US Politics & Business News
Wall Street’s most overlooked large-cap stocks may offer investors a significant edge as another earnings season gets underway across major market sectors. Stocks that carry the least analyst enthusiasm and the heaviest skepticism often have the lowest bars to clear when quarterly results are reported to the public. When expectations are depressed and sentiment is…
The Federal Reserve is signaling a dramatic shift in monetary policy, with most officials now leaning toward raising interest rates before the end of 2026. New Fed chairman Kevin Warsh struck a notably hawkish tone during the central bank’s June meeting, surprising markets that had anticipated further rate cuts this year. Almost every member of…
ASML Holding is set to report its second-quarter 2026 results before European markets open on Wednesday, July 15, kicking off a closely watched earnings season. The Dutch semiconductor equipment maker is the world’s sole manufacturer of extreme ultraviolet lithography systems, the machines essential for producing the most advanced AI chips. Investors across the semiconductor space…
India’s consumer price inflation climbed to 4.38% in June, rising from 3.93% in May, marking the eighth consecutive month of acceleration. The figure came in above economists’ expectations of a 4.30% increase, according to a Reuters poll of analysts. The U.S.-Iran war and a weakening monsoon season have combined to push food and fuel prices…
Brent crude and West Texas Intermediate futures surged sharply in Asian trade after Iran declared the Strait of Hormuz closed to commercial shipping. Brent Oil Futures expiring in September rose 4.8% to $79.65 per barrel, while West Texas Intermediate crude futures climbed 5% to $74.98 per barrel. The dramatic price moves followed Tehran’s announcement that…
New Zealand has approved a gateway license for Two Degrees Networks, adding ground infrastructure to AST SpaceMobile’s (ASTS) growing satellite network. Shares of AST SpaceMobile fell 3% overnight heading into Monday, extending a rough stretch for the stock despite the regulatory milestone. ASTS logged a 14% decline last week, marking its worst weekly performance in…
The Tema Space Innovators ETF (NASA) is retreating toward its launch-day lows as SpaceX (SPCX) loses momentum from its blockbuster public debut earlier this year. Fresh institutional filings show Tema ETFs added a combined 5.73 million shares across AST SpaceMobile (ASTS), Rocket Lab (RKLB) and Intuitive Machines (LUNR) during the quarter ended June 30. The…
Renewed hostilities between the United States and Iran sent oil prices sharply higher while stock futures retreated on fears of fresh disruption to global energy markets. Brent crude, the main international benchmark, rose more than 3 percent, reversing a slide that had returned prices to pre-conflict levels before tensions flared again. Brent futures for September…
Building wealth and achieving financial independence is not a pursuit reserved exclusively for the already wealthy or high-income earners. Millions of Americans across income levels are finding ways to take meaningful control of their finances through disciplined habits and strategic planning. The concept of financial independence centers on having enough saved and invested to cover…
The S&P 500 has climbed 10.2% year to date, closing at 7,543.64, with a 20.1% gain recorded over the past year. Morgan Stanley analysts argue that artificial intelligence spending has become one of the stock market’s most critical supports, surpassing energy concerns in importance. The bank projects AI investment will jump from nearly $800 billion…