US Politics & Business News
U.S. stock futures were mixed early Thursday as Micron Technology (MU) delivered blowout fiscal fourth-quarter results, reigniting enthusiasm around the AI and semiconductor trade. Nasdaq futures climbed 0.6% as of 4:00 a.m. ET, while S&P 500 futures were flat and Dow and Russell 2000 futures each dipped 0.4%. Micron (MU) posted record fiscal Q4 results…
RTX Corp. (NYSE: RTX) stands to benefit significantly from a sweeping defense appropriations agreement that allocates more than $6.3 billion for 13 critical munitions programs. The FY2026 defense spending package also provides conditional multiyear procurement authority for eight of those programs, giving major contractors like RTX a more stable production planning horizon. RTX has expanded…
Falling real wages, soaring energy costs, and stubborn inflation are combining in a pattern that increasingly resembles the economic misery of the 1970s. Friday’s Labor Department figures show American paychecks shrinking after inflation, while job creation last month fell to less than a third of what economists had expected. Average hourly earnings rose just 0.13…
Millions of older Americans on Social Security face a little-known government power that can strip up to 15% of their monthly benefits to repay defaulted federal student loans. The process, known as an offset, allows the Treasury Department to withhold Social Security retirement and disability payments until a defaulted loan is fully repaid or removed…
A federal judge in Oklahoma has ruled that a police deputy violated a woman’s Fourth Amendment rights by searching her license plate in an automated surveillance system without a warrant. U.S. District Judge Sara E. Hill issued the ruling on October 1, 2026, targeting Tulsa County sheriff’s deputy Freddie Alaniz and his use of Flock…
Defense Secretary Pete Hegseth has signaled that some American service members stationed in Europe could be redeployed to the Western Hemisphere in the near future. The move comes as the Trump administration continues to escalate its military campaign against drug cartels operating across Central and South America. Hegseth made the remarks to reporters, tying the…
A routine executive compensation filing at AST SpaceMobile has ignited takeover speculation, sending shares sharply higher in early Wednesday trading. The board adopted a change-of-control severance arrangement covering CEO Abel Avellan and other senior executives, triggering immediate speculation among retail investors about a potential acquisition or strategic investment. The arrangement requires both a change of…
Lockheed Martin (NYSE: LMT) has raised its dividend for 23 consecutive years, powered almost entirely by one customer: the United States government. That singular reliance on Pentagon spending has proven to be both the dividend’s greatest strength and its most significant vulnerability. Lockheed ended the second quarter of 2026 with a record backlog of $230.42…
The Federal Reserve’s primary inflation measure posted a softer-than-expected reading in August, offering some relief to markets rattled by rising bond yields. The personal consumption expenditures price index rose a seasonally adjusted 0.3% for the month, placing the 12-month headline gain at 3.4%, below the 3.7% economists surveyed by Dow Jones had forecast. Excluding food…
President Donald Trump took an extraordinary step Saturday by sharing what appeared to be Sen. Tom Cotton’s personal cellphone number on Truth Social. Trump’s post urged Arkansas residents to call Cotton directly and demand his support for the Sunshine Protection Act, legislation that would make Daylight Saving Time permanent. Trump wrote: “Almost everybody wants ‘The…