US Politics & Business News
Meta Platforms (META) agreed to settle a major social media addiction case with state attorneys general this week, ending the trial midway through its second week. The settlement sent Meta’s stock climbing as much as 5% in premarket trading after the news broke, though shares pared some of those early gains. The case was presided…
The Federal Reserve’s preferred inflation measure showed consumer prices continued to rise in July, keeping pressure on policymakers as they debate their next interest rate decision. The personal consumption expenditures price index rose a seasonally adjusted 0.2% for the month, placing the annual inflation rate at 3.7%, according to a Commerce Department report. Both the…
The American dream of homeownership is slipping further out of reach for millions of young adults, reshaping how an entire generation builds — or fails to build — long-term wealth. The median age of first-time homebuyers has hit an all-time high of 40, according to the National Association of Realtors, a figure that underscores just…
Quantum computing remains the most speculative segment of the US public technology market, with September 2026 offering investors a timely moment to reassess the three dominant pure-play names. IonQ (NYSE: IONQ), Rigetti Computing (NASDAQ: RGTI), and D-Wave Quantum (NYSE: QBTS) all trade at steep multiples relative to revenue while posting substantial operating losses each quarter….
A lawyer settling a personal injury case without a client’s knowledge or approval is a serious legal violation that can have lasting consequences. At the heart of every attorney-client relationship lies a fundamental principle: the final decision on any settlement belongs solely to the client, not the attorney. When a legal representative bypasses that authority,…
AMD is positioning itself to seize a dominant share of the rapidly expanding data-center CPU market as artificial intelligence workloads reshape demand across the industry. Bank of America Securities projects the server CPU market will reach $210.6 billion by 2030, a dramatic jump from an estimated $61.4 billion in 2026, driven by the rise of…
Callaway Golf CEO Chip Brewer has publicly apologized after a promotional video depicting a man shoving a woman to the ground triggered a fierce social media backlash. The now-deleted advertisement was posted on August 21 to the channels of golf content brand Good Good Golf, featuring co-founder Garrett Clark pushing former Division I golfer Alexis…
SpaceX’s decision to wind down Falcon 9 commercial operations is reshaping the competitive landscape for space stocks heading into September 2026. AST SpaceMobile (ASTS), Rocket Lab (RKLB), SpaceX (SPCX), and Intuitive Machines (LUNR) are each positioned differently as Falcon 9 capacity shifts away from commercial payloads. LUNR has led the group in August with a…
Rising global defense budgets and demand for advanced military technologies continue to fuel growth across the aerospace and defense sector, lifting companies like RTX Corporation (RTX) and L3Harris Technologies (LHX). Both companies maintain solid defense portfolios and are well-positioned to capitalize on military modernization programs and escalating geopolitical tensions worldwide. RTX stands out with a…
Roth conversions are a powerful tax planning tool, but many retirees wonder whether age and wealth eventually make them less worthwhile. For a couple aged 84 and 77 with $8 million in savings, the question carries significant financial weight and deserves careful consideration. At their wealth level, required minimum distributions from traditional retirement accounts are…