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.

Quantum Computing Inc. (QUBT) Maintains $1.6 Billion Equity Base As Acquisition Strategy Accelerates

Quantum Computing Inc. (QUBT), also known as QCi, continues to hold a well-capitalized balance sheet despite aggressive acquisition activity in the first half of 2026. The company closed the second quarter of 2026 with total assets of approximately $1.64 billion, essentially unchanged from the first quarter of the year. That stability signals that QCi’s overall…

Read More
Inflation Relief Checks

A $42,000 Bonus Puts ACA Subsidy Eligibility At Risk For Many American Households

Unexpected income windfalls can create serious complications for households that rely on Affordable Care Act subsidies to manage their health insurance costs. When a spouse receives a large year-end bonus, the household’s modified adjusted gross income can spike well beyond the thresholds that determine subsidy eligibility. ACA subsidies are calculated based on projected annual household…

Read More

Pentagon’s $3 Billion Missile Defense Deal Puts Lockheed Martin (LMT) And Northrop Grumman (NOC) On A War Footing

On August 3, the Pentagon signed a deal worth more than $3 billion with Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) to accelerate Patriot and THAAD interceptor missile parts production. The agreement arrives as the conflict in Iran intensifies and the Ukraine war continues, placing significant strain on existing weapons stockpiles across the…

Read More

Quantum Computing Stocks Face Reality Check After Earnings — What Investors Should Watch Next

Quantum computing companies including IonQ (IONQ) and Quantinuum have wrapped up their latest earnings season, revealing a sector that continues to build momentum despite persistent challenges. The results broadly showed that commercial traction across the quantum computing industry is growing, even as investors weigh near-term profitability concerns against long-term potential. IonQ (IONQ) shares moved higher…

Read More

Trump Accounts Offer Parents A $2,500 Tax Break Under New Treasury Guidelines

New federal guidelines are opening the door for working parents to reduce their taxable income while building long-term wealth for their children through Trump Accounts. The Treasury Department and IRS have proposed rules allowing employers to contribute up to $2,500 annually to Trump Accounts belonging to employees or their dependent children, tax-free. Employees would also…

Read More

Bank Of America Spots Buying Opportunity In Beaten-Down AI Stocks, Highlights MU And TEAM

Bank of America believes the recent sell-off in AI infrastructure stocks has gone far enough to justify fresh buying positions across the sector. The bank’s research team published a note on Wednesday screening its trading desk’s AI ecosystem baskets and identifying 16 Buy-rated stocks worth revisiting. The methodology focused on names that had fallen sharply…

Read More

AST SpaceMobile (ASTS) Wins FCC Approval To Test 800 MHz Satellite Connectivity On Two Spectrum Bands

AST SpaceMobile (ASTS) received temporary approval from the Federal Communications Commission to test satellite connectivity using the 800 MHz spectrum with up to 100 commercially available devices. The FCC granted AST SpaceMobile a 30-day special temporary authority allowing tests of its supplemental coverage from space capabilities across two distinct spectrum bands. Specifically, the authorization covers…

Read More