US Politics & Business News
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The closure of the Strait of Hormuz in early 2026 triggered what the IEA immediately described as the largest supply disruption in the history of the global oil market. The strait’s effective shutdown cut off approximately 15 million barrels per day of crude oil, a volume that dwarfs every previous disruption in modern energy history….
SpaceX (NASDAQ: SPCX) stock is sinking 5% to $112.59, leaving the rocket maker 17% below its $135 June IPO price as markets brace for a pivotal evening launch. The selloff arrives just hours before Starship attempts its 13th test flight, a launch that could determine whether SpaceX’s costly pivot away from Falcon 9 ultimately pays…
D-Wave Quantum (QBTS) expects second-quarter 2026 revenues to come in modestly above first-quarter levels, with the bulk of annual revenues likely landing in the second half of the year. The timing pattern stems from how the company recognizes revenue on systems transactions, its remaining performance obligations, and the shape of its broader sales pipeline. System…
College students across the United States are increasingly moving into retirement communities, drawn by more than just the prospect of affordable housing in a difficult market. Intergenerational living arrangements are gaining traction as a creative solution to two distinct social problems: the student housing crisis and senior loneliness. University-based programs are pairing young students with…
UK banks are expected to report strong first-half profits this week, even as the ongoing Iran war raises fresh concerns about household finances and loan defaults. Barclays (BARC.L), Lloyds Banking Group (LLOY.L), and NatWest are all scheduled to release their half-year results on Tuesday, Thursday, and Friday respectively. Experts broadly anticipate that all three lenders…
SpaceX (SPCX) has fallen more than 50% from its all-time intraday high, joining a broader space stock sell-off that was already in motion before its June 12 market debut. The Procure Space ETF (UFO) peaked in late May, roughly two weeks before SpaceX reached the public market, signaling the sector had already begun to roll…
D-Wave Quantum Inc. (QBTS) will ring the Nasdaq Opening Bell on July 27, 2026, marking the company’s official listing debut on the prestigious technology exchange. CEO Dr. Alan Baratz and the D-Wave management team will lead the ceremonial bell-ringing at the Nasdaq MarketSite in Times Square, New York. The event follows the company’s voluntary transfer…
RTX Corp. and Lockheed Martin have emerged as standout performers this week, riding a wave of investor enthusiasm following strong second-quarter 2026 earnings reports. Both defense giants delivered results that exceeded Wall Street expectations, raised their full-year outlooks, and reported record contract backlogs that signal durable demand for years ahead. RTX posted double-digit revenue and…
China has steadily expanded its economic and political footprint across the Middle East, positioning itself as a dominant force in the region’s shifting power dynamics. Analysts who track global currency flows and commodity markets say Beijing’s deepening ties with Middle Eastern nations carry significant implications for both gold prices and the U.S. dollar. As China…
A 63-year-old semiretired physician is raising a pointed question about whether high-net-worth Americans should be allowed to opt out of Social Security entirely. The physician, writing to MarketWatch’s “Dear Quentin” advice column hosted by Quentin Fottrell, says they have accumulated $2 million in retirement savings. The letter writer argues that wealthy retirees with substantial nest…