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.

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Futures Trade Mixed As Hormuz Uncertainty Clouds Wall Street’s Strongest Week Since April

U.S. stock futures opened the week on an uneven footing after Wall Street posted its strongest weekly advance since April, with geopolitical tensions weighing on sentiment. Optimism over a potential U.S.-Iran agreement to reopen the Strait of Hormuz faded over the weekend, rattling investor confidence heading into Monday’s session. President Donald Trump told Axios that…

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Peabody, Massachusetts Captures Top Spot On Realtor.com’s 2026 Hottest ZIP Codes List

Peabody, Massachusetts has claimed the number one position on Realtor.com’s annual Hottest ZIP Codes in America report, released August 10, 2026. The Boston suburb, identified by ZIP code 01960, joins the rankings for the third time, having previously placed fifth in 2018 and third in 2021. Peabody’s population of roughly 54,000 residents benefits from easy…

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Stock Futures Slip As Markets Weigh Iran Uncertainty And Incoming Inflation Data

U.S. stock index futures traded with little direction as Wall Street returned from a long holiday weekend, facing a week packed with economic data and corporate earnings. Investors remained cautious despite signs of incremental progress in diplomatic negotiations between Washington and Tehran, keeping a close eye on any developments that could shift sentiment quickly. Officials…

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AST SpaceMobile (ASTS) Wins Japan Regulatory Approval For Direct-To-Cell Satellite Services With Rakuten Mobile

AST SpaceMobile (ASTS) has secured regulatory approval to launch direct-to-cell satellite services in Japan, marking a significant expansion into one of Asia’s most valuable telecommunications markets. The company will partner with Rakuten Mobile to support Japan-based connectivity using AST SpaceMobile’s BlueBird satellite platform, adding a major market to its growing global footprint. ASTS shares surged…

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D-Wave (QBTS) Shares Slide After Q2 Earnings And Revenue Miss Expectations

D-Wave Quantum (QBTS) reported a larger-than-expected loss in the second quarter of 2026, disappointing investors who have been closely watching the company’s commercial progress. Revenue came in flat compared to prior periods and fell short of analyst expectations, adding to concerns about the pace of the company’s growth trajectory. Shares of D-Wave fell sharply following…

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