US Politics & Business News
Walmart and Target are preparing to report quarterly earnings, with Wall Street watching closely for signals on the health of the U.S. consumer. Few retailers offer as broad a window into American spending habits as these two giants, whose combined U.S. sales approach nearly half a trillion dollars annually. Both companies operate thousands of physical…
The 2025 tax legislation introduced a new savings vehicle for children called Trump Accounts, which officially became available starting July 4, 2026. Any contributor can deposit up to $5,000 annually into these accounts during 2026 and 2027, with that cap indexed for inflation in subsequent years. Children born between January 1, 2025, and December 31,…
Harbor International Core Fund is proving that holding nearly 800 stocks simultaneously does not have to mean settling for average returns. The $2.5 billion fund carries a five-star rating from Morningstar within the Large Foreign Blend fund category, its highest possible designation. Its performance benchmark is the MSCI EAFE Index, and it has consistently delivered…
Various industry estimates placed Abu Sabah’s net worth between $1.7 billion and $2 billion, built primarily on real estate holdings and property development income. The long-running money laundering saga surrounding Indian-origin Dubai businessman Balvinder Singh Sahni — widely known by his nickname “Abu Sabah” — has reached its conclusion, with the UAE’s top court delivering…
Quantum Computing Inc. (QUBT), also known as QCi, continues to hold a well-capitalized balance sheet despite aggressive acquisition activity in the first half of 2026. The company closed the second quarter of 2026 with total assets of approximately $1.64 billion, essentially unchanged from the first quarter of the year. That stability signals that QCi’s overall…
Unexpected income windfalls can create serious complications for households that rely on Affordable Care Act subsidies to manage their health insurance costs. When a spouse receives a large year-end bonus, the household’s modified adjusted gross income can spike well beyond the thresholds that determine subsidy eligibility. ACA subsidies are calculated based on projected annual household…
The question comes up often among couples nearing retirement: can one spouse claim spousal benefits now and later switch to a higher personal benefit at age 70? For most Americans, the answer is no, and understanding why requires a close look at how Social Security rules have evolved over the past decade. A strategy once…
On August 3, the Pentagon signed a deal worth more than $3 billion with Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) to accelerate Patriot and THAAD interceptor missile parts production. The agreement arrives as the conflict in Iran intensifies and the Ukraine war continues, placing significant strain on existing weapons stockpiles across the…
Quantum computing companies including IonQ (IONQ) and Quantinuum have wrapped up their latest earnings season, revealing a sector that continues to build momentum despite persistent challenges. The results broadly showed that commercial traction across the quantum computing industry is growing, even as investors weigh near-term profitability concerns against long-term potential. IonQ (IONQ) shares moved higher…
New federal guidelines are opening the door for working parents to reduce their taxable income while building long-term wealth for their children through Trump Accounts. The Treasury Department and IRS have proposed rules allowing employers to contribute up to $2,500 annually to Trump Accounts belonging to employees or their dependent children, tax-free. Employees would also…