US Politics & Business News
D-Wave Quantum (QBTS) has landed a significant $100 million investment from the U.S. government, marking a major milestone for the quantum computing company. The federal backing represents a serious vote of confidence in D-Wave’s technology at a time when quantum computing remains a fiercely competitive and rapidly evolving sector. Despite the landmark government deal, the…
RTX Corporation (RTX) operates three major business segments that together cover a significant portion of modern military equipment and commercial aviation infrastructure. Raytheon produces missiles, munitions, and radar systems, while Pratt & Whitney designs and manufactures aircraft engines, including the GTF engine powering much of the global narrow-body commercial fleet. Collins Aerospace rounds out the…
The world’s governments are drowning in debt, with mounting interest costs now outpacing spending on some of the most critical sectors of the global economy. Global debt climbed by $10 trillion in just the first half of the year, surpassing $365 trillion, according to new research published by the Institute of International Finance. The IIF…
The Trump administration has moved to cancel $1 billion in previously approved federal spending using a controversial budget tool known as a “pocket rescission.” The canceled funds span a broad range of programs, including immigration services, foreign aid, education initiatives, health research, and assistance for minority-owned businesses. The White House Office of Management and Budget…
Families in states like Nebraska, Oklahoma, and South Dakota face some of the highest out-of-pocket childbirth costs in the entire country. According to an analysis by MoneyGeek, parents in those states pay more than $2,500 out of pocket on average after insurance covers its portion of the bill. The findings challenge widespread assumptions that coastal,…
AST SpaceMobile (ASTS) and Intuitive Machines (LUNR) represent two of the most closely watched names in the rapidly expanding space infrastructure sector. AST SpaceMobile is building a space-based cellular broadband network designed to eliminate dead zones by connecting directly to standard consumer smartphones. The company has forged partnerships with roughly 60 mobile network operators, including…
Quantum computing stocks have generated enormous investor excitement, but the underlying financials tell a more complicated story about long-term viability. Rigetti Computing (RGTI), D-Wave Quantum (QBTS), and IonQ (IONQ) rank among the most closely watched names in the sector, with share prices surging dramatically over the past three years. Despite the enthusiasm, most of these…
With defense budgets expanding sharply across the United States and Europe, the Invesco Aerospace and Defense ETF (NYSEARCA: PPA) has emerged as a popular single-trade option for investors seeking sector exposure. PPA holds 63 stocks spanning aerospace, defense, homeland security, and related technologies, giving it the appearance of a broadly diversified fund across the entire…
American businesses sharply increased orders for Chinese goods in the weeks before the high-stakes summit between President Donald Trump and Chinese leader Xi Jinping. The jump came as a “surprise,” according to China Beige Book, a New York-based research firm that surveyed 1,295 Chinese companies between September 1 and 22. Shipments to the U.S. rose…
Governors in New York and New Jersey have declared states of emergency as a significant nor’easter brings heavy rain, strong winds, and dangerous flooding to the region. New York Governor Kathy Hochul and New Jersey Governor Mikie Sherrill both announced Friday they would issue emergency declarations ahead of the weekend storm. “I’m declaring a State…