US Politics & Business News
Rocket Lab successfully launched an Earth-imaging satellite for Japan’s Institute for Q-shu Pioneers of Space, marking the company’s 14th launch of 2026. The mission, dubbed “Lightning God Defends,” represented the 93rd overall flight of Rocket Lab’s Electron orbital rocket, launched from New Zealand. The payload, a QPS-SAR satellite, was deployed into low-Earth orbit, completing Rocket…
Quantum computing pure plays are posting sharp single-session gains Friday, driven by sector rotation rather than any company-specific announcement or filing. Infleqtion (NYSE: INFQ) is leading the group higher, rising 10% to $13.82 in midday trading, continuing a shorter-term recovery in a stock still below its February listing price of $15.59. Rigetti Computing (NASDAQ: RGTI)…
Canada will impose sweeping retaliatory tariffs on American goods starting September 8, after trade negotiations with the United States collapsed Friday night. Prime Minister Mark Carney announced the measures Saturday, saying Canada would match Washington’s new 50% duties on Canadian exports with equal force. “Canada will match Washington’s new tariffs dollar for dollar in order…
After surging through the first half of 2026, memory and storage stocks are struggling to reclaim their highs as AI trade concerns overshadow otherwise strong fundamentals. Sandisk Corp. (SNDK), Micron Technology Inc. (MU), Western Digital Corp. (WDC), and Seagate Technology Holdings Plc (STX) remain among the top performers in the S&P 500 this year, but…
D-Wave Quantum (QBTS) is back in the spotlight after a turbulent stretch, with investors weighing a new board appointment against a steep pullback in share price. The company recently appointed Kevan P. Krysler as an independent Class I director, bringing long-tenured finance and audit expertise to both its board and Audit Committee. The move signals…
A powerful rally in industrial stocks has defied higher oil prices, rising bond yields, and restrictive trade policies throughout 2026, fueled by investor enthusiasm over artificial intelligence spending. Shares of companies that make heavy machinery, move goods, and construct buildings and bridges rank among the best performers in the S&P 500 Index alongside energy and…
Cash App, owned by Block (SQ), has launched a $25 NFC-powered magic wand that functions as a tap-to-pay device, directly capitalizing on a viral social media trend. The product sold out all 10,000 available units on June 4, just hours after going live for purchase on the platform. The wand trend originated with social media…
The U.S. Treasury Department announced it would more than double its planned purchases of longer-term government debt, catching markets off guard this week. The move was designed to calm bond markets following a sustained selloff that had pushed yields sharply higher, making U.S. debt appear increasingly risky to investors. The Treasury said it would increase…
When a job disappears, health insurance often vanishes with it, leaving millions of Americans scrambling to find affordable alternatives before coverage lapses. Losing employer-sponsored health insurance is one of the most stressful financial consequences of a layoff, particularly for those with ongoing medical needs or prescriptions. The most immediate option available to laid-off workers is…
U.S. stock futures pointed to a modest recovery early Friday after a sharp selloff in the previous session rattled investor confidence across major indices. As of 4:30 a.m. ET, Nasdaq futures rose 0.4%, Russell 2000 futures were up 0.5%, while S&P 500 (SPY) and Dow futures each gained 0.3%. For the week, both the Nasdaq…