Business News - Page 50 of 208

Jean Chatzky’s “Forever Paycheck” Strategy Offers Retirees Steady Income Without Annuity Costs

Anthony SinclairSeptember 8, 202604 mins

Millions of Americans approaching retirement face a common and deeply unsettling challenge: converting decades of disciplined saving into a reliable, lasting income stream. Jean Chatzky’s new book, “The Forever Paycheck,” lays out a practical framework for generating steady retirement income without depending entirely on traditional annuity products. Chatzky suggests allocating roughly 25% of a retirement…

Visa (V) CEO Pushes Stablecoin Expansion, AI Productivity Gains, And Cross-Border Payment Growth

Anthony SinclairSeptember 8, 202604 mins

Visa (V) took the stage at the Goldman Sachs Communacopia + Technology Conference 2026 to present a company pressing forward across payments, software, identity, stablecoins, and agentic commerce. Chief Executive Ryan McInerney described strong U.S. spending trends, accelerating cross-border volumes, and rapid growth in value-added services as central pillars of the company’s current momentum. McInerney…

Quantum Computing Stocks RGTI, QBTS, And QNT Surge As U.S. Government Takes Equity Stakes In $2 Billion Initiative

Thomas ShelterSeptember 8, 202603 mins

Three major publicly traded quantum computing companies are seeing significant stock price gains after securing landmark funding agreements with the federal government. Rigetti Computing (Nasdaq: RGTI), D-Wave Quantum (Nasdaq: QBTS), and Quantinuum (Nasdaq: QNT) each finalized agreements with the U.S. Department of Commerce’s CHIPS Research and Development Office for $100 million apiece. The funding is…

RTX Lands $472 Million Chinook Modernization Contract To Boost Defense Aviation Portfolio

Anthony SinclairSeptember 8, 202603 mins

RTX Corporation (RTX) is deepening its foothold in military aviation as the U.S. Army pushes forward with plans to modernize and sustain its helicopter fleet. Through its Collins Aerospace business, RTX secured a contract worth up to $472 million to provide engineering services supporting the modernization and sustainment of the CH-47 Chinook fleet. The contract…

Homeowner Faces Dilemma After One Son Wants To Build $400,000 House On Family Property

Thomas ShelterSeptember 8, 202604 mins

A parent is wrestling with a significant financial and family decision after one of their two sons expressed interest in building a home on the family’s property. The proposed construction carries an estimated cost of $400,000, a figure that represents roughly 30% of the property’s current total value. A key legal complication shapes the entire…

Federal Reserve Rate Decision Could Hinge On Fractions Of A Percentage Point In Inflation Data

Anthony SinclairSeptember 8, 202605 mins

The Federal Reserve’s upcoming interest rate vote may ultimately be decided by just a few hundredths of a percentage point in inflation readings. Investors are closely watching this week’s producer and consumer price index releases as critical inputs for the Fed’s September 16 policy decision. Markets currently see the Fed leaning toward a hike, but…

Rocket Lab (RKLB) Analyst Sees Stock More Than Doubling Despite Test Failure Selloff

Anthony SinclairSeptember 8, 202605 mins

Rocket Lab (NASDAQ: RKLB) trades at $64.26, sitting roughly 57% below its 52-week high of $151 after a string of setbacks rattled investor confidence. A Stage 1 tank test failure pushed the debut of the company’s Neutron medium-lift rocket to Q4 2026, with management acknowledging the year-end launch window is narrowing considerably. Despite that pressure,…

Commerce Department Takes Equity Stakes In Quantum Firms As Rigetti (RGTI) Surges 6% And D-Wave (QBTS) Climbs 5%

Thomas ShelterSeptember 8, 202604 mins

The U.S. Commerce Department has finalized CHIPS Act funding awards that hand the federal government minority, non-controlling equity stakes in two quantum computing recipients. Rigetti Computing (NASDAQ: RGTI) jumped 6% to $16.13 in early trading, while D-Wave Quantum (NYSE: QBTS) climbed 5% to $17.46 on matching award terms. Both companies signed definitive agreements with the…

D-Wave (QBTS), Rigetti (RGTI), And Quantinuum Each Secure $100M In Federal CHIPS Act Funding

Anthony SinclairSeptember 8, 202603 mins

The U.S. Department of Commerce has finalized agreements to award $100 million each to three leading quantum computing companies under the CHIPS and Science Act. D-Wave Quantum, Rigetti Computing, and Quantinuum all reached definitive agreements with the federal government on Tuesday, marking a significant public investment in the quantum computing sector. Each company will receive…

Amazon (AMZN) And AT&T (T) Form Satellite Alliance To Take On SpaceX’s Starlink

Thomas ShelterSeptember 8, 202603 mins

Amazon and AT&T announced a sweeping strategic partnership on February 4, 2026, combining orbital satellite capabilities with terrestrial fiber infrastructure in a direct challenge to SpaceX. The agreement centers on Amazon Leo, the newly rebranded commercial arm of Amazon’s Project Kuiper, which will serve as a primary satellite connectivity layer for AT&T’s business and public…