US Politics & Business News
For many Americans approaching retirement, the question of when to begin Roth conversions is among the most consequential financial decisions they will face. A couple in their 50s holding $1.5 million in traditional 401(k) accounts are weighing whether now is the right time to begin converting those funds into a Roth account. The core appeal…
Treasury Secretary Scott Bessent insists he has a “big toolkit” to address mounting pressures in the U.S. government bond market, but his efforts so far have produced limited results. A two-pronged strategy combining accelerated buybacks with public reassurances has done little to calm investor anxiety or push longer-dated yields durably lower. The Treasury’s Wednesday announcement…
AST SpaceMobile (ASTS) is facing a legal challenge from Delclaux Partners, which has filed a lawsuit seeking more than $15 million in disputed contractual finder’s fees. The lawsuit centers on alleged unpaid compensation that Delclaux Partners claims is linked to financing arrangements it helped source for the satellite company. The case raises significant questions about…
Quantum computing stocks are falling sharply midday Thursday, with no company-specific news driving any of the individual declines across the group. Rigetti Computing (NASDAQ: RGTI) is down 7% to $15.73, while IonQ (NYSE: IONQ) shares are sliding 6% to $40.60 in Thursday trading. D-Wave Quantum (NYSE: QBTS) is falling 4% to $18.60, and Quantum Computing…
GE Aerospace (GE) has delivered exceptional shareholder returns over the past year, with shares climbing 33.4% to $356.23, far outpacing the S&P 500’s 20.6% gain over the same period. The central risk facing the stock today is not a demand problem, as orders are actually running ahead of what the company can ship. The real…
Walmart (WMT) shares fell sharply Thursday after the retail giant posted its slowest U.S. comparable sales growth in years, unsettling investors despite a headline earnings beat. Shares dropped 7.3% to around $105 shortly after markets opened, marking the stock’s largest intraday loss since May 21. The company reported $187.9 billion in quarterly revenue and earnings…
Treasury Secretary Scott Bessent expressed cautious optimism Thursday, telling CNBC there is a “very good chance” the U.S. budget deficit has already reached its peak under President Donald Trump. Bessent made the remarks in an exclusive interview with CNBC’s Sara Eisen, one day after his department’s extraordinary debt buyback announcement drew widespread attention. “We are…
Crossroads Capital LLC, an investment management firm, spotlighted AST SpaceMobile in its second-quarter 2026 investor letter, praising the company’s operational momentum. AST SpaceMobile, Inc. (NASDAQ: ASTS) is a US-based satellite communication company building a space-based cellular broadband network that connects directly to standard smartphones via its BlueBird satellites. Shares of ASTS closed at $66.43 on…
D-Wave Quantum (QBTS) has gained just 0.6% since its second-quarter earnings report on August 6, significantly underperforming peers IonQ (IONQ) and Rigetti (RGTI) as well as the S&P 500. Investors appear to be prioritizing near-term financial execution over D-Wave’s longer-term technology milestones, creating a visible disconnect between sentiment and strategic progress. Second-quarter revenues came in…
AAR Corp. (AIR) is aggressively expanding its aircraft aftermarket capabilities through targeted acquisitions designed to solidify its standing in the growing maintenance, repair and overhaul market. The company’s strategy focuses on moving beyond traditional maintenance services into higher-value areas of the aviation aftermarket, including engineering, aircraft modification and certification. In April 2026, AAR completed the…