Business News - Page 55 of 123

RTX (RTX) Unit Pratt & Whitney Snaps Up Dutch AI Firm Aiir Innovations To Overhaul Engine Inspection Operations

Anthony SinclairJuly 16, 202603 mins

Pratt & Whitney, a business unit of RTX (NYSE: RTX), has acquired Amsterdam-based Aiir Innovations to expand artificial intelligence use across its aircraft engine inspection and maintenance operations. The deal, announced on July 15, 2026, brings AI-assisted software into Pratt & Whitney’s global maintenance network, covering commercial, civil and military engine programs. Aiir Innovations has…

Social Security Claiming Age Debate: Should Life Expectancy Even Factor Into Your Decision?

Thomas ShelterJuly 16, 202603 mins

The question of when to claim Social Security benefits remains one of the most consequential financial decisions American retirees face each year. Many financial planners traditionally advise clients to weigh their life expectancy when deciding whether to claim benefits early, at full retirement age, or delay until age 70. The conventional wisdom holds that those…

A Loved One’s Bank Balance Can Drain Fast After Death — Here Is What You Need To Know

Anthony SinclairJuly 16, 202605 mins

After a person dies, their bank account does not simply freeze in place while the estate waits to be settled by the courts. Standing orders tied to cellphone bills, utilities, rent, and mortgage payments can continue drawing from the account until the bank receives an official death certificate. Streaming subscriptions from services such as Apple…

AI Now So Dominant That Investors Cannot Escape Its Reach In Any Portfolio

Thomas ShelterJuly 15, 202603 mins

The idea that investors can build a portfolio that sidesteps artificial intelligence exposure has become increasingly difficult to defend in 2026. The U.S. stock market and the AI economy are now so deeply intertwined that avoiding AI is less a strategy and more a fiction for most retail and institutional investors alike. A small cluster…

AST SpaceMobile (ASTS) Selloff Deepens As Analyst Flags Potential Rocket Company Acquisition Behind $1B Raise

Anthony SinclairJuly 15, 202606 mins

Shares of AST SpaceMobile (ASTS) plunged 12% overnight Wednesday after the company announced a $1 billion convertible note offering that rattled investors and sparked acquisition speculation. ASTS stock had already fallen 4% during Wednesday’s session and is down nearly 10% for the week, putting it on track for a second straight weekly decline. The company…

Quantum Computing Stocks (QUBT, IONQ, QBTS, RGTI) Sell Off Hard, But One Name Stands Out As A Clear Buy

Thomas ShelterJuly 15, 202604 mins

Cooling inflation has done little to restore investor confidence in speculative growth stocks, leaving quantum computing names among the hardest hit in recent weeks. U.S. consumer inflation slowed to 3.5% in June from 4.2% in May, while core inflation held steady at 2.6%, according to data released July 14, 2026 by the U.S. Bureau of…

Goldman Sachs (NYSE: GS) Executive Predicts Space Will Reshape Every Industry By 2050

Anthony SinclairJuly 15, 202606 mins

Michael Brandmeyer, co-CIO of Goldman Sachs Asset Management’s External Investing Group, has offered a bold prediction about the long-term trajectory of the space economy. Speaking on the firm’s Exchanges podcast episode titled “The Growth of the Space Industry,” Brandmeyer argued that space will eventually underpin nearly all commercial activity. His central prediction was direct: “I…

United Airlines (UAL) Faces $6 Billion Fuel Cost Surge As Oil Prices Batter Full-Year Outlook

Thomas ShelterJuly 15, 202605 mins

United Airlines (UAL) warned investors Wednesday that it expects nearly $6 billion in additional fuel expenses this year compared with its estimates at the start of 2026. A renewed surge in oil prices has placed enormous pressure on the carrier’s third-quarter and full-year profit outlooks, forcing a significant reassessment of costs. Jet fuel prices at…

J.B. Hunt (JBHT) Sees Tightening Trucking Market As Demand Outpaces Early Expectations

Anthony SinclairJuly 15, 202604 mins

J.B. Hunt Transport Services (JBHT) delivered an optimistic outlook to investors, citing a meaningfully tighter trucking market than the company anticipated heading into 2026. Management made the upbeat remarks at the Barclays 43rd Annual Industrial Select Conference in Miami, drawing attention from analysts tracking the freight sector. “Demand seems to be a little bit more…

FIFA World Cup Lifts Bars And Restaurants But Fed Warns Of Broader Consumer Weakness

Thomas ShelterJuly 15, 202604 mins

The FIFA World Cup delivered a measurable boost to bars, restaurants, and hotels in host cities, but the gains failed to offset wider economic softness, according to a new Federal Reserve report. The Fed’s Beige Book, released Wednesday, offered a mixed portrait of an economy where a major global sporting event could not fully overcome…