US Politics & Business News
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Quantum computing stocks are taking their sharpest single-session hit in weeks midday Wednesday, driven entirely by shifting Federal Reserve rate expectations rather than any company-specific developments. IonQ (NYSE: IONQ) is leading the sector lower, falling 4% to $38.77 in early afternoon trading, erasing a meaningful portion of the sector’s recent bounce. Rigetti Computing (NASDAQ: RGTI)…
GE Aerospace (GE) has signed an agreement to acquire Consolidated Precision Products, known as CPP, from private investment firms Warburg Pincus and Berkshire Partners. The transaction is valued at approximately $11.75 billion in total, structured using $7 billion in cash with debt covering the remaining consideration. CPP, headquartered in Cleveland, Ohio, specializes in producing precision-engineered…
Diageo’s Crown Royal whisky brand appears positioned to sidestep a sweeping U.S. import ban on Canadian alcoholic beverages, thanks to its American bottling operations. President Trump signed an executive order banning the import of wine, spirits, and beer from Canada into the U.S., taking effect September 29, deepening an already bitter trade dispute. The ban…
A growing number of young Americans say the classic formula for financial success is no longer working the way previous generations experienced it. Generation Z and younger millennials are finding it harder than ever to achieve financial stability through education, stable employment, and homeownership. Rising living costs, unaffordable starter homes, mounting consumer debt, and the…
L3Harris Technologies (LHX) is strengthening its missile defense footprint after securing a landmark $4.7 billion contract from Lockheed Martin (LMT). Announced on September 8, 2026, the seven-year undefinitized contract award covers propulsion systems for the PAC-3 Missile Segment Enhancement interceptor, known as the MSE. The award represents L3Harris’ largest PAC-3 propulsion contract to date and…
UBS strategists are making a bold case for European equities, arguing that the region’s stocks are high quality and significantly underowned by global investors. The Swiss banking giant says Europe has long suffered from a reputation that no longer reflects the underlying reality of its corporate landscape. UBS is telling clients to forget what it…
The White House announced sweeping import bans on a range of Canadian goods, escalating an already bitter trade dispute between the two neighboring countries. President Donald Trump signed a series of executive orders Monday targeting Canadian whey products, molasses, non-alcoholic beer, and numerous alcoholic beverages including malt beer, wines, cider, whiskies, vodka, and other spirits….
Shares of AST SpaceMobile (ASTS) climbed to a nearly three-week high on Tuesday, driven by fresh regulatory filings and growing momentum around satellite broadband competition. ASTS stock jumped 6% during Tuesday’s session and added another 0.4% in overnight trading ahead of Wednesday’s open. AST’s unit, AST & Science, filed with the Federal Communications Commission on…
Howmet Aerospace Inc. (HWM) has delivered a standout performance in 2026, surging 26.5% year to date and far outpacing broader market benchmarks. The S&P 500 has gained just 12.2% over the same period, while Howmet’s own industry has actually declined 5.4%, making the company’s run all the more impressive. Peers GE Aerospace (GE) and RTX…
Bombardier shares fell sharply after President Donald Trump threatened the Canadian private jet maker’s access to the lucrative U.S. market, which accounts for roughly half of the company’s total sales. Shares slipped 3% in morning trading after opening down as much as 6.4%, reflecting investor concern over the escalating trade dispute between Washington and Ottawa….