US Politics & Business News
Rocket Lab Corporation (NASDAQ: RKLB) has secured a $266 million contract from the U.S. Space Force to provide around a dozen suborbital launches, with an option for more. This marks the largest launch contract award in the company’s history, with the first launch expected to take place by the end of 2026. The deal adds…
Tesla (TSLA) shares climbed sharply this week as the company’s autonomous vehicle ambitions moved closer to commercial reality with a major deployment milestone. TSLA jumped roughly 4% in a single session, marking the stock’s best performance in over a month and putting shares on track for a third consecutive weekly gain. The gains come as…
Treasury Secretary Scott Bessent’s move to expand government debt buybacks, intended to stabilize markets, is instead triggering fresh concerns about inflation among investors. Over the past several days, investors have begun pricing in higher inflation expectations, a reaction that suggests the Treasury Department’s intervention may carry unintended consequences. The so-called breakeven rate, a market-based measure…
AST SpaceMobile (ASTS) has received a 30-day authorization from the Federal Communications Commission to test satellite connectivity using the 800 MHz spectrum band. The approval represents a meaningful regulatory milestone for the company as it continues building out its space-based cellular broadband network. The 800 MHz band is particularly significant because it offers strong signal…
Boeing (BA) posted its strongest quarterly delivery numbers since 2018 in the second quarter of 2026, yet the stock has still lost ground over the past year. The company delivered 171 airplanes in Q2 2026, a milestone that looks impressive until investors examine how little cash those deliveries actually produced. Boeing generated just $631 million…
Washington and Ottawa are engaged in urgent last-minute negotiations aimed at blocking scheduled 50% import taxes on roughly $20 billion in Canadian goods. President Donald Trump threatened the steep tariffs on Canadian exports including cement and hockey sticks, ratcheting up pressure on both governments to reach an agreement quickly. With less than two hours before…
A family is facing a deeply personal financial conflict after a 99-year-old grandmother reportedly decided to remove her daughter from her will. The situation has placed a grandchild in an uncomfortable position, uncertain whether stepping in would help resolve matters or make them significantly worse. Estate planning disputes within families are among the most emotionally…
The American Federation of Government Employees is pushing Congress to dramatically increase funding for the Social Security Administration amid a worsening staffing crisis. AFGE Council 220 President Jessica LaPointe called on lawmakers to approve $3 billion above current spending levels to hire an additional 20,000 SSA employees. LaPointe said the funding is needed “to begin…
Despite a roughly 15x gain over three years, D-Wave Quantum (QBTS) still registers as expensive rather than a bargain on standard valuation measures. The stock has delivered approximately 26.9% returns over the last year alone, adding further pressure on investors to assess whether current prices reflect too much optimism. On Simply Wall St’s broader checks,…
Despite record defense spending and active combat operations, most major defense contractor stocks have struggled to hold ground in recent trading sessions. Shares of 10 major defense contractors tracked by Barron’s were down an average of 17% since fighting started in Iran, a notable decline given the current war footing. Only two companies in the…