US Politics & Business News
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Wall Street emerged from Wednesday’s Federal Reserve decision increasingly convinced that a rate hike is coming, likely as soon as September. The Fed held interest rates steady at the second meeting led by Chairman Kevin Warsh, but the decision carried a distinctly hawkish tone that rattled investors across asset classes. Three policymakers broke from the…
Social Security survivor benefits are among the most misunderstood programs available to Americans who have lost a spouse, and the rules differ significantly from standard retirement benefits. Many people mistakenly assume that the age-62 threshold governing retirement and spousal benefits also applies to survivor benefits, but that is not the case. Widows and widowers are…
Both AST SpaceMobile and QuantumScape represent high-risk, pre-profitability bets on transformative technologies that have yet to reach commercial scale. AST SpaceMobile (ASTS) is building a first-of-its-kind space-based cellular network through strategic partnerships with major global telecom carriers around the world. QuantumScape (QS) is pursuing the commercialization of solid-state batteries with backing from industry partners that…
Over the past month, quantum computing stocks have been hit hard as investors pulled capital from high-multiple, pre-profit technology names across the board. IonQ (NYSE: IONQ) shares are down 39% over the trailing month, with the stock trading around $32.86 midday Wednesday, making it one of the sector’s steepest decliners. Rigetti Computing (NASDAQ: RGTI) and…
General Dynamics (GD) delivered second-quarter financial results that surpassed Wall Street expectations, prompting the defense contractor to raise its earnings outlook for the full year. The company’s performance signal strong operational momentum heading into the second half of 2026, as defense spending continues to attract significant investor attention across the sector. General Dynamics operates across…
Individual investors are selling stocks at the fastest pace recorded since the market collapse that accompanied the COVID-19 pandemic in 2020. The selling pressure from retail participants marks a significant shift in sentiment, as individual investors had been among the most resilient buyers during recent periods of market turbulence. The pace of selling reflects growing…
After developing his skillset with long hours in the law library, Russell Nicolet built his law practice, seeking to represent people after tough injuries and accidents. Russell Nicolet started Nicolet Law with one person and one goal. Employing only himself, he simply wanted to use the skills he earned as a first-generation law student to…
Las Vegas is experiencing the sharpest home price declines of any major American city, according to new data highlighting the depth of the housing market’s struggles in the desert. The average Las Vegas house price stood at $454,000 last month, reflecting a 1.4% decline compared to the same period one year ago. A Redfin report…
AST SpaceMobile (ASTS) drew renewed investor attention Wednesday after Scotiabank upgraded the stock and cited expanding satellite pipeline and telecom partnerships as proof of its “global reach and impressive technology.” Scotiabank upgraded ASTS to “Sector Perform” from “Underperform” and raised its price target to $50.80 from $41.20, describing the valuation as having entered a “grey…
D-Wave Quantum Inc. (NYSE: QBTS) snapped a three-day losing streak on Monday, surging as much as 19.6 percent to $19.39 per share following two major announcements. The quantum computing company confirmed it signed a commercial collaboration agreement with AT&T (NYSE: T) on the same day its shares were uplisted to the New York Stock Exchange….