US Politics & Business News
Republicans from across the party are gathering in Dallas this week for a two-day Republican National Committee midterm convention led by President Trump. Trump is directing GOP members to campaign as though he himself is on the ballot during the upcoming midterm elections, setting an aggressive tone for the party. Administration officials, Republican candidates, and…
Bernie Sanders-endorsed democratic socialist David Morales has defeated incumbent Providence Mayor Brett Smiley in Tuesday’s Democratic primary election. Morales, a Rhode Island state representative, ran a platform centered on rent stabilization, affordable housing expansion, and higher taxes on corporate landlords and polluters. The victory adds Providence to a growing list of cities where progressive democratic…
AST SpaceMobile (ASTS) has shed 24.4% over the past six months, a steep decline compared to the wireless equipment industry’s more modest drop of 3.1%. The stock has underperformed the Zacks Computer and Technology sector as well as the broader S&P 500, which posted gains during the same period. Rivals have fared considerably better, with…
Quantum computing stocks are taking their sharpest single-session hit in weeks midday Wednesday, driven entirely by shifting Federal Reserve rate expectations rather than any company-specific developments. IonQ (NYSE: IONQ) is leading the sector lower, falling 4% to $38.77 in early afternoon trading, erasing a meaningful portion of the sector’s recent bounce. Rigetti Computing (NASDAQ: RGTI)…
GE Aerospace (GE) has signed an agreement to acquire Consolidated Precision Products, known as CPP, from private investment firms Warburg Pincus and Berkshire Partners. The transaction is valued at approximately $11.75 billion in total, structured using $7 billion in cash with debt covering the remaining consideration. CPP, headquartered in Cleveland, Ohio, specializes in producing precision-engineered…
Diageo’s Crown Royal whisky brand appears positioned to sidestep a sweeping U.S. import ban on Canadian alcoholic beverages, thanks to its American bottling operations. President Trump signed an executive order banning the import of wine, spirits, and beer from Canada into the U.S., taking effect September 29, deepening an already bitter trade dispute. The ban…
A growing number of young Americans say the classic formula for financial success is no longer working the way previous generations experienced it. Generation Z and younger millennials are finding it harder than ever to achieve financial stability through education, stable employment, and homeownership. Rising living costs, unaffordable starter homes, mounting consumer debt, and the…
Congressional lawmakers are facing mounting criticism for failing to address artificial intelligence risks after a prominent researcher made a dramatic public exit. Jacob Coxon resigned from AI lab Anthropic, saying he no longer believed it was possible to safely develop the technology being built there. Coxon announced on X that he quit because both Anthropic…
A new poll reveals that Americans are growing increasingly skeptical of information released by the federal government, with majorities expressing low levels of trust. The Associated Press-NORC Center for Public Affairs Research and USAFacts conducted the survey, releasing their findings on Wednesday to broad public attention. The results paint a stark picture of the relationship…
Political experts and commentators are increasingly skeptical that any election cycle alone can resolve the structural fractures running through American society today. A recent opinion piece in The Hill argues that midterm elections will not end political threats, heal the nation’s divisions, or restore a meaningful sense of civic civility. The core argument is straightforward:…