US Politics & Business News
Saudi Arabia has postponed its flagship annual investment conference, known as “Davos in the Desert,” to 2027 following a series of deadly Houthi attacks on the kingdom. Organizers at the Future Investment Initiative (FII) Institute announced the delay of the conference’s milestone tenth edition, which had been scheduled for Oct. 26-29 in Riyadh. The Iran-backed…
AST SpaceMobile (ASTS) has joined forces with Deutsche Telekom, Orange, Telefónica, and Vodafone to explore a joint satellite spectrum bid targeting European markets. The partnership aims to deliver space-based cellular broadband coverage to more than 500 million mobile users across the continent. The group also plans to assess joint investment in European-operated ground infrastructure specifically…
Appearing on the All-In podcast, Martin Shkreli delivered a blunt verdict on the quantum computing sector that investors should take seriously. His core argument was simple and direct: “They’ll never beat an NVIDIA machine,” he said, targeting the AI workload that has driven the sector’s sky-high valuations. Shkreli acknowledged that quantum computers can solve a…
The U.S. Army has awarded the Javelin Joint Venture a $215 million production contract for its Lightweight Command Launch Unit system. The Javelin Joint Venture is a partnership between Raytheon, an RTX (NYSE: RTX) business, and Lockheed Martin (NYSE: LMT), combining the capabilities of both defense giants. The Lightweight Command Launch Unit, known as the…
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…