US Politics & Business News
One of the most important relationships in global markets has started to unravel over the past couple of weeks. Investors are scrambling to figure out what it might mean for the economy, and their portfolios. When long-standing correlations between major asset classes break down, it typically signals a significant shift in the underlying forces driving…
Women stand at the center of a growing concern about artificial intelligence and employment, with historical patterns suggesting they face disproportionate risk from automation’s latest wave. From automated telephone switches to washing machines to personal computers, American women have repeatedly seen their professional prospects reshaped by technological change in profound ways. “AI is focused on…
Artificial intelligence is increasingly challenging some lawmakers’ confidence that they have the capacity to regulate the rapidly evolving technology. Members of Congress are turning to outside experts for guidance as the complexity of AI systems outpaces the technical knowledge held by most elected officials. The push to bring AI specialists to Capitol Hill reflects a…
In the years since Donald Trump returned to the White House, a pattern of cruelties directed at immigrants has reshaped daily life across the United States. Immigration and Customs Enforcement agents have killed U.S. citizens, while children live in fear that their parents will not return home from school. Many immigrants who followed legal procedures…
House Speaker Mike Johnson (R-La.) says he alerted the White House to potential “unintended consequences” stemming from President Trump’s decision to waive sanctions on Russia. Trump signed an executive order last week waiving sanctions on Russia that were set to take effect under legislation championed by the late Sen. Lindsey Graham (R-S.C.) and passed by…
AST SpaceMobile (NASDAQ: ASTS) shares climbed 3.5% Monday morning following a significant announcement about its space-based cellular broadband expansion across Europe. The company revealed that Deutsche Telekom, Orange, Telefónica, and Vodafone signed a Letter of Intent to explore a potential joint bid for Mobile Satellite Services spectrum. The agreement marks a notable alignment among Europe’s…
AST SpaceMobile, Inc. (NASDAQ: ASTS) is pushing deeper into the European market, welcoming a Letter of Intent signed by four major mobile network operator partners to explore a joint bid for Mobile Satellite Services spectrum. Deutsche Telekom, Orange, Telefónica, and Vodafone are the four operators involved, representing a combined subscriber base of more than 500…
Aerospace and defense giant Raytheon (NYSE: RTX) is set to report its third-quarter results Tuesday morning, drawing close attention from Wall Street investors. The company delivered a strong performance last quarter, posting revenues of $24.71 billion, representing a 14.5% increase year over year. RTX also exceeded analysts’ earnings per share estimates last quarter, while full-year…
Kelly Clarkson, the Grammy-winning artist and former American Idol champion, has quietly assembled one of the most impressive celebrity real estate portfolios in the country. The Fort Worth, Texas native rose to fame after winning the first season of American Idol, launching a career that has generated an estimated net worth of $50 million. A…
The United States is staring down a dangerous combination of surging long-term bond yields and a federal deficit that has now crossed the $2 trillion threshold. Treasury yields remain above 5%, pushing the average 30-year fixed-rate mortgage toward 7.5% and squeezing American households seeking to buy or refinance homes. Pending home sales fell 4% in…