US Politics & Business News
House Speaker Mike Johnson says he plans to remain the Republican leader in the House even if the party loses its majority in the 2026 midterm elections. Johnson addressed the question directly in comments to CBS News, pushing back on speculation that he might exit politics if the GOP falls short in November. “In the…
Astronomers have discovered evidence of a second-generation planet orbiting a white dwarf star, marking a historic first in planetary science research. The findings, published in Nature Astronomy, center on white dwarf star HS 0209+0832, a core remnant of a low-mass star located roughly 270 light-years from Earth. Unlike first-generation planets, which form from material left…
U.S. stock futures climbed early Monday as investors prepared for the official start of the third-quarter earnings season across Wall Street. As of 4:00 a.m. ET, Nasdaq, S&P 500, Dow, and Russell 2000 futures each gained 0.2% ahead of a busy week of corporate and economic catalysts. The modest premarket gains followed a strong week…
Friday’s analyst activity delivered sweeping rating changes across aerospace, industrials, healthcare, and technology, signaling shifting sentiment among major Wall Street firms. Baird upgraded Humana (HUM) to Outperform from Neutral, raising its price target to $596 from $390, citing greater confidence in the company’s $35-plus of 2028 adjusted earnings per share power. Oppenheimer upgraded Fastly (FSLY)…
A US investor is raising concerns after their financial adviser recommended placing $350,000 into a data center project based in the United Arab Emirates. The adviser reportedly described the opportunity in favorable terms, telling the client that the prospectus looks impressive, though the client remains uncertain about the risks involved. Investments in overseas data centers…
The global policy debate around artificial intelligence and employment has decisively shifted, moving away from whether disruption will happen toward how governments should respond. International Monetary Fund Managing Director Kristalina Georgieva issued a stark warning Monday, describing AI’s impact on labor markets as a “slow-moving tsunami” that is already making landfall. Young graduates entering the…
Senate Majority Whip John Barrasso (R-Wyo.) is raising serious alarms about recent reporting surrounding U.S. Ambassador to Greece Kimberly Guilfoyle and her personal finances. Barrasso made his remarks Sunday during an appearance on CBS’s “Face the Nation,” speaking directly with anchor Margaret Brennan about the mounting concerns. The senior Wyoming Republican did not mince words,…
AST SpaceMobile (ASTS) is facing a more competitive landscape after the FCC cleared SpaceX to launch a direct-to-phone satellite service using low-Earth orbit technology. The FCC authorization allows SpaceX to connect ordinary smartphones directly from space without relying on terrestrial cell towers or traditional mobile carrier networks. That regulatory clearance raises immediate and pointed questions…
Shares of AST SpaceMobile (ASTS) climbed roughly 1% overnight Sunday following a pair of significant operational developments over the weekend. The gains came after ASTS stock dropped 10% on Friday, closing at $50.97 and recording a 13% weekly loss for its second consecutive weekly decline. AST SpaceMobile announced via X that BlueBird satellites 14, 15…
Markets closed out the week with large caps leading the charge, as the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) both posted solid weekly gains despite a turbulent Monday open. The S&P 500 finished at 7807.12, up 0.54% on the day and 1.09% for the week, falling just short of its 52-week high of 7844.52…