic, intimidating and humiliating” workplace during her tenure leading the department, a new watchdog report has found. The Labor Department’s Office of Inspector General released its scathing findings Thursday, covering allegations that had swirled around Chavez-DeRemer since before her April resignation. Investigators interviewed at least 38 witnesses who…
Long-time Chief Financial Officer John Markovich retired from D-Wave Quantum Inc. on September 2, 2026, marking a notable leadership shift at the quantum computing company. Senior vice president of finance Greg Golkov has stepped in as acting CFO and principal financial and accounting officer, effective immediately following Markovich’s departure. D-Wave emphasized that Markovich’s exit did…
Bloom Energy (BE) has officially been named to the S&P 500, joining a group of other companies set to enter the benchmark index. Index additions typically generate significant buying pressure as funds tracking the S&P 500 are required to purchase shares of newly included companies. Rocket Companies (RKT) and Affirm Holdings (AFRM) have been identified…
Democratic U.S. Senate candidate James Talarico plans to hold a statewide food drive as Republicans gather in Dallas for President Donald Trump’s midterm convention. The initiative, dubbed the “Love Thy Neighbor” food drive, is designed to draw a sharp contrast with the Republican gathering happening in the same state. Talarico is running against Republican Attorney…