US Politics & Business News
Read the latest news about U.S. politics today at Congress.net
The United Kingdom’s spy chief has made a striking claim about the staggering human cost of Russia’s ongoing war in Ukraine. Nearly half a million Russian soldiers have been killed since the Kremlin launched its invasion of Ukraine more than four years ago, according to the UK’s top intelligence official. The figure represents one of…
Chicago Federal Reserve President Austan Goolsbee said Thursday that energy inflation tied to the war in Iran has lasted longer than initially expected. Goolsbee made the remarks to CNBC’s Kaori Enjoji at the Bank of Japan-IMES Conference, warning of broader economic consequences for energy-importing nations. He said futures markets had originally expected energy prices to…
Treasury Secretary Scott Bessent delivered a pointed warning to Oman on Thursday, escalating tensions over the critical waterway known as the Strait of Hormuz. The warning came after President Trump publicly stated that Oman should “behave or we’ll have to blow ’em up,” raising the stakes in an already tense diplomatic standoff. Bessent took to…
The One Big Beautiful Bill Act, President Donald Trump’s sweeping tax and spending legislation, cleared Congress earlier this year after one of the most tense legislative sessions in recent memory, passing the Senate on a 51-50 vote only after Vice President JD Vance cast the tie-breaking ballot to force it over the line. The three…
Lockheed Martin (NYSE: LMT) broke ground on a new Munitions Production Center in Troy, Alabama on May 21, adding 87,000 square feet of production space to support Terminal High Altitude Area Defense interceptors and work on the Next Generation Interceptor programme. The facility represents one element of a broader plan by Lockheed Martin (NYSE: LMT)…
Beijing has issued a stern warning to Washington over its arms sales to Taiwan, with the Chinese Embassy in the United States urging the Trump administration to exercise restraint as a multibillion-dollar weapons package remains under consideration. Chinese Embassy spokesperson Liu Pengyu told Congress.net that Beijing’s position on the matter leaves no room for ambiguity….
A new Congress.net poll of 1,142 registered Republican voters shows President Donald Trump retaining majority support within his own party, with 57 percent expressing approval of his performance, even as soaring oil prices and the resulting inflation crisis emerge as the defining anxiety across the Republican base. The survey, conducted this week, puts Trump’s standing…
BWX Technologies (NYSE: BWXT), the mid-cap nuclear technology and government services firm, has attracted renewed analyst attention following a combination of strong first quarter 2026 results, over $1.4 billion in freshly awarded naval contracts, and a Deutsche Bank upgrade that lifted the bank’s price target to $255 from $203 while moving the stock from Hold…
The diplomatic impasse between the United States and Iran over nuclear enrichment shows partial signs of movement, with Pakistan serving as the central mediating channel between the two sides and Qatar’s prime minister adding public support for the mediation framework that has kept both countries at the table despite persistent mutual distrust. Iran’s foreign minister…
US markets opened cautiously on Monday as investors absorbed the implications of Moody’s stripping the United States of its top-tier triple-A credit rating for the first time in the agency’s history. The downgrade, announced on Friday, lowered the country’s rating by one notch to Aa1, bringing Moody’s into line with S&P Global, which cut its…