US Politics & Business News
Craig lost her Democratic primary bid for the Minnesota Senate seat to Lt. Gov. Peggy Flanagan, making her a free agent heading into January. Rep. Angie Craig (D-Minn.) has publicly signaled her interest in replacing retiring WNBA Commissioner Cathy Engelbert, who recently announced she would be stepping down from the role. Craig made her interest…
Planet Labs PBC (NYSE: PL) delivered record second-quarter revenue of $116 million, marking an approximately 58% increase compared to the same period a year earlier. The strong performance was driven by robust execution across satellite services and surging demand from defense and intelligence customers seeking geospatial data solutions. The company’s ability to capture government and…
Shares of AST SpaceMobile (ASTS) jumped nearly 12% on Wednesday, fueled by a fresh analyst initiation and a notable insider stock purchase. Investment firm Berenberg initiated coverage of AST SpaceMobile with a “Buy” rating and a $92 price target, roughly 65% above Tuesday’s closing price. Berenberg expressed confidence that AST SpaceMobile can build a profitable…
RTX Corporation (NYSE: RTX) is gaining significant momentum as rising geopolitical tensions push governments around the world to expand their defense budgets rapidly. The company’s stock has climbed roughly 9% year-to-date, reflecting growing investor confidence in RTX’s expanding defense backlog and long-term demand outlook. On September 1, the U.S. Department of War awarded RTX’s Raytheon…
Most workers believe maxing out a 401(k) means hitting the standard IRS elective deferral limit, but that assumption leaves significant retirement savings potential on the table. The employee deferral limit for 2026 stands at $24,500, representing the maximum you can contribute from your paycheck as pre-tax or Roth deferrals each year. However, 401(k) plans actually…
The Trump administration is mounting an unusually wide public push to stop the Federal Reserve from raising interest rates at its upcoming September meeting. President Donald Trump, Vice President JD Vance, Treasury Secretary Scott Bessent, and senior economic counselor Peter Navarro have all urged the Fed to avoid a rate hike or cut rates outright….
The House has returned from recess with a packed but precarious agenda, led by Speaker Mike Johnson’s push to pass a shutdown-averting spending bill already cleared by the Senate. The spending bill stands as the lone essential legislative item lawmakers must address before they can leave Washington ahead of the November midterms. Johnson faces significant…
The 2028 presidential race is already taking shape on the Democratic side, with a wide field of ambitious politicians positioning themselves for a potential run. The party is searching for its next standard-bearer following a difficult stretch that has left many Democrats eager to rebuild their national coalition and reclaim the White House. Among the…
A federal judge has ruled that former Sen. Kyrsten Sinema can be sued under North Carolina’s so-called homewrecker law over a romantic relationship with a married member of her security detail. U.S. District Judge David A. Bragdon denied Sinema’s motion to dismiss a lawsuit filed by Heather Ammel, the ex-wife of security guard Matthew Ammel….
Berenberg launched bullish coverage of three major space sector stocks, pointing to falling launch costs and surging defense budgets as key catalysts for sector growth. Analyst Michael Filatov initiated coverage of AST SpaceMobile (NASDAQ: ASTS), Rocket Lab (NASDAQ: RKLB), and Planet Labs (NYSE: PL), all with Buy ratings, citing a rapidly expanding investable universe in…