US Politics & Business News
Fintech companies are catching on to how Americans are altering their financial habits and have created new products designed to meet the moment. A growing number of apps and websites are simulating the shopping and food ordering experience without users making any real purchases at all. Users simply browse, click, add items to a cart,…
The U.S. Treasury is pushing back hard against the International Monetary Fund after the fund warned that American debt is on an unsustainable path. David Zervos, newly appointed counselor to the Treasury Secretary, told CNBC on Thursday that the IMF should examine its own track record before criticizing U.S. fiscal policy. “When we see pieces…
Retiring Rep. Mark Amodei of Nevada says he will “absolutely not” vote for the Republican candidate tapped to replace him in a once-solidly red congressional district. Amodei made the declaration in a Saturday interview, saying he views Trump-endorsed candidate David Flippo as entirely the wrong person for Nevada’s 2nd District. “I think the seat’s at…
Pennsylvania Governor Josh Shapiro is launching a new political action committee, intensifying speculation that he is laying the groundwork for a future presidential run. The committee, named New Path PAC, has already established a public-facing website outlining its political mission and goals. According to the website, the PAC is dedicated to electing candidates who will…
In a mild break from President Trump, Sen. Darline Graham (R-S.C.) said she would prefer to keep sanctions pressure on Russia following his executive order. Trump signed the order Friday, waiving sanctions on Russian energy that were passed under the Lindsey O. Graham Sanctioning Russia and Iran Act. The legislation was named after Graham’s late…
AST SpaceMobile (NASDAQ: ASTS) shares have fallen more than 20% over just five trading sessions, hitting a one-year low not seen since September 2025. The Midland, Texas-based company is now down approximately 67% from its all-time high reached on May 28, as multiple headwinds converge on the stock simultaneously. SpaceX’s latest push to acquire low-band…
D-Wave Quantum (QBTS) shares dropped 21.0% in the week ending October 14, 2026, closing at their lowest point in the past twelve months. The sell-off left QBTS trading 73.1% below its highest level of the past year, a dramatic collapse that far outpaced the broader market’s 1.0% dip over the same period. Year-to-date, QBTS has…
Raytheon, a core business unit of RTX Corporation, has locked in an $8 billion sole-source nuclear command-and-control modernization contract running through late 2036. The award positions RTX at the center of America’s strategic nuclear deterrence architecture for the next full decade, providing rare long-term revenue visibility. Alongside the nuclear award, Raytheon also secured its first…
Tau Robotics is deploying teleoperated humanoid robots into San Francisco homes and offices, charging customers $30 an hour per machine for cleaning services. The company uses the paid cleaning sessions as a vehicle to collect real-world training data for its artificial intelligence robotics models. Two of Tau’s modified Unitree G1 robots vacuumed, mopped, and wiped…
Wall Street economists are now forecasting an acceleration in the Federal Reserve’s preferred inflation gauge after a surprisingly hot wholesale price report. The producer price index climbed 1.3% in the latest reading, the biggest monthly gain since March 2022 and more than double the 0.6% consensus estimate. That pushed the year-over-year PPI increase to 6.3%,…