US Politics & Business News
Space stocks endured a bruising week, with Redwire (RDW) posting the smallest decline while Rocket Lab (RKLB) and Firefly Aerospace (FLY) each fell the hardest. SpaceX’s fund proxy (SPCX) dropped 9% over the past week, while AST SpaceMobile (ASTS) fell 13% and both RKLB and FLY each slid 19% during the same period. Redwire (RDW)…
Both Lockheed Martin and RTX reported second-quarter 2026 results on July 23, raising full-year guidance and sparking renewed debate among income investors about dividend reliability. The two defense giants look similar on the surface, but their balance sheets, business mixes, and debt trajectories tell meaningfully different stories for investors who prioritize payout security. Lockheed’s quarter…
Traders are betting overwhelmingly that the Federal Reserve will hold interest rates steady when it meets later this month, but those assumptions may be dangerously outdated. Futures markets assigned just a 15% probability to an October rate hike as of Friday morning, reflecting widespread confidence that the Fed will pause its tightening campaign. That confidence…
Shares in major British lenders dropped sharply on Friday after reports emerged that UK finance minister John Healey plans to raise taxes on banks in his October 28 budget. Lloyds Banking Group (LYG) fell 2.3% and NatWest (NWG) declined 2.05% as of 04:40 ET, reflecting investor anxiety over the proposed fiscal changes. The Guardian reported…
D-Wave Quantum (QBTS) has delivered extraordinary returns for well-timed investors, turning a $5,000 stake from two years ago into more than $64,000 today. That gain represents a staggering 1,190% return, a figure that naturally raises the question of whether history could repeat itself for investors buying in now. Timing, however, has been everything with this…
The technology sector offered investors no shelter Friday as AI fears and interest-rate concerns triggered a sweeping selloff across software and semiconductor stocks. The Nasdaq Composite shed as much as 2.5% at its worst point during the session, erasing roughly $800 billion in market value before recovering partially to close down 1.5%. Software and semiconductor…
Rep. Mike Lawler is taking an unusual political gamble, attacking Democrats over sanctuary policies while also criticizing the Trump administration’s aggressive immigration enforcement tactics. Lawler represents a suburban Hudson Valley district that Kamala Harris carried in 2024, making his path to a third term anything but straightforward in the current political climate. His Democratic opponent,…
RBC Capital Markets downgraded Lloyds Banking Group (LYG) to “sector perform” from “outperform,” pointing to intensifying competition for UK customer deposits as a central concern. Shares in the British lender fell nearly 2% as of 07:10 ET on Friday, reflecting investor concern over the revised outlook. RBC trimmed its price target on Lloyds to 115…
RTX Corporation (RTX) is scheduled to release its third-quarter 2026 financial results on October 20, 2026, before the opening bell on Wall Street. The Zacks Consensus Estimate for RTX’s third-quarter revenues stands at $24.01 billion, reflecting an improvement of 6.8% compared to the same quarter last year. The consensus estimate for earnings per share is…
France’s parliament has opened debate on the 2027 budget as the country grapples with a deepening fiscal crisis that is rattling bond markets and testing the limits of European economic unity. The euro zone’s second-biggest economy posted a budget deficit of 5.1% and a national debt of 115.6% of GDP in 2025, leaving France under…