US Politics & Business News
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…
Romance scam reports at Lloyds Banking Group have jumped 24% over the past year, with younger adults driving a significant portion of that increase. The bank compared scams reported by customers between September 1, 2025 and August 31, 2026 with those recorded in the previous 12-month period. Reports involving victims aged 18 to 24 surged…
AST SpaceMobile, Inc. (ASTS) closed at $61.06 in the latest trading session, representing a solid gain of 1.8% from the previous day’s closing price. The stock outperformed the S&P 500, which posted a marginal daily loss of 0.03%, demonstrating relative strength against broader market weakness during the session. The Dow Jones Industrial Average declined by…
As the third quarter nears its close, quantum computing stocks are caught between accelerating technological progress and persistent investor skepticism over commercialization timelines. IonQ (IONQ), Rigetti Computing (RGTI), and D-Wave Quantum (QBTS) have each announced significant developments since their second-quarter results, yet shares remain volatile and under pressure. The Federal Reserve raised its federal funds…
RTX (RTX) closed the most recent trading session at $188.61, representing a decline of 1.86% from the prior trading day. That drop significantly lagged the S&P 500, which recorded a modest daily loss of just 0.03% during the same session. The Dow Jones Industrial Average fell 0.31% on the day, while the Nasdaq, a tech-heavy…
Novo Nordisk (NVO) has struck a major licensing agreement with Swedish drug-delivery firm Nanexa just days after a disappointing capital-markets event rattled investor confidence. Shares in Uppsala-based Nanexa more than doubled in early Friday trading after the global licensing deal, valued at up to approximately €1.17 billion ($1.33 billion), was announced. Novo Nordisk’s U.S.-listed shares…
The bond market is sending conflicting signals to the Federal Reserve, forcing policymakers into a difficult balancing act that could determine the economy’s trajectory. Treasury yields continued climbing Thursday as investors priced in persistently elevated inflation, rising energy costs, and the financial pressures of a global artificial intelligence investment arms race. The Fed has historically…
House Republicans are locked in a deepening internal conflict over whether longtime committee chairs should receive exemptions from the party’s six-year term limits rule. Agriculture Chair G.T. Thompson of Pennsylvania and Armed Services Chair Mike Rogers of Alabama have both signaled they intend to seek waivers after leading their committees for six years. Rep. Ken…
A federal judge has ordered the White House to immediately restore press credentials for reporters at CNN, MS NOW, and Politico, ruling the ban likely violated constitutional due process rights. U.S. District Judge Timothy Kelly handed down the ruling in the early hours of Thursday morning, following an emergency hearing on the outlets’ joint lawsuit….