US Politics & Business News
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…
SK Hynix’s landmark arrival on the Nasdaq has triggered a wave of volatility that is now washing over U.S. semiconductor stocks, with Micron (MU) taking the hardest hit. The South Korean memory chipmaker raised over $26 billion through American Depositary Receipts priced at $149 each, marking one of the most significant semiconductor listings in recent…
RTX Corporation (RTX) is aggressively expanding its global sustainment capabilities to support military and commercial customers throughout the full lifecycle of their platforms. The company delivers maintenance, repair, overhaul, and modernization support across a broad portfolio of engines, avionics, sensors, and mission systems. These long-term service capabilities strengthen customer relationships while generating recurring revenue opportunities…
The Federal Reserve is signaling a dramatic shift in monetary policy, with most officials now leaning toward raising interest rates before the end of 2026. New Fed chairman Kevin Warsh struck a notably hawkish tone during the central bank’s June meeting, surprising markets that had anticipated further rate cuts this year. Almost every member of…
India’s consumer price inflation climbed to 4.38% in June, rising from 3.93% in May, marking the eighth consecutive month of acceleration. The figure came in above economists’ expectations of a 4.30% increase, according to a Reuters poll of analysts. The U.S.-Iran war and a weakening monsoon season have combined to push food and fuel prices…
New Zealand has approved a gateway license for Two Degrees Networks, adding ground infrastructure to AST SpaceMobile’s (ASTS) growing satellite network. Shares of AST SpaceMobile fell 3% overnight heading into Monday, extending a rough stretch for the stock despite the regulatory milestone. ASTS logged a 14% decline last week, marking its worst weekly performance in…
Renewed hostilities between the United States and Iran sent oil prices sharply higher while stock futures retreated on fears of fresh disruption to global energy markets. Brent crude, the main international benchmark, rose more than 3 percent, reversing a slide that had returned prices to pre-conflict levels before tensions flared again. Brent futures for September…
The S&P 500 has climbed 10.2% year to date, closing at 7,543.64, with a 20.1% gain recorded over the past year. Morgan Stanley analysts argue that artificial intelligence spending has become one of the stock market’s most critical supports, surpassing energy concerns in importance. The bank projects AI investment will jump from nearly $800 billion…