US Politics & Business News
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U.S. strikes on Iranian rocket launchers in the Strait of Hormuz, followed by retaliatory attacks on American bases in Jordan, have sharply escalated Middle East tensions. The renewed conflict has triggered fresh investor interest in the defense sector, with analysts pointing to a sustained multi-year procurement cycle for major contractors. Exchange-traded funds offer a diversified…
India’s economy expanded by 7.8% in the quarter ending June, comfortably surpassing analyst expectations and signaling continued resilience in Asia’s third-largest economy. A Reuters poll had forecast growth of 7.1% for the period, meaning the actual figure came in significantly ahead of consensus estimates across the board. The result matches the 7.8% growth recorded in…
After posting one of the more striking multi-year runs in the satellite communications space, AST SpaceMobile (ASTS) is drawing fresh scrutiny over whether its current price can be justified. The stock has returned roughly 13 times over the past three years, setting an exceptionally high bar for any additional upside to hold up under fundamental…
SpaceX CEO Elon Musk publicly backed President Donald Trump’s proposed United States Space Academy after Trump signed an executive order establishing a commission to design it. Musk responded to the White House announcement on X with two rocket emojis, signaling his support for the initiative aimed at building America’s next generation of space talent. The…
Millions of Americans approaching retirement face a critical decision about when to claim Social Security spousal benefits, and the timing can mean the difference of hundreds of dollars each month. If your spouse has built a substantial Social Security record, you may be eligible to receive up to 50% of their primary insurance amount as…
Bank of England Governor Andrew Bailey has issued a stark warning that advanced artificial intelligence models could trigger a disorderly correction in global financial markets. Bailey delivered the warning in a two-page letter published Monday to G20 finance ministers and central bank governors, outlining the systemic risks posed by so-called frontier AI models. Writing in…
US Mobile plans to bring AST SpaceMobile-powered direct-to-cell satellite coverage to its Verizon-based Warp network during the fourth quarter of 2026. The announcement represents a potential new catalyst for shares of AST SpaceMobile (ASTS), which have faced persistent selling pressure in recent weeks. ASTS stock fell nearly 6% on Friday and ended last week down…
AI remained a central force powering tech stocks during the final week of August, drawing intense retail investor attention across several high-profile names. Nvidia (NVDA) reported fiscal second-quarter revenue of $96.2 billion on Aug. 26, representing a 106% increase from a year earlier and surpassing Wall Street’s $92.2 billion expectation. The chipmaker guided for approximately…
U.S. stock-index futures moved lower Sunday as investors weighed the growing probability of a fresh interest-rate increase from the Federal Reserve. Markets are now pricing in a 58% probability of a 25-basis-point rate hike at the September meeting, up sharply from 36% before Fed Chair Kevin Warsh’s speech Friday. Warsh told attendees at the annual…
China’s factory activity shrank for a second straight month in August, though the contraction was smaller than economists had anticipated, adding pressure on Beijing to shore up the slowing economy. The official purchasing managers’ index came in at 49.8 in August, an improvement from 49.2 recorded in July, according to data released Monday by the…