US Politics & Business News
The Department of Justice has formally accused the University of California, Los Angeles School of Law of illegally using race in its admissions process. Federal officials allege the school discriminated against white and Asian applicants in favor of Black and Hispanic students across multiple admissions cycles. The Trump administration has leveled similar allegations against UCLA’s…
President Donald Trump made unusually candid remarks about his own Senate endorsee Ken Paxton during multiple campaign stops across Texas and Oklahoma. Trump acknowledged that Paxton, the former Texas attorney general now running for the state’s open Senate seat, was “a little controversial,” a striking admission about a candidate he is actively supporting. The comments…
AST SpaceMobile (ASTS) shares rose 1% overnight Thursday after fresh regulatory filings revealed a new senior commercial executive and a substantial equity award. The filings identified Wayne Thorsen as AST SpaceMobile’s executive vice president and chief commercial officer, signaling a major leadership addition as the company advances toward full commercialization. A separate Form 4 disclosed…
D-Wave Quantum (NasdaqGS: QBTS) has appointed Bernard Gavgani as an independent director and a member of its Cybersecurity Committee, the company announced. Gavgani previously held senior technology and operations roles at BNP Paribas, giving him deep experience in enterprise IT management and risk oversight. His addition to the board signals a deliberate push by D-Wave…
S&P Dow Jones Indices has announced its latest round of changes to the S&P 500, with three new companies set to enter the benchmark index effective September 21, 2026. The additions will take effect prior to the open of trading on Monday, coinciding with the index’s scheduled quarterly rebalance. Bloom Energy (NYSE: BE), Everpure (NYSE:…
Whether a non-working spouse is entitled to a share of retirement savings is one of the most common and contentious questions in American divorce law. The answer depends heavily on which state the couple lives in, as marital property laws vary significantly across the country. In community property states, assets accumulated during a marriage are…
Senator Patty Murray, Vice Chair of the Senate Appropriations Committee, is leading a legislative push to financially penalize the White House for airing political advertisements funded by taxpayers. Murray and fellow Senate appropriators introduced the Penalties for Propaganda Act, a bill designed to cut the Office of Management and Budget’s budget by $20 million for…
New York Governor Kathy Hochul announced Thursday evening that she has appointed state Attorney General Letitia James as special prosecutor in a high-profile sexual assault case. The case centers on a former Cornell University student who alleges she was raped at a Chi Phi fraternity house near the Ivy League campus in October 2024. Hochul…
Lloyds Banking Group and Visa (V) have completed a live pilot testing stablecoin-based settlement for cross-border transactions, marking a significant step for both institutions. The seven-day pilot involved US dollar settlement obligations totalling $750,000, providing a real-world test of digital asset infrastructure at scale. Lloyds used USDC purchased through Archax, a UK-regulated digital asset exchange,…
AST SpaceMobile, Inc. (ASTS) closed Thursday’s trading session at $57.04, falling 3.09% from the previous day’s close as broader markets pushed higher. The decline stood in sharp contrast to the S&P 500, which posted a daily gain of 0.2%, while the Dow Jones Industrial Average edged up 0.04%. The technology-centric Nasdaq also managed a gain…