US Politics & Business News
Read the latest business news today at Congress.net
A 401(k) rollover is one of the most debated moves in personal finance, with many savers questioning whether locking up funds is worth the trade-off. When workers change jobs or retire, they often face a critical decision about what to do with their existing retirement savings accumulated over years of employment. Rolling funds into a…
Corporate earnings have surged at an extraordinary rate, but analysts and strategists increasingly warn the breakneck pace is unsustainable heading into next year. The S&P 500 was on track to deliver second-quarter earnings growth of 47% on a yearly basis, up sharply from around 20% prior to the start of the earnings season, according to…
Katrina Linden graduated from the University of Notre Dame in 2016 and moved to Sacramento, California, expecting to buy a home within a few years. Like many young Americans at the time, she saw homeownership as an achievable goal, provided she could save enough money for a down payment. Interest rates were relatively low when…
Insiders at IonQ (NYSE: IONQ), Rigetti Computing (NASDAQ: RGTI), and D-Wave Quantum (NYSE: QBTS) have collectively sold approximately $863 million more stock than they have purchased over the last three years. The figure comes from an analysis of Form 4 filings cited by The Motley Fool, and carries a notable caveat: insider buying across all…
TransDigm Group (TDG) is capitalizing on robust commercial aerospace activity and rising demand for aircraft maintenance, repair, and replacement parts across global markets. The company’s portfolio of highly engineered aerospace components positions it well to benefit from increased aircraft utilization and an aging global fleet requiring consistent upkeep. Commercial aftermarket revenues climbed approximately 17% year…
Dolly Parton, widely known as the “Queen of Country Music,” passed away at age 80 after what representatives described as a “brief battle with cancer.” She died at Vanderbilt-Ingram Cancer Center in Nashville, surrounded by loved ones, leaving behind a massive commercial and cultural legacy. Industry data and analytics company Luminate reported that audio and…
Microsoft (MSFT) shares have sealed their longest winning streak of 2026, as investor anxiety over artificial intelligence disrupting the broader software sector continues to fade. The rally reflects a meaningful shift in market sentiment, with Wall Street growing more comfortable that AI represents opportunity rather than an existential threat to established software companies. BofA Securities…
SpaceX has filed a formal complaint at the Federal Communications Commission challenging Iridium Communications (NASDAQ: IRDM) conduct as regulators review Rocket Lab’s (NASDAQ: RKLB) pending $8 billion takeover bid. Rocket Lab stock fell 6% to $63.82 on Friday, extending an already difficult week for the launch and space systems company heading into a critical shareholder…
D-Wave Quantum (NASDAQ: QBTS) shares tumbled 16.6% for the week ending Friday, August 28, 2026, sharply underperforming a broadly rising market. The steep decline stands in stark contrast to gains posted by major indexes, with the S&P 500 climbing 1.1% and the Nasdaq Composite rising 1.8% over the same period. The sell-off was triggered largely…
RTX Corporation (RTX) has surged back into investor focus after its Raytheon business secured a massive US$22.9 billion, seven-year contract from the U.S. military. The deal calls for a dramatic ramp in Tomahawk cruise missile production, scaling output from just 60 units annually all the way up to 1,000 units per year. RTX shares were…