US Politics & Business News
Federal Reserve Chairman Kevin Warsh has moved quickly to reshape monetary policy since taking the helm on May 22, following his appointment by President Trump. Warsh has repeatedly talked up his commitment to fighting inflation, but Wall Street is growing impatient for concrete action to back up his hawkish rhetoric. His comments at a recent…
Federal Reserve Governor Christopher Waller said Thursday he is inclined to keep interest rates unchanged at the central bank’s September meeting, barring any surprise inflation data. Waller expressed confidence in current inflation trends, arguing that tariff impacts have likely been muted and higher energy prices have not significantly affected other parts of the economy. His…
Former Vice President Kamala Harris is brushing off calls from red-state Democrats asking her to stay away from their races ahead of the 2026 midterms. Harris spoke on MS Now’s State of Play with host Peter Alexander, initially joining to discuss journalist and feminist activist Gloria Steinem, who died Wednesday at age 92. Alexander pivoted…
Dolly Parton kept her cancer diagnosis a closely guarded secret before her death at age 80, her niece has confirmed publicly for the first time. Jada Star, 47, told Extra that the family made a deliberate decision to shield the beloved country icon’s health struggles from the public eye. “You know, we kind of kept…
Rep. Carlos Gimenez (R-Fla.) is drawing attention after publicly praising China’s approach to integrating artificial intelligence into its national education system. Gimenez made his remarks Wednesday during an appearance on NewsNation’s “The Hill,” hosted by Blake Burman, weighing in on a debate that is rapidly dividing American policymakers. “I think in this case, I think…
AST SpaceMobile (ASTS) develops constellations of low Earth orbit satellites that help telecom companies like AT&T and Verizon expand wireless coverage to remote areas beyond terrestrial tower reach. The company has launched 13 of its BlueBird satellites to date, with 12 currently operating in orbit and production advancing through BlueBird satellite 42. ASTS stock closed…
Renewed military conflict between the United States and Iran is sending shockwaves through financial markets, with defense stocks and ETFs emerging as standout beneficiaries. U.S. strikes on Iranian rocket launchers in the Strait of Hormuz, followed by retaliatory attacks on U.S. bases in Jordan, have dramatically escalated tensions in the Middle East. Analysts at Zacks…
The economic model underpinning Big Tech’s dominance is under serious strain as artificial intelligence forces a fundamental rethinking of how these companies are valued. For years, the largest technology platforms were celebrated as asset-light businesses, generating enormous profits without the burden of heavy physical infrastructure investment. That model is now giving way to something far…
The Federal Reserve’s interest rate decisions command enormous attention from Wall Street, but their actual impact on equities is often overstated by market participants. Investors frequently treat each Fed meeting as a make-or-break moment for portfolios, yet historical market behavior tells a more nuanced and complicated story about rate sensitivity. Stock markets have repeatedly demonstrated…
Democrats across the country are sharpening a new political attack line, targeting Republican opponents over their support for data center development and associated tax breaks. The strategy reflects growing public concern about the energy demands, land use, and economic promises tied to the rapid expansion of AI infrastructure nationwide. In Ohio, Democratic Senate candidate Sherrod…