US Politics & Business News
Texas immigration advocates say the man federal agents were pursuing when an ICE officer struck a Houston immigrant with a vehicle has been dead since 2017. Immigration advocacy group FIEL identified the target as Jose Mendoza-Cervantes, a Mexican national ICE described as having a criminal record and a final order of removal. Jimenez’s daughter provided…
President Trump escalated his administration’s feud with California on Friday, threatening election officials with imprisonment over an ongoing dispute about noncitizen voters. Trump declared on Truth Social that California officials “will all go to jail for a long period of time” if they refuse to cooperate with the Department of Justice. The post shared a…
Space stocks endured a bruising week, with Redwire (RDW) posting the smallest decline while Rocket Lab (RKLB) and Firefly Aerospace (FLY) each fell the hardest. SpaceX’s fund proxy (SPCX) dropped 9% over the past week, while AST SpaceMobile (ASTS) fell 13% and both RKLB and FLY each slid 19% during the same period. Redwire (RDW)…
After a dilution scare sent shares tumbling, IonQ (NYSE: IONQ), Rigetti Computing (NASDAQ: RGTI), and D-Wave Quantum (NASDAQ: QBTS) are clawing back losses in early trading. IonQ stock is up 3% to $32.51, leading the group higher despite carrying a 28% decline year to date heading into the session. Rigetti Computing (NASDAQ: RGTI) is also…
Both Lockheed Martin and RTX reported second-quarter 2026 results on July 23, raising full-year guidance and sparking renewed debate among income investors about dividend reliability. The two defense giants look similar on the surface, but their balance sheets, business mixes, and debt trajectories tell meaningfully different stories for investors who prioritize payout security. Lockheed’s quarter…
Last week delivered strong gains for the average stock, marking a decisive shift in market leadership away from technology and into energy and defensive sectors. All three major indexes finished higher on the week, but the story was less about the headline numbers and more about what was happening beneath the surface. The equal-weight S&P…
Traders are betting overwhelmingly that the Federal Reserve will hold interest rates steady when it meets later this month, but those assumptions may be dangerously outdated. Futures markets assigned just a 15% probability to an October rate hike as of Friday morning, reflecting widespread confidence that the Fed will pause its tightening campaign. That confidence…
President Trump signed an executive order Friday evening to waive sanctions against Russia that were set to take effect under a recently enacted legislative package. Trump signed the sanctions legislation into law last month, and the package was posthumously dedicated to the late Sen. Lindsey Graham (R-S.C.). The legislation sought to pressure the Kremlin to…
Shares in major British lenders dropped sharply on Friday after reports emerged that UK finance minister John Healey plans to raise taxes on banks in his October 28 budget. Lloyds Banking Group (LYG) fell 2.3% and NatWest (NWG) declined 2.05% as of 04:40 ET, reflecting investor anxiety over the proposed fiscal changes. The Guardian reported…
Wall Street analysts delivered a mixed set of ratings changes this week, with growth prospects and legal clarity driving upgrades for select stocks. Crocs Inc. (CROX) gained 8.5% this week after Barclays upgraded the footwear company to ‘Overweight’ from ‘Equal Weight’ and lifted its price target to $139 from $118. Barclays cited a clearer path…