US Politics & Business News
A group of Vietnam War veterans and an architectural historian are asking a federal court to block excavation for a proposed 250-foot triumphal arch in Washington, D.C. Veterans Michael Lemmon, Shaun Byrnes, and Jon Gundersen, joined by architectural historian Calder Loth, filed their emergency request for a temporary restraining order in federal court. The filing…
Former Labor Secretary Lori Chavez-DeRemer fostered a “toxic, intimidating and humiliating” workplace during her tenure leading the department, a new watchdog report has found. The Labor Department’s Office of Inspector General released its scathing findings Thursday, covering allegations that had swirled around Chavez-DeRemer since before her April resignation. Investigators interviewed at least 38 witnesses who…
A major analyst initiation from Berenberg sent two underperforming space stocks sharply higher in Wednesday morning trading, spotlighting a deepening fault line in sector valuations. AST SpaceMobile (NASDAQ: ASTS) surged 11% to $62.36, marking its sharpest single-session gain in weeks, while Planet Labs (NYSE: PL) climbed 5% to $20.14 on the same initiation coverage. Berenberg…
Long-time Chief Financial Officer John Markovich retired from D-Wave Quantum Inc. on September 2, 2026, marking a notable leadership shift at the quantum computing company. Senior vice president of finance Greg Golkov has stepped in as acting CFO and principal financial and accounting officer, effective immediately following Markovich’s departure. D-Wave emphasized that Markovich’s exit did…
TransDigm Group (TDG) is aggressively pursuing strategic acquisitions to broaden its proprietary aerospace portfolio and deepen its aftermarket capabilities across key segments. The company’s acquisition strategy centers on businesses offering highly engineered products, strong aftermarket potential, and attractive long-term financial returns for shareholders. In April 2026, TransDigm acquired Jet Parts Engineering and Victor Sierra Aviation…
Bloom Energy (BE) has officially been named to the S&P 500, joining a group of other companies set to enter the benchmark index. Index additions typically generate significant buying pressure as funds tracking the S&P 500 are required to purchase shares of newly included companies. Rocket Companies (RKT) and Affirm Holdings (AFRM) have been identified…
The U.S. labor market delivered a powerful surprise in August, adding far more jobs than economists predicted and signaling renewed hiring momentum heading into fall. Nonfarm payrolls rose a seasonally adjusted 162,000 for the month, blowing past the Dow Jones economist consensus estimate of just 53,000 new jobs. The unemployment rate held steady at 4.1%,…
Democratic U.S. Senate candidate James Talarico plans to hold a statewide food drive as Republicans gather in Dallas for President Donald Trump’s midterm convention. The initiative, dubbed the “Love Thy Neighbor” food drive, is designed to draw a sharp contrast with the Republican gathering happening in the same state. Talarico is running against Republican Attorney…
Nearly 30 percent of AI chatbot responses to common voting questions are inaccurate, incomplete, or outdated, according to a new study from the Institute for Strategic Dialogue. Researchers with ISD, an organization focused on extremism, disinformation, and online threats, tested 15 generic prompts across six AI chatbots to assess their reliability on election information. The…
Former House Speaker Paul Ryan blasted the current state of American politics, arguing both parties have abandoned fiscal responsibility in favor of populism. Ryan made his remarks Thursday during an appearance on CNBC’s “Squawk Box,” where he minced no words about Washington’s failure to address the national debt. “Our politics are just fundamentally unserious right…