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IBM (IBM) Lands $1 Billion Commerce Department Contract To Establish First Standalone U.S. Quantum Chip Foundry

Anthony SinclairSeptember 16, 202603 mins

International Business Machines (IBM) has secured a landmark $1 billion government contract to construct the first standalone quantum chip foundry on U.S. soil. The agreement comes through the Commerce Department, marking a significant federal commitment to advancing domestic quantum computing infrastructure. The facility, named Anderon, represents a new chapter in American quantum technology development and…

RTX (NYSE: RTX) Inks F100 Engine License With Hermeus And Hits Key F135 Design Milestone

Thomas ShelterSeptember 16, 202603 mins

Pratt & Whitney, a unit of RTX (NYSE: RTX), has signed a new production licensing agreement with Hermeus for its F100-PW-229 fighter engine. The agreement grants Hermeus the rights to manufacture the F100-PW-229, one of the most widely deployed engines across U.S. military fighter aircraft fleets. Hermeus operates under a rapid build model, which could…

Surging Treasury Yields Drive Up America’s Debt Costs As 10-Year Rate Breaches 5%

Anthony SinclairSeptember 16, 202604 mins

A bond market selloff has pushed the benchmark 10-year Treasury yield to the verge of 5%, intensifying fears across Wall Street and Washington about rising borrowing costs. The surge in yields is worsening anxiety about the U.S. economy’s ability to absorb higher interest rates on its already swelling national debt. The 10-year Treasury yield jumped…

U.S.-Iran War Costs American Households $1,760 As Oil Prices And Treasury Yields Surge

Thomas ShelterSeptember 16, 202606 mins

American consumers are being squeezed from two directions as rising oil prices and soaring Treasury yields compound the financial toll of the U.S. war with Iran. Crude prices have reaccelerated in recent weeks as fighting between the U.S. and Iran has intensified, pushing pump prices sharply higher across the country and draining household budgets at…

Chris Pappas in the New Hampshire Senate Race

Jon Husted’s Data Center Liability Threatens Ohio Senate Race As Democrats Press Attack

Anthony SinclairSeptember 16, 202604 mins

Ohio Republican Senator Jon Husted is facing a growing political problem over data centers, one that could define his 2026 Senate campaign in a deeply competitive state. Husted was appointed to the Senate seat by Republican Governor Mike DeWine in January 2025, filling the vacancy left by JD Vance when there was little political noise…

House Passes Iran War Powers Resolution With Growing Republican Defections

Thomas ShelterSeptember 16, 202603 mins

The House voted 220-204 on Tuesday to advance a Democratic-backed war powers resolution aimed at restricting President Donald Trump’s military operations against Iran. The measure marks the third time the chamber has passed such legislation since the conflict between the United States and Iran began. Seven Republicans broke with their party to support the resolution,…

Michigan Democrat El-Sayed Slams Republican Rogers For Skipping Senate Debate

Anthony SinclairSeptember 16, 202603 mins

El-Sayed, the Democratic Senate nominee in Michigan, fired back at Republican opponent Mike Rogers after Rogers skipped a scheduled debate. El-Sayed delivered a sharp quip in response, saying “the elephant was not in the room,” riffing on both the classic idiom and the Republican Party’s elephant symbol. The comment quickly drew attention as a pointed…

Redwire (RDW) Looks Like The Smarter Space Infrastructure Buy Over AST SpaceMobile (ASTS) Right Now

Thomas ShelterSeptember 16, 202605 mins

After a multiyear rally, booming space stocks have begun to collapse, dragging down even some of the sector’s most prominent names significantly. The Space Exploration Technologies IPO acted as a catalyst that sent many space-related stocks plummeting sharply, hitting investors hard across the board. AST SpaceMobile (NASDAQ: ASTS) has fallen 52% from its highs, while…

Pentagon Confirms On-Orbit Weapons Program, Boosting Outlook For RKLB, ASTS, SPCX, RDW

Anthony SinclairSeptember 16, 202605 mins

U.S. military officials publicly confirmed that Space Force personnel operate weapons in orbit, marking a significant shift in American space defense posture. The disclosure drew immediate investor attention to space-sector stocks, including Rocket Lab (RKLB), AST SpaceMobile (ASTS), Redwire (RDW), and SpaceX (SPCX). On Tuesday, Redwire (RDW) rose 2.5% and Rocket Lab (RKLB) gained 2%,…

Pentagon Missile Buildup Lifts Boeing (BA) And RTX (RTX), But Markets Signal Upside Already Baked In

Thomas ShelterSeptember 15, 202606 mins

On August 14, the Pentagon announced framework agreements with Boeing (NYSE: BA) and RTX Corporation (NYSE: RTX) to increase component production for SM-3 Block IIA and SM-3 Block IB interceptors. Both interceptor types serve as the foundation for the Aegis Ballistic Missile Defense System, the sea-based shield used by the US Navy to intercept incoming…