US Politics & Business News
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The chip sector’s blistering two-month run has added roughly half a trillion dollars in market cap to the Nasdaq 100, raising serious questions about sustainability. The rally, which saw an approximately 80% surge in semiconductor stocks, also spurred one of the most successful ETF launches in history and dozens of parabolic single-stock moves. Beneath the…
SanDisk has delivered one of the most stunning financial performances in recent memory, and Wall Street analysts believe the stock has room to run even further. The company posted fiscal third-quarter revenue of $5.95 billion, a figure that represents 3.5 times the revenue generated during the same period a year ago. That result blew past…
Retirees drawing from tax-deferred accounts face a growing challenge as required minimum distributions push them into unexpectedly high tax brackets each year. When RMDs combine with Social Security benefits, dividends, and capital gains, the total taxable income can surge well beyond what many retirees originally anticipated during their working years. Financial planners increasingly point to…
Despite widespread economic anxiety gripping American households, shift workers are actually feeling better about their jobs than they did a year ago. A new annual survey from Deputy, a global firm helping small businesses with scheduling, human resources, and affiliated services, shows a measurable uptick in worker positivity across shift-based industries. Those surveyed showed a…
Gold fell below $4,000 on June 24 for the first time since November 2025, rattling precious metals markets and deepening an already painful quarterly loss. The breach marks a dramatic reversal for a metal that set record highs earlier this year, with prices now down roughly 24% since the Iran war began in late February….
Tesla (NASDAQ: TSLA) shares surged approximately 8% on Monday after the company released a long-awaited update to its Full Self-Driving software platform. The update, known as FSD V14 Lite, was rolled out to early-access Hardware 3 vehicles, marking a significant milestone in Tesla’s ongoing autonomous driving development. The rally highlights a striking shift in how…
Rocket Lab has announced plans to acquire Iridium Communications for approximately $8 billion, positioning itself as a direct competitor to SpaceX’s Starlink satellite network. The deal, announced June 29, will see Iridium shareholders receive $27 in cash plus Rocket Lab stock, valuing each Iridium share at $54 in a combined cash-and-stock transaction. Rocket Lab CEO…
At 70 and single, with a personal expectation of not reaching 80, choosing between a reverse mortgage and a home equity agreement carries significant financial weight. Both financial products offer access to home equity without requiring the homeowner to sell their property, but they work in fundamentally different ways. A reverse mortgage is a federally…
Washington’s AI debate has entered a new phase. After years of hearings, voluntary frameworks and warnings about safety, copyright, labor and national security, Congress is now attempting to write the first serious federal rulebook for artificial intelligence. But energy regulators, utilities, data-center operators, governors and local communities are asking an increasingly urgent question: is Congress…
Wall Street has developed a striking pattern tied to U.S. military actions against Iran, with Monday morning trading sessions becoming increasingly predictable for equity traders. Each time the Trump administration launches or cancels strikes against Iran over a weekend, markets respond with sharp and consistent moves by the following Monday open. The latest example came…