US Politics & Business News
Hakeem Jeffries, the House Minority Leader, represents New York’s 8th congressional district, a seat located entirely within the borough of Brooklyn. Understanding the shape and makeup of this district requires looking both at its current boundaries and at how significantly those boundaries have changed over the past decade. The district Jeffries represents today looks quite…
A continuing resolution is a stopgap piece of legislation that Congress passes to keep the federal government funded when lawmakers have not finished, or agreed upon, the regular annual appropriations bills before the start of a new fiscal year. Rather than setting new spending levels, a continuing resolution simply extends existing funding, typically at the…
Robert Aderholt, the Republican congressman representing Alabama’s Fourth District, holds one of the more consequential committee portfolios in the House of Representatives. His assignments center on the House Committee on Appropriations, the panel responsible for determining how federal money is spent across nearly every agency of government. Aderholt has served in Congress since 1997, making…
RTX is currently trading at $222.00 per share, delivering an 8.4% return over the last six months while the broader S&P 500 gained 13.1% over the same period. Originally focused on refrigeration technology, Raytheon provides a wide range of products and services to the aerospace and defense industries, operating under the ticker RTX. The stock…
Bank of America analyst Vivek Arya has named Nvidia (NVDA) his top sector pick ahead of the chipmaker’s upcoming fiscal second quarter results. Arya maintains a Buy rating and a $350 price target on Nvidia, implying more than 55% upside from the $223.96 level at the time of the note. The analyst argues that Nvidia…
Walt Disney Co. (DIS) filed a federal lawsuit Tuesday against the Federal Communications Commission, accusing the agency of waging an illegal “retaliatory campaign” against its ABC network. The suit, filed in U.S. District Court for the District of Columbia, alleges the FCC is violating ABC’s First Amendment rights through what the network calls “pretextual regulatory…
Russia continues to insist its wartime economy is healthy and resilient, even as a senior economist was dismissed after contradicting that official narrative. Andrei Klepach, the former chief economist of Russia’s state-controlled development bank VEB and a former deputy economy minister, was reportedly fired on Sunday following reports of remarks he made earlier this year….
D-Wave Quantum Inc. (NASDAQ: QBTS) and NTT DOCOMO have deployed a second quantum computing application in production, delivering major improvements to mobile network operations in Japan. The new application reduces location registration signals generated when devices cross tracking area list boundaries by 65.3% at the daily peak, while also cutting paging signals by 7.0%. NTT…
Boeing (BA) stock carries the richest valuation multiple among its aerospace and defense peers, even as its profitability and twelve-month returns disappoint investors. The company posted revenue growth of 25% over the last twelve months, outpacing every major competitor in its peer group by a wide margin. Despite that top-line momentum, Boeing’s stock delivered a…
Power Metals is advancing what it describes as North America’s only cesium project at a pivotal moment for Western critical mineral supply chains. The United States currently imports 100% of its required cesium, a rare mineral used in atomic clocks, GPS systems, aerospace solar technology, advanced communications networks, and high-tech defense equipment. That total import…