US Politics & Business News
Consumer prices posted their sharpest monthly decline in more than six years during June, offering Americans a brief reprieve from the year’s persistent inflation pressures. The consumer price index fell a seasonally adjusted 0.4% for the month, pulling the annual inflation rate down to 3.5%, according to the Bureau of Labor Statistics. Economists surveyed by…
IonQ Inc. (NASDAQ: IONQ) has now recorded nine consecutive days of losses, closing Monday down 9.29 percent at $38.88 per share as investor sentiment soured across growth-oriented sectors. The prolonged decline has erased roughly 27.8 percent of IonQ’s market value over the nine-day stretch, marking a severe and sustained pullback for the quantum computing firm….
Graham, 71, died after suffering an aortic dissection due to arteriosclerotic cardiovascular disease, according to preliminary findings from Washington’s chief medical examiner. He was transported to George Washington University Hospital, where he was pronounced dead at 10:23 p.m. on a Saturday night. An aortic dissection occurs when the wall of the aorta, the body’s largest…
Retail investors are showing renewed conviction in the space sector even as several major names remain deep in negative territory over the past month. A Stocktwits poll drawing 1,600 votes found SpaceX (SPCX) and AST SpaceMobile (ASTS) each securing 33% of the vote as the top dip-buying opportunities. Rocket Lab (RKLB) followed closely with 29%…
AAR Corp. (AIR) is continuing to build its footprint in the global aircraft maintenance, repair and overhaul market through a broad portfolio of aviation aftermarket services. The company provides airframe maintenance, component repair, parts supply, engineering support and fleet management solutions for commercial airlines, government agencies and defense customers worldwide. AAR has been steadily expanding…
At 67 with a $140,000 pension, one retiree is asking a question that affects millions of married couples approaching retirement age. The central question is whether delaying Social Security until age 70 meaningfully increases the benefit a surviving spouse would receive after one partner dies. For many financial planners, the answer depends almost entirely on…
AST SpaceMobile (ASTS) closed Monday’s trading session at $67.58, a sharp decline of 7.83% from the previous day’s close. The drop far outpaced the broader market, with the S&P 500 falling just 0.79% during the same session. The Dow Jones Industrial Average slid 0.26% on the day, while the tech-heavy Nasdaq declined 1.55%, both modest…
The U.S. Strategic Petroleum Reserve has fallen to its lowest level in more than 40 years, standing at 340.3 million barrels as of June 12. That marks the most depleted the reserve has been since the summer of 1983, when the nearly 50-year-old SPR was still being filled for the first time. The Trump administration…
AI-related corporate debt has exploded at a pace that is fundamentally reshaping how investors think about the technology sector’s financial risk profile. Hyperscaler bond issuance jumped from $20 billion to $109 billion in 2025, and gross issuance in the first four and a half months of 2026 has already exceeded all of last year, reaching…
IonQ (IONQ) is building its commercialization case around a clearly defined technical roadmap anchored by a 256-qubit system target for the fourth quarter of 2026. During the first quarter, the company received the first tape-out of its chip-based 256-qubit design, which is now moving through foundry fabrication. IonQ also announced the presale of its first…