US Politics & Business News
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Grey’s Anatomy actress Katherine Heigl has placed her sprawling Utah mountain estate on the market with an asking price of $10.6 million. The property sits on 25 acres in the rural Oakley community, located roughly 15 miles outside of Park City, Utah. The main residence spans approximately 8,000 square feet and offers six bedrooms and…
While valuations still look extreme relative to history, the recent pace of corporate earnings growth has also meaningfully diverged from the long-term trend. Stock market observers have grown increasingly alarmed by what analysts are describing as a rare and dangerous double bubble forming across equity markets. A double bubble refers to a simultaneous inflation of…
RTX Corporation (RTX) has delivered a standout performance over the past year, with its stock surging 36.6% and leaving much of the aerospace and defense sector behind. That gain dwarfs the Zacks Aerospace-Defense industry’s growth of 6.6% and the broader Zacks Aerospace sector’s 11% return over the same period. RTX also outpaced the S&P 500,…
Analysts and investors have long observed a recurring pattern in U.S. equity markets that aligns with the congressional calendar each year. When lawmakers leave Washington for summer recess, historical data suggests stock markets have a tendency to perform better than during active legislative sessions. The relationship between congressional activity and market performance is more than…
U.S. investors are setting themselves up for disappointment, with expectations for portfolio returns that dramatically outpace what history says is achievable. According to research highlighted by MarketWatch columnist Mark Hulbert, the average American investor expects their portfolio to beat inflation by 12.6% annually over the long term. That figure alone is striking, but Hulbert’s analysis…
The United States faces Belgium in the Round of 16 Monday night on Fox and Telemundo, with analysts expecting another record-breaking television audience. The U.S. victory over Bosnia and Herzegovina drew an average of 24.43 million viewers, according to preliminary Nielsen numbers, making it the largest English-language TV audience ever for a soccer match in…
AST SpaceMobile (ASTS) shares slipped more than 1% overnight on Monday despite the company announcing that its BlueBird 11 satellite is en route to Cape Canaveral for an August launch. The overnight dip followed a 5% drop during Monday’s regular session, as ASTS joined a broader pullback across space stocks after the sector gave back…
AST SpaceMobile, Inc. (ASTS) closed the most recent trading session at $80.64, a decline of 5.27% from the prior day’s closing price. The drop stood in stark contrast to broader market performance, with the S&P 500 posting a daily gain of 0.72% on the same day. The Dow Jones Industrial Average also moved higher, rising…
The U.S. Army has selected REalloys (NASDAQ: ALOY) to build and operate the first commercial critical mineral processing facility ever established on a U.S. military installation. REalloys plans to construct a heavy rare earth processing complex at the Tooele Army Depot in Utah, targeting the refinement of dysprosium and terbium for use in defense-grade permanent…
President Donald Trump reversed course on Walmart Monday, calling the retail giant patriotic after it agreed to lower prices on hundreds of products. Trump posted on Truth Social that Walmart would be cutting prices “by a lot” at his administration’s request to celebrate the nation’s 250th anniversary. “I have just been informed that one of…