US Politics & Business News
SpaceX (NASDAQ: SPCX) shares are climbing sharply Wednesday morning after the company confirmed a firm date for Starship’s most consequential test flight to date. Barron’s reported that SpaceX plans to launch Starship again on September 22, targeting the vehicle’s first attempt to place its upper stage into stable Earth orbit. SpaceX stock is trading at…
Pratt & Whitney, a unit of RTX (NYSE: RTX), has signed a new production licensing agreement with Hermeus for its F100-PW-229 fighter engine. The agreement grants Hermeus the rights to manufacture the F100-PW-229, one of the most widely deployed engines across U.S. military fighter aircraft fleets. Hermeus operates under a rapid build model, which could…
American consumers are being squeezed from two directions as rising oil prices and soaring Treasury yields compound the financial toll of the U.S. war with Iran. Crude prices have reaccelerated in recent weeks as fighting between the U.S. and Iran has intensified, pushing pump prices sharply higher across the country and draining household budgets at…
The House voted 220-204 on Tuesday to advance a Democratic-backed war powers resolution aimed at restricting President Donald Trump’s military operations against Iran. The measure marks the third time the chamber has passed such legislation since the conflict between the United States and Iran began. Seven Republicans broke with their party to support the resolution,…
After a multiyear rally, booming space stocks have begun to collapse, dragging down even some of the sector’s most prominent names significantly. The Space Exploration Technologies IPO acted as a catalyst that sent many space-related stocks plummeting sharply, hitting investors hard across the board. AST SpaceMobile (NASDAQ: ASTS) has fallen 52% from its highs, while…
On August 14, the Pentagon announced framework agreements with Boeing (NYSE: BA) and RTX Corporation (NYSE: RTX) to increase component production for SM-3 Block IIA and SM-3 Block IB interceptors. Both interceptor types serve as the foundation for the Aegis Ballistic Missile Defense System, the sea-based shield used by the US Navy to intercept incoming…
Indonesia has appointed its third finance minister in two years, intensifying investor scrutiny over the fiscal direction of Southeast Asia’s largest economy. President Prabowo Subianto fired Finance Minister Purbaya Yudhi Sadewa on Monday, replacing him with deputy Suahasil Nazara, who was sworn in within hours of Purbaya’s dismissal. The cabinet reshuffle arrives weeks after Bank…
Sen. Chris Coons (D-Del.) secured his Democratic primary victory on September 15, 2026, setting up a November general election run for a third full Senate term. Coons defeated three primary challengers, including University of Delaware history professor Jeff Appelhans, naval architect Mary Louve, and former business executive Eric Hansen. Hansen, who was the Republican U.S….
AST SpaceMobile, Inc. (ASTS) closed at $58.75 in the most recent trading session, representing a decline of 2.09% from the previous day’s close. The move lagged behind the broader market, where the S&P 500 posted a comparatively modest loss of 0.45% on the same day. The Dow Jones Industrial Average fell 0.63% during the session,…
RTX (NYSE: RTX) has named Jill Albertelli as the next president of Pratt & Whitney, with her tenure set to begin on January 1, 2027. Albertelli will report directly to RTX Chairman and Chief Executive Officer Chris Calio, succeeding current president Shane Eddy, who has decided to retire. Calio praised the incoming executive as a…