CONGRESS.NET

Paramount (PARA) Faces Hundreds Of Millions In Extra Interest Costs As Warner Bros. Discovery (WBD) Buyout Debt Deal Strains Under Rising Yields

Anthony SinclairSeptember 29, 202603 mins

Paramount Skydance Corp. has spent months in talks with investors over the debt package funding its Warner Bros. Discovery acquisition, and the delay is proving extremely costly. Growing fears about global inflation have pushed borrowing rates higher, meaning the company will pay hundreds of millions of dollars more annually in interest than it would have…

Lummis Blocks Senate Resolution Condemning Trump’s Taxpayer-Funded Television Ads

Thomas ShelterSeptember 29, 202603 mins

Sen. Cynthia Lummis (R-Wyoming) blocked a Senate resolution Tuesday that would have condemned federal spending on television ads promoting President Donald Trump’s policies. Lummis argued that previous presidents, including Bill Clinton, George W. Bush, Barack Obama, and Joe Biden, have each aired public service announcements using government resources. Democrats have expressed sharp outrage at Trump’s…

Supreme Court Clears Path For Tennessee To Execute First Woman In Two Centuries

Anthony SinclairSeptember 29, 202604 mins

The Supreme Court has declined to intervene in the case of Christa Pike, allowing Tennessee to proceed with its first execution of a woman in 200 years. Pike, 50, was scheduled to be executed by lethal injection at 10 a.m. Wednesday at Riverbend Maximum Security Institution in Nashville, where she remains the only woman on…

Lloyds Banking Group (LYG) Stands Out Among Cheap Stocks Under $10 As Q4 2026 Kicks Off

Thomas ShelterSeptember 29, 202604 mins

Despite near-term obstacles, the S&P 500 and the Nasdaq are trading near their all-time highs as investors head into the final quarter of 2026. With markets elevated largely due to AI-driven momentum, some analysts suggest looking beyond the dominant tech trade for fresh opportunities. Stocks trading under $10 a share can offer compelling value, particularly…

Quantum Computing Stocks (QBTS, IONQ, RGTI) Could Get Congressional Boost Soon, Jefferies Says

Anthony SinclairSeptember 29, 202603 mins

Quantum computing stocks have struggled to find momentum in recent months, but a potential catalyst may be taking shape on Capitol Hill. A Jefferies analyst says Congress could soon pass key legislation that would provide a significant boost to the sector. Stocks including D-Wave Quantum (QBTS), IonQ (IONQ), and Rigetti Computing (RGTI) have all seen…

Worst Long-Term Care Insurance Companies

RTX’s $20.7 Billion AMRAAM Contract Signals Long-Term Defense Growth Potential

Thomas ShelterSeptember 29, 202604 mins

RTX Corporation (RTX) is cementing its dominance in the air-to-air missile market as global demand for the Advanced Medium-Range Air-to-Air Missile continues to surge. The company’s Raytheon business recently secured a multiyear contract valued at up to $20.7 billion for AMRAAM production, guidance sections, and related requirements. The five-year contract, which includes two option years,…

S&P 500 Nears Record Highs But Hundreds Of Individual Stocks Remain Trapped In Bear Market Territory

Anthony SinclairSeptember 29, 202604 mins

The S&P 500 was trading within 2 percentage points of its record closing high recently, but a closer look reveals a far less optimistic picture beneath the surface. While the headline index continues to project strength, a significant number of individual stocks have fallen 20 percent or more from their recent peaks, meeting the traditional…

Frank Luntz Warns Trump’s Midterm Strategy Could Backfire Badly For Republicans

Thomas ShelterSeptember 29, 202605 mins

Republican pollster Frank Luntz is sounding the alarm over what he calls a “very dangerous strategy” being pursued by President Donald Trump ahead of the midterm elections. Appearing on CNN This Morning, Luntz argued that Trump is attempting to put himself on the ballot in November to energize his base of supporters heading into a…

CNN, MSNBC, And Politico Push Court To Extend Block On White House Press Ban

Anthony SinclairSeptember 29, 202605 mins

The three banned news outlets are asking a federal judge to maintain protections blocking the Trump administration from enforcing its White House press ban. The conflict began when President Trump announced he would ban CNN, MSNBC, and Politico from the White House complex, describing the move as “effective immediately.” Trump made clear his decision stemmed…

Nasdaq Futures Steady As AI Summit, Treasury Yields, And Key Earnings Keep Investors On Edge

Thomas ShelterSeptember 29, 202605 mins

U.S. stock futures held flat in early Tuesday trading as rising Treasury yields and artificial intelligence safety concerns continued to weigh on market sentiment. As of 4:00 a.m. ET, Nasdaq (QQQ), S&P 500 (SPY), and Dow futures were flat, while Russell 2000 futures dipped 0.1% amid the cautious premarket tone. The subdued opening follows a…