US Politics & Business News
The U.S. Senate returned from a five-week recess, but it remained unclear whether Kentucky Republican Sen. Mitch McConnell would end his prolonged absence from Capitol Hill. McConnell has been away from the Senate for roughly three months due to ongoing health issues that have raised persistent questions about his capacity to serve. The senator was…
Bettina Trump, wife of Donald Trump Jr., is pushing back against mounting criticism over a wedding gift from Russian oligarch Umar Kremlev. Taking to Instagram, Bettina Trump sought to clarify the nature of Kremlev’s involvement in the couple’s wedding celebrations and reframe the narrative around their nuptials. “Apparently our wedding is making headlines again, so…
Yankee Stadium is among 10 locations in the South Bronx where cooling towers have tested positive for Legionella bacteria amid an active disease outbreak. The New York City Department of Health ordered all 10 towers that tested positive to be cleaned and disinfected by Monday following Sunday’s findings. Officials cautioned that polymerase chain reaction testing…
AST SpaceMobile, Inc. (ASTS) is steadily broadening its mobile network operator ecosystem while moving closer to commercializing its space-based cellular broadband service. The company now holds partnerships with more than 60 MNOs globally, collectively representing more than 3 billion subscribers across multiple regions. Rather than competing directly with existing telecom operators, ASTS has built a…
Quantum Computing Inc. (QUBT), also known as QCi, is navigating increasingly difficult conditions in the competitive quantum-computing market amid growing investor scrutiny. Investors are placing greater emphasis on revenue visibility, cash requirements and commercialization milestones over qubit achievements and government contract wins. QUBT stock has shed 28% over the past month, significantly underperforming the broader…
Industrials companies form the backbone of the American economy, yet the sector has broadly underperformed the broader market over the past six months. The industry’s 5% return lagged the S&P 500 by 8.3 percentage points, a gap that reflects ongoing pressure from volatile macroeconomic conditions affecting capital spending. Interest rates and shifting demand cycles continue…
Charles D. Lavine has served as a member of the New York State Assembly since 2005, representing the 13th district, which covers portions of North Hempstead and Oyster Bay in Nassau County. A Democrat, he has built a long legislative career centered on ethics reform, judicial oversight, and civil rights protections, making him one of…
JPMorgan (JPM) strategists are sounding the alarm as Brent crude punches through $100 per barrel, warning markets may not be ready for what comes next. The bank’s core concern is not simply that oil is expensive, but that the eventual decline could arrive fast enough to blindside traders positioned on the wrong side. Brent crude…
Wall Street giant Morgan Stanley Wealth Management is sounding the alarm over the stock market’s growing dependence on artificial intelligence capital expenditures. The firm’s chief investment officer, Lisa Shalett, warns that the current rally represents a “one-note narrative” that could be nearing its end. Since ChatGPT launched in November 2022, AI data center ecosystem stocks…
A parent facing a difficult estate planning situation is seeking advice on how to handle a $1.3 million estate given their son’s serious genetic illness. The son, who has a serious genetic disease, does not have a spouse or children, making the estate planning calculus more complex than a typical inheritance situation. The parent is…