US Politics & Business News
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Treasury Secretary Scott Bessent’s move to expand government debt buybacks, intended to stabilize markets, is instead triggering fresh concerns about inflation among investors. Over the past several days, investors have begun pricing in higher inflation expectations, a reaction that suggests the Treasury Department’s intervention may carry unintended consequences. The so-called breakeven rate, a market-based measure…
AST SpaceMobile (ASTS) has received a 30-day authorization from the Federal Communications Commission to test satellite connectivity using the 800 MHz spectrum band. The approval represents a meaningful regulatory milestone for the company as it continues building out its space-based cellular broadband network. The 800 MHz band is particularly significant because it offers strong signal…
Boeing (BA) posted its strongest quarterly delivery numbers since 2018 in the second quarter of 2026, yet the stock has still lost ground over the past year. The company delivered 171 airplanes in Q2 2026, a milestone that looks impressive until investors examine how little cash those deliveries actually produced. Boeing generated just $631 million…
Washington and Ottawa are engaged in urgent last-minute negotiations aimed at blocking scheduled 50% import taxes on roughly $20 billion in Canadian goods. President Donald Trump threatened the steep tariffs on Canadian exports including cement and hockey sticks, ratcheting up pressure on both governments to reach an agreement quickly. With less than two hours before…
A family is facing a deeply personal financial conflict after a 99-year-old grandmother reportedly decided to remove her daughter from her will. The situation has placed a grandchild in an uncomfortable position, uncertain whether stepping in would help resolve matters or make them significantly worse. Estate planning disputes within families are among the most emotionally…
The American Federation of Government Employees is pushing Congress to dramatically increase funding for the Social Security Administration amid a worsening staffing crisis. AFGE Council 220 President Jessica LaPointe called on lawmakers to approve $3 billion above current spending levels to hire an additional 20,000 SSA employees. LaPointe said the funding is needed “to begin…
Despite a roughly 15x gain over three years, D-Wave Quantum (QBTS) still registers as expensive rather than a bargain on standard valuation measures. The stock has delivered approximately 26.9% returns over the last year alone, adding further pressure on investors to assess whether current prices reflect too much optimism. On Simply Wall St’s broader checks,…
Despite record defense spending and active combat operations, most major defense contractor stocks have struggled to hold ground in recent trading sessions. Shares of 10 major defense contractors tracked by Barron’s were down an average of 17% since fighting started in Iran, a notable decline given the current war footing. Only two companies in the…
Wall Street’s largest hedge funds dramatically increased their exposure to Big Tech during the second quarter, doubling down on artificial intelligence as a generational growth driver. Firms including Bridgewater Associates, Tiger Global Management, and Discovery Capital led the charge back into technology stocks after months of hesitation. Earlier this year, bets on Big Tech had…
Shares of AST SpaceMobile (ASTS) climbed 1% overnight late Thursday after reports surfaced that the company and SpaceX (SPCX) are eyeing a massive low-band spectrum portfolio. Grain Management has asked interested parties to submit preliminary offers by the first week of September for 800 MHz licenses it recently acquired from T-Mobile. Bloomberg reported, citing people…