US Politics & Business News
The Farnborough Airshow kicked off Monday with a wave of major aviation deals spanning commercial jets, defense systems, and emerging air mobility technology. Boeing (BA) emerged as an early standout, announcing orders for nearly 150 planes as the prestigious biennial event got underway in the United Kingdom. The order haul represents a significant commercial boost…
President Donald Trump imposed 50% tariffs on most Canadian goods Monday, citing what he called unfair discrimination against American autos, alcohol, and dairy products. Trump signed three proclamations invoking Section 338 of the Tariff Act of 1930, a rarely used legal authority that grants the president power to impose maximum tariffs on discriminatory trading partners….
Shares of Lumentum Holdings (LITE) surged more than 9% on Monday after Barclays upgraded the optical and photonic technologies maker to a bullish stance. Barclays lifted its rating on LITE to Overweight from Equal Weight, maintaining a $1,000 price target that implies roughly 36% upside from Friday’s closing price. The upgrade comes after LITE shares…
More Americans than ever before now have legal access to medical aid in dying, with laws spreading rapidly across the country in recent years. Today, more than one in three Americans — approximately 32.80% of the population — live in a jurisdiction where medical aid in dying is legally authorized. At least 14 states have…
AST SpaceMobile (ASTS) is emerging as one of the more compelling growth stories in the space sector, with analysts projecting revenue gains that could outrun even the world’s most valuable space company. SpaceX (SPCX) currently holds a market cap of $1.6 trillion, making it the dominant force in the global space industry by a wide…
D-Wave Quantum Inc. (QBTS) has taken a significant hit in recent weeks, with shares tumbling 32.2% over the past four weeks amid persistent selling pressure. Despite the sharp decline, technical indicators and fundamental signals are beginning to align in ways that suggest the stock could be approaching a turning point. Analysts who track the quantum…
Oppenheimer says the early batch of S&P 500 earnings results for the latest quarter are significantly surpassing analyst profit growth estimates. The findings come from an initial group of S&P 500 companies that have already reported their quarterly financial results ahead of the broader earnings season. Earnings growth among the early reporters is tracking well…
Taylor Fresh Foods confirmed the FDA apologized after a laboratory test for Cyclospora on its iceberg lettuce returned an erroneous positive result. “Today, FDA apologized to us,” Taylor Fresh Foods said in a statement, marking a rare public acknowledgment of error from the federal food safety agency. The full statement from Taylor Fresh Foods read:…
The U.S. Department of Agriculture revised its beef export sales figures dramatically downward, triggering serious questions about the agency’s data integrity following significant staffing losses. Just one week before the correction, the USDA reported net U.S. beef export sales for the week ending June 25 had reached 126,062 metric tons, representing a nearly 500% jump…
Social Security’s long-term financial outlook is fueling a sharp debate among financial professionals about the smartest time to start collecting benefits. A certified public accountant is publicly arguing for claiming Social Security early, pointing to a risk that many retirement planners quietly acknowledge but rarely discuss openly. The central concern is the projected depletion of…