US Politics & Business News
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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…
AST SpaceMobile (ASTS) director Adriana Cisneros purchased 10,822 shares of Class A Common Stock on August 31, 2026, according to a recent SEC Form 4 filing. The transaction was valued at approximately $619,235, based on a weighted average execution price of $57.22 per share on the date of purchase. Notably, the stock closed at $59.10…
AST SpaceMobile (ASTS), a developer of low Earth orbit satellites, went public through a merger with a special purpose acquisition company in April 2021. Since its market debut, ASTS has risen more than fivefold, drawing significant investor attention as the LEO satellite sector gains momentum globally. Unlike SpaceX’s Starlink satellites, AST’s BlueBird satellites are considerably…
U.S. stock investors have reason to pay attention to the currency market for signs of how money may be flowing in and out of chip stocks. The semiconductor sector has long been sensitive to macroeconomic signals, and currency fluctuations can serve as an early indicator of broader capital movement across global markets. When foreign exchange…
When multiple siblings inherit an IRA together, one of the first questions they ask is whether they can simply liquidate the account and split the proceeds immediately. The short answer is yes, beneficiaries can cash out an inherited IRA in a lump sum, but the financial consequences of doing so can be significant and long-lasting….
Two very different space-focused companies are competing for investor attention, with one offering explosive growth and the other delivering steady, profitable performance. AST SpaceMobile (ASTS) has seen its share price pull back significantly, prompting investors to ask whether the satellite communications company is now undervalued compared to defense giant L3Harris Technologies (LHX). AST SpaceMobile has…
Lockheed Martin (LMT) is deepening its presence in India through strategic partnerships aimed at expanding local defense manufacturing and strengthening supply-chain capabilities. The company, through the Javelin Joint Venture with RTX Corporation (RTX), recently signed a memorandum of understanding with Tata Advanced Systems Limited to explore co-production of the Javelin All Up Round in India….
A reader’s devastating account of losing her best friend has resurfaced one of personal finance’s most urgent and persistently ignored warnings: make a will. The story, shared in a financial advice column, centers on a woman who died intestate, meaning she left no legal document directing where her assets should go. Her friend had long…
Oil prices climbed to near seven-week highs as Iran signaled plans to increase its control over the critical Strait of Hormuz shipping lane. Iran confirmed it had rejected a 15-point US proposal aimed at ending the ongoing conflict, instead submitting its own set of conditions to negotiators. Among Tehran’s key demands is formal recognition of…
Japan’s foreign reserves have fallen at their fastest pace since the finance ministry began keeping records in 2000, dropping 6.18% in August. Finance ministry data showed that foreign reserves stood at $1.207 trillion, down sharply from July’s figure of $1.287 trillion. The decline marks the fourth consecutive month that reserves have contracted, extending a troubling…