US Politics & Business News
Treasury Secretary Scott Bessent made a surprising move this week to intervene directly in Treasury markets, aiming to lower the cost of government debt. Experts say the intervention represents a significant shift toward a newly activist posture from the Treasury Department under Bessent’s leadership. The maneuver has drawn sharp scrutiny from financial analysts who view…
Grandparents across the United States are increasingly using estate planning tools to encourage financial responsibility among younger generations before they receive inherited wealth. A rising trend among older Americans involves tying inheritance distributions to the completion of financial education courses or demonstrated money management skills. Estate planning attorneys report more clients asking how to legally…
AST SpaceMobile (ASTS) and Boeing (BA) both operate in aerospace, but the similarities between these two companies largely end there. AST SpaceMobile is building a first-of-its-kind satellite network designed to deliver cellular broadband directly to unmodified smartphones anywhere on Earth. The company represents a new breed of space-based connectivity infrastructure, targeting a global market of…
D-Wave Quantum (QBTS) shares surged 7.2% through 12:15 p.m. ET Friday after BMO Capital initiated coverage of the quantum computing company with a bullish rating. BMO Capital analyst Harsh Kumar assigned D-Wave an outperform rating, arguing the stock could climb from $20 to $35 within a year. Kumar described D-Wave as “a revolutionary quantum computing…
Rocket Lab Corporation (NASDAQ: RKLB) has secured a $266 million contract from the U.S. Space Force to provide around a dozen suborbital launches, with an option for more. This marks the largest launch contract award in the company’s history, with the first launch expected to take place by the end of 2026. The deal adds…
Tesla (TSLA) shares climbed sharply this week as the company’s autonomous vehicle ambitions moved closer to commercial reality with a major deployment milestone. TSLA jumped roughly 4% in a single session, marking the stock’s best performance in over a month and putting shares on track for a third consecutive weekly gain. The gains come as…
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…