US Politics & Business News
Big technology names drove the Nasdaq Composite to a weekly gain as the Dow Jones Industrial Average and Russell 2000 both closed the week lower. The Dow finished at 51,094.96, up 0.33% on Friday but down 1.42% for the week, with an RSI14 of 38.1 signaling a weakening trend. The S&P 500 ended the week…
The Bureau of Labor Statistics is set to release its September nonfarm payrolls report Friday at 8:30 a.m., with markets bracing for a modest hiring figure. Wall Street’s Dow Jones consensus expects job growth of 84,000 for September, with the unemployment rate holding steady at 4.1%. The anticipated payroll figure marks a clear downshift from…
A senior House Republican has raised concerns about President Donald Trump’s popularity, warning that his standing with voters is complicating the party’s midterm election outlook. Representative French Hill of Arkansas, a prominent Republican voice in the House, acknowledged that Trump’s “lack of favorability” is creating “tough” political conditions heading into the 2026 midterm cycle. The…
Trump announced Friday he will travel to Tuscaloosa, Alabama, next week to attend the University of Georgia versus University of Alabama college football game. The president made the announcement during a rally in Mobile, Alabama, part of a broader swing through deep-red states ahead of the midterm elections. Trump said he wanted to “pay respect”…
Republican strategist Karl Rove believes Texas Attorney General Ken Paxton will lose his Senate bid if he refuses to debate Democratic challenger state Rep. James Talarico. Rove made the striking prediction during a Wednesday appearance at The Economic Club of Chicago, sharing the stage with prominent Democratic strategist David Axelrod. “If he doesn’t debate, I…
AST SpaceMobile (ASTS) is drawing intense market attention after a recent SEC filing detailing updated executive change-of-control severance plans ignited widespread acquisition rumors. The disclosure outlined a revised change-of-control payout structure covering the company’s CEO and senior executive leadership team, triggering immediate speculation among retail traders. Retail trading platforms quickly interpreted the new severance arrangements…
SpaceX held its ground better than any rival this week, with SPCX falling just 0.4% while the broader space sector sold off sharply. RKLB declined 5%, FLY lost 6%, PL dropped 7%, ASTS shed 8%, and RDW slid 9% over the same period. Starship Flight 14 reached orbit on Monday, successfully deploying 26 Starlink V3…
RTX Corporation (RTX) subsidiary Raytheon has secured a $511.5 million modification contract to purchase spares and exercise options for hardware production of the AN/SPY-6(V) family of radars. The contract was awarded by the Naval Sea Systems Command in Washington, D.C., extending Raytheon’s role as a key supplier of advanced naval radar systems. Work under the…
A 67-year-old retail worker earning $19.50 an hour at a big-box store is searching for a clear path out of the workforce before it’s too late. The worker’s blunt sentiment captures a frustration shared by millions of older Americans still grinding through physically demanding jobs well past traditional retirement age. The individual began claiming Social…
The U.S. labor market stumbled badly in September, producing far fewer jobs than economists had anticipated and raising fresh questions about the economy’s momentum. Nonfarm payrolls rose a seasonally adjusted 29,000 for the month, well short of the 84,000 gain that economists surveyed by Dow Jones had forecast heading into the report. The unemployment rate…