US Politics & Business News
Social Security recipients who continue working full time face a complex tax situation that can quietly erode retirement income if left unmanaged. For a 73-year-old still earning wages, the combined weight of Social Security income, payroll taxes, and required minimum distributions can create a significant federal tax burden. Federal law requires that up to 85%…
AST SpaceMobile, Inc. (ASTS) has delivered a striking 77.4% gain over the past year, far outpacing the broader industry’s growth of 42.2% over the same period. The company has left peers in the dust, with Aviat Networks, Inc. (AVNW) declining 13.2% and Comtech Telecommunications Corp. (CMTL) falling 22.2% during the same timeframe. A key catalyst…
While SpaceX commands most investor attention following its record-breaking IPO, several smaller space economy players are building compelling cases for serious long-term returns. Space Exploration Technologies completed a landmark initial public offering that sent its market capitalization soaring past $2 trillion, making it one of the most valuable companies in the world. But three publicly…
Intuitive Machines (LUNR) has shed 36.5% over the past month, badly underperforming the Zacks Aerospace-Defense industry, which gained 7.3% in the same period. The broader Zacks Aerospace sector also posted a gain of 7.2% during that stretch, further highlighting how sharply LUNR has diverged from its peers. Even the S&P 500 managed a 1.6% return…
The TIAA Institute and the Global Financial Literacy Excellence Center have released new findings showing Americans are struggling more than ever with basic personal finance knowledge. The P-Fin 8 Index is an eight-question financial literacy measure developed jointly by the TIAA Institute and the Global Financial Literacy Excellence Center, known as GFLEC. The quiz was…
The Bank of England plans to relax a key capital requirement for UK banks, aiming to support lending and financial market stability during periods of economic stress. The proposal targets the leverage ratio, a rule that limits how much banks can borrow by requiring them to hold a minimum level of capital against total assets….
Shares of SpaceX (NASDAQ: SPCX) fell 6% to around $151 in midday Tuesday trading, an unusual response to a flood of bullish analyst initiations and the company’s addition to the NASDAQ 100. The broader space sector fell with SpaceX, suggesting the pullback reflects something deeper than company-specific concerns hitting the tape. AST SpaceMobile (NASDAQ: ASTS)…
The space economy is no longer a distant promise — it is real, growing, and increasingly accessible to everyday investors looking beyond private giants. SpaceX remains the dominant name in the sector, but its private status locks out most retail and institutional investors seeking direct equity exposure to the booming industry. Stifel analyst Jonathan Siegmann…
Defense sector investors are sizing up two of the industry’s biggest names as valuations come into sharper focus in mid-2026. General Dynamics (GD) and RTX (RTX) both operate in the aerospace and defense space, making them natural comparison points for value-oriented portfolios. Both stocks currently carry a Zacks Rank of #2 (Buy), reflecting positive revisions…
Oil futures climbed sharply Tuesday after the U.S. Treasury Department revoked, effective immediately, the license it had granted on June 21 allowing the sale of Iranian crude. The license cancellation followed a series of attacks on commercial vessels transiting the Strait of Hormuz, a critical global energy chokepoint located between Iran and Oman. President Donald…