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.

Chipotle (CMG) Pulls Jalapeños From Multiple Locations Amid Salmonella Outbreak Probe

Chipotle Mexican Grill (CMG) removed jalapeños from select U.S. restaurants after identifying the peppers as a potential link to a salmonella outbreak under investigation by public health officials. The company stated that the “health and safety of our guests and employees is our highest priority” and replaced the jalapeños with product from different growers across…

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AST SpaceMobile (ASTS) And First Majestic Silver (AG) Clash As Investors Weigh Growth Against Stability In 2026

Two very different companies are drawing investor attention as the debate between high-growth technology and steady commodity production intensifies in 2026. AST SpaceMobile (ASTS) is constructing a global satellite network designed to deliver cellular broadband directly to standard smartphones without specialized equipment. First Majestic Silver (AG), by contrast, is a profitable mining company focused on…

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Wall Street Eyes Strong August Gains As Key Market Catalysts Build Momentum

August has historically delivered surprising gains for equity markets, and analysts suggest several converging forces could push stocks meaningfully higher this month. Investors are watching closely as a combination of macroeconomic signals, corporate earnings momentum, and shifting Federal Reserve expectations create a potentially favorable backdrop for equities. The Federal Reserve’s interest rate posture remains one…

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AstraZeneca (AZN) And Bristol Myers Squibb (BMY) Merger Talk Rattles Markets As Analysts Question The Logic

AstraZeneca and Bristol Myers Squibb have held preliminary discussions about a potential merger that would create one of the largest pharmaceutical companies in the world. The Financial Times first reported the talks, citing people familiar with the matter, noting that a deal could solidify, break down, or face significant delays. Reuters later confirmed some details…

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D-Wave Quantum (QBTS) Surges After Striking Partnership With Nasdaq Verafin To Boost Financial Crime Detection

D-Wave Quantum shares climbed after the company announced a new deal with Nasdaq Verafin aimed at improving financial crime detection capabilities. The partnership pairs D-Wave’s quantum computing technology with Verafin’s established financial crime management platform, which operates under the Nasdaq (NDAQ) umbrella. Financial crime detection has become an increasingly urgent priority for banks and financial…

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Wealthy Americans Debate Whether To Voluntarily Give Up Their Social Security Benefits

A 63-year-old semiretired physician has sparked debate by questioning whether high-net-worth Americans should opt out of Social Security entirely. The physician, writing to MarketWatch’s “Dear Quentin” advice column, says they have accumulated $2 million in retirement savings over their career. The letter writer states: “I am a 63-year-old semiretired physician. Years ago I said that…

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Raytheon (RTX) Installs First SPY-6(V)4 Radar Array At Wallops Island To Advance Navy Destroyer Upgrade

Raytheon, a business unit of RTX (NYSE: RTX), has completed installation of the first SPY-6(V)4 radar array at the Surface Combat Systems Center in Wallops Island, Virginia. The milestone represents a significant step forward in the U.S. Navy’s Flight IIA Destroyer modernization effort and the broader SPY-6 backfit program. The Wallops Island facility is a…

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Quantum Computing Stocks Surge As D-Wave (QBTS) Lands Nasdaq Verafin Deal And IonQ (IONQ) Closes SkyWater Buyout

Quantum computing stocks are rallying sharply Monday at midday, driven by two concrete deal catalysts and a favorable broader market environment. D-Wave Quantum (NYSE: QBTS) leads the group, climbing 11% to $20.08 following the announcement of a new collaboration with Nasdaq Verafin, the exchange operator’s financial-crime-technology unit. The partnership will focus on developing quantum-hybrid applications…

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