US Politics & Business News
Raytheon, an RTX (NYSE: RTX) business, has secured a $22.9 billion, seven-year contract from the U.S. Navy to sharply accelerate production of Tomahawk cruise missiles. The Department of War announced the award on Monday, marking one of the most significant long-range strike munitions contracts in recent U.S. defense history. The agreement was awarded through the…
Wall Street bulls are pointing to strong corporate earnings growth as a fundamental pillar supporting equity markets hovering near record highs this season. Strategists at Goldman Sachs, led by Ben Snider, report that earnings per share growth for the second quarter is running at 31% year-over-year, even excluding “other income” tied to private investment stakes….
The Affordable Care Act was designed to give Americans access to health insurance regardless of their employment status or financial situation. However, many families are discovering that ACA marketplace premiums can be surprisingly burdensome, even for those who earn little to no income. One parent raised a pointed question that many Americans quietly share: why…
D-Wave Quantum (NasdaqGS: QBTS) has entered a significant new partnership with Nasdaq Verafin to apply quantum computing directly to financial crime detection workflows. The collaboration focuses on deploying D-Wave’s quantum solutions to address complex financial crime analytics across the banking and financial services sector. This agreement marks a meaningful expansion of D-Wave Quantum’s commercial ambitions…
U.S. stock futures were little changed ahead of Thursday’s opening bell, pointing to another cautious session on Wall Street as traders weighed the Federal Reserve’s next policy move. Markets were expected to remain rangebound as investors avoided taking large positions before Friday’s closely watched employment report, which is seen as a critical data point for…
In August 2026, D-Wave Quantum secured up to C$300,000 in funding from Canada’s National Research Council to advance its software development efforts. Alongside that government-backed grant, D-Wave published peer-reviewed research in Nature detailing a high-fidelity, hardware-level error-correcting two-qubit gate already integrated into its dual-rail gate-model systems. Together, these two developments underscore D-Wave’s ongoing effort to…
Walmart and Target are preparing to report quarterly earnings, with Wall Street watching closely for signals on the health of the U.S. consumer. Few retailers offer as broad a window into American spending habits as these two giants, whose combined U.S. sales approach nearly half a trillion dollars annually. Both companies operate thousands of physical…
The 2025 tax legislation introduced a new savings vehicle for children called Trump Accounts, which officially became available starting July 4, 2026. Any contributor can deposit up to $5,000 annually into these accounts during 2026 and 2027, with that cap indexed for inflation in subsequent years. Children born between January 1, 2025, and December 31,…
Harbor International Core Fund is proving that holding nearly 800 stocks simultaneously does not have to mean settling for average returns. The $2.5 billion fund carries a five-star rating from Morningstar within the Large Foreign Blend fund category, its highest possible designation. Its performance benchmark is the MSCI EAFE Index, and it has consistently delivered…
Various industry estimates placed Abu Sabah’s net worth between $1.7 billion and $2 billion, built primarily on real estate holdings and property development income. The long-running money laundering saga surrounding Indian-origin Dubai businessman Balvinder Singh Sahni — widely known by his nickname “Abu Sabah” — has reached its conclusion, with the UAE’s top court delivering…