US Politics & Business News
Shares of satellite-based wireless company AST SpaceMobile (ASTS) dropped 14.6% on Friday, as investors digested a significant competitive blow from Elon Musk’s Space Exploration Technologies (SPCX). SpaceX announced after market close Thursday that it had agreed to purchase up to 14 megahertz of spectrum in the 800 MHz low-band frequency range. According to SpaceX, the…
SpaceX’s push to extend Starlink into direct mobile service has transformed low Earth orbit into a critical layer of digital and economic infrastructure. Companies building rockets, satellites, and ground systems are increasingly viewed as essential connectivity providers rather than speculative ventures. That structural shift is drawing serious investor attention toward space-focused equities with real revenue…
Ciji Ware, a novelist, has written a new book called “Rightsizing Over 70” to help older Americans navigate the complex and often emotional process of downsizing. Ware and her husband, journalist Tony Cook, downsized their homes six times in 10 years and openly admit they “did everything wrong” along the way. Their experience reflects a…
In your 20s, the financial habits you build carry far more weight than the salary figure on your paycheck. Most young adults fixate on earning more money, but experts consistently point to spending behavior and savings discipline as the true drivers of long-term financial outcomes. The gap between those who retire comfortably and those who…
President Trump has selected Katie Bailey as the new director of the Office of Legislative Affairs, with Bailey accepting the position on Friday. Bailey currently serves as special assistant to the president and deputy director of legislative affairs, where she has focused on Senate relations. In her existing role, Bailey played a key part in…
President Trump announced Saturday he will personally decide whether to livestream the firing squad execution of convicted Fort Hood shooter Nidal Hasan. Trump addressed reporters on the White House South Lawn, speaking bluntly about the severity of Hasan’s crimes and the punishment he deserves. “He’s a vicious killer, killed 13 people in cold blood, wounded…
President Donald Trump is set to hold rallies in Montana and Arizona as part of an ongoing campaign push through traditionally Republican states ahead of November midterm elections. The Arizona rally is tentatively planned for Laughlin Bullhead International Airport in Bullhead City, a town situated near the Nevada border, with Trump scheduled to take the…
AST SpaceMobile (ASTS) shares dropped more than 10% following news related to SpaceX’s satellite-to-phone service, a reaction analysts say is misguided. The selloff appears to reflect investor concern that SpaceX’s expanding satellite capabilities could undercut AST SpaceMobile’s position in the direct-to-device market. However, analysts argue the two companies are not simply rivals, and that the…
AST SpaceMobile, Inc. (ASTS) closed at $50.93 in the latest trading session, recording a sharp decline of 10.55% from the prior day’s close. The broader market told a very different story, with the S&P 500 posting a gain of 0.6% during the same session. The Dow Jones Industrial Average rose 0.83% on the day, while…
Boeing (BA) shares have fallen 15.4% over the past twelve months, significantly underperforming the S&P 500, which returned 17.0% over the same period. The shortfall is not a demand problem, as Boeing carries a backlog of more than 6,200 undelivered airplanes representing a record $597 billion in commercial orders. The real obstacle lies inside Boeing’s…