US Politics & Business News
Mississippi Republican Sen. Roger Wicker delivered sharp criticism of Chinese President Xi Jinping ahead of the leader’s high-profile summit with President Trump in Washington, D.C. During remarks on the Senate floor Tuesday, Wicker said that had the White House sought his “advice,” he would have recommended Trump “not invite Xi Jinping to Washington for such…
BMW is confronting a bill exceeding £600m from the UK’s motor finance mis-selling scandal, placing it among the hardest-hit lenders in the industry. Newly filed accounts from the German carmaker’s British finance arm show its provision for mis-selling claims jumped from £206m in 2024 to £612m in 2025. The revised figure surpasses the £430m that…
AST SpaceMobile, Inc. (ASTS) closed the most recent trading session at $63.69, representing a gain of 2.91% from the previous day’s close. The broader market told a different story, with the Dow Jones Industrial Average falling 0.36% while the Nasdaq posted a gain of 0.45% on the same trading day. Despite Tuesday’s positive movement, ASTS…
Speculative quantum-computing stocks are facing a sharp reality check as investors grow less willing to pay a premium for long-dated growth stories. D-Wave Quantum (QBTS) has declined 27.7% over the past three months, while Quantinuum (QNT) has fallen 25.1% in the same period. The Federal Reserve raised its benchmark federal funds target range by 25…
California’s labor movement notched a significant win in 2025, adding more than 100,000 union members and outpacing the national rate of growth, according to a sweeping new study produced by researchers across nearly every campus in the University of California system. The study, called “State of the Unions,” was spearheaded by UCLA’s Institute for Research…
A Reuters report on Iran offering to reopen the Strait of Hormuz within seven days has triggered a sharp selloff in aerospace and defense shares Tuesday morning. Iran’s offer is contingent on the U.S. taking initial steps toward easing military pressure, according to the Reuters report driving Tuesday’s market moves. Crude oil is falling for…
The Nasdaq Composite has surged to record highs, and analysts are now warning investors that waiting for a pullback before buying could be a costly mistake. The index’s rapid climb has caught many market participants off guard, particularly those who have remained on the sidelines anticipating a significant correction before entering positions. Market momentum of…
SanDisk (SNDK) shares climbed in pre-market trading after Rosenblatt analyst Kevin Cassidy initiated coverage with a Buy rating and a $2,400 price target. Cassidy sees approximately 36% upside from SanDisk’s September 22 closing price of $1,766.64, citing AI infrastructure as a structural growth driver. The analyst believes AI computing is creating an opportunity to make…
A federal appeals court has struck down rules restricting protesters from the steps of the U.S. Capitol, finding the policy violated constitutional free speech rights. The 2-1 decision from the U.S. Court of Appeals for the District of Columbia Circuit targeted Capitol Police Board restrictions on demonstrations held on the Capitol’s eastern steps. The challenged…
American and Iranian officials held a three-hour meeting at the United Nations, President Trump confirmed, marking a significant moment in diplomatic engagement between the two nations. The meeting signals a potential shift in relations between Washington and Tehran, which have remained deeply strained for decades following years of sanctions and political hostility. Trump confirmed the…