US Politics & Business News
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Millions of older Americans on Social Security face a little-known government power that can strip up to 15% of their monthly benefits to repay defaulted federal student loans. The process, known as an offset, allows the Treasury Department to withhold Social Security retirement and disability payments until a defaulted loan is fully repaid or removed…
A routine executive compensation filing at AST SpaceMobile has ignited takeover speculation, sending shares sharply higher in early Wednesday trading. The board adopted a change-of-control severance arrangement covering CEO Abel Avellan and other senior executives, triggering immediate speculation among retail investors about a potential acquisition or strategic investment. The arrangement requires both a change of…
Lockheed Martin (NYSE: LMT) has raised its dividend for 23 consecutive years, powered almost entirely by one customer: the United States government. That singular reliance on Pentagon spending has proven to be both the dividend’s greatest strength and its most significant vulnerability. Lockheed ended the second quarter of 2026 with a record backlog of $230.42…
The Federal Reserve’s primary inflation measure posted a softer-than-expected reading in August, offering some relief to markets rattled by rising bond yields. The personal consumption expenditures price index rose a seasonally adjusted 0.3% for the month, placing the 12-month headline gain at 3.4%, below the 3.7% economists surveyed by Dow Jones had forecast. Excluding food…
AST SpaceMobile (ASTS) stock has shed 31% since early July, closing at $58 on October 2 after a string of setbacks rattled investor confidence. The steepest single-session decline came on July 16, when shares plunged 17% following the company’s announcement of a $1 billion convertible notes offering the previous day. Convertible notes allow holders to…
Quantum computing is rapidly moving from experimental laboratories into real commercial applications, and three companies are positioning themselves as early leaders in this emerging space. IonQ (IONQ), D-Wave Quantum (QBTS), and Rigetti Computing (RGTI) represent what some analysts see as ground-floor opportunities before quantum computing becomes a dominant Wall Street conversation. IonQ is pursuing an…
Big technology names drove the Nasdaq Composite to a weekly gain as the Dow Jones Industrial Average and Russell 2000 both closed the week lower. The Dow finished at 51,094.96, up 0.33% on Friday but down 1.42% for the week, with an RSI14 of 38.1 signaling a weakening trend. The S&P 500 ended the week…
The Bureau of Labor Statistics is set to release its September nonfarm payrolls report Friday at 8:30 a.m., with markets bracing for a modest hiring figure. Wall Street’s Dow Jones consensus expects job growth of 84,000 for September, with the unemployment rate holding steady at 4.1%. The anticipated payroll figure marks a clear downshift from…
AST SpaceMobile (ASTS) is drawing intense market attention after a recent SEC filing detailing updated executive change-of-control severance plans ignited widespread acquisition rumors. The disclosure outlined a revised change-of-control payout structure covering the company’s CEO and senior executive leadership team, triggering immediate speculation among retail traders. Retail trading platforms quickly interpreted the new severance arrangements…
SpaceX held its ground better than any rival this week, with SPCX falling just 0.4% while the broader space sector sold off sharply. RKLB declined 5%, FLY lost 6%, PL dropped 7%, ASTS shed 8%, and RDW slid 9% over the same period. Starship Flight 14 reached orbit on Monday, successfully deploying 26 Starlink V3…