US Politics & Business News
Read the latest business news today at Congress.net
Rocket Lab (NASDAQ: RKLB) trades at $64.26, sitting roughly 57% below its 52-week high of $151 after a string of setbacks rattled investor confidence. A Stage 1 tank test failure pushed the debut of the company’s Neutron medium-lift rocket to Q4 2026, with management acknowledging the year-end launch window is narrowing considerably. Despite that pressure,…
The U.S. Commerce Department has finalized CHIPS Act funding awards that hand the federal government minority, non-controlling equity stakes in two quantum computing recipients. Rigetti Computing (NASDAQ: RGTI) jumped 6% to $16.13 in early trading, while D-Wave Quantum (NYSE: QBTS) climbed 5% to $17.46 on matching award terms. Both companies signed definitive agreements with the…
The U.S. Department of Commerce has finalized agreements to award $100 million each to three leading quantum computing companies under the CHIPS and Science Act. D-Wave Quantum, Rigetti Computing, and Quantinuum all reached definitive agreements with the federal government on Tuesday, marking a significant public investment in the quantum computing sector. Each company will receive…
Amazon and AT&T announced a sweeping strategic partnership on February 4, 2026, combining orbital satellite capabilities with terrestrial fiber infrastructure in a direct challenge to SpaceX. The agreement centers on Amazon Leo, the newly rebranded commercial arm of Amazon’s Project Kuiper, which will serve as a primary satellite connectivity layer for AT&T’s business and public…
Canada has officially activated retaliatory tariffs on $27.6 billion worth of American goods, escalating an already bitter trade dispute between the two longtime allies. The new duties range from 15% to 50% across hundreds of U.S. products, covering dairy, agricultural equipment, paper, household appliances and electronics. U.S. steel, aluminum and iron products were among the…
Cybersecurity has become a core part of how modern organizations operate. Businesses, government agencies, healthcare providers, technology companies, and critical infrastructure operators all depend on connected systems that can expose sensitive information when poorly protected. As digital threats continue to evolve, organizations need clear ways to identify weaknesses and strengthen their defenses. In the United…
U.S. stock markets will be closed Monday, September 7, in observance of Labor Day, with trading resuming on Tuesday, September 8. Both the NYSE and Nasdaq observe the federal holiday, leaving investors without access to equities markets for the extended weekend. Bond markets, guided by the Securities Industry and Financial Markets Association (SIFMA), will also…
China’s trade growth picked up in August, though imports fell short of expectations, underscoring persistent weakness in domestic demand within the world’s second-largest economy. Exports grew 25% in U.S. dollar terms in August from a year earlier, according to official customs data released Tuesday, in line with Reuters-polled analysts’ forecasts and quickening from a 23.9%…
The release of OpenAI’s GPT-6 Astra model has reignited investor enthusiasm for AI hardware, with memory chip makers among the biggest beneficiaries. OpenAI launched GPT-6 Astra on September 3, marking the company’s most ambitious and computationally demanding model release to date. The launch has coincided with a broader recovery in semiconductor stocks that had been…
The satellite industry’s most important competition is not happening on launchpads — it is unfolding across radio frequencies racing to reach smartphones in billions of pockets worldwide. The FCC’s authorization of Supplemental Coverage from Space has unlocked a new competitive category where orbital constellations beam service directly into ordinary handsets without specialized hardware. Four publicly…