CONGRESS.NET

FBI Investigates Suspicious Substances Mailed To Congressional And Election Offices Nationwide

Thomas ShelterOctober 18, 202604 mins

Federal authorities are investigating a wave of letters containing suspicious substances sent to congressional offices and election boards across the country. The FBI, U.S. Capitol Police, and U.S. Postal Inspection Service confirmed they are jointly investigating “multiple letters containing suspicious substances that were mailed to various addresses nationwide, including multiple Congressional offices.” The investigation was…

Michigan Senate Candidate Abdul El-Sayed Pushes Back Against Muslim Brotherhood Question At Town Hall

Anthony SinclairOctober 18, 202604 mins

Democratic Michigan Senate candidate Abdul El-Sayed confronted the implications of a question at a Saturday town hall asking whether he would disavow the Muslim Brotherhood. An attendee at a Michigan campaign event directly asked El-Sayed whether he would renounce the organization, prompting an extended and pointed exchange between the two. El-Sayed quickly answered, “Sure. Yeah,…

Florida Senate Candidate Nixon Stands By Call To Jail Republican Opponent Sen. Moody

Thomas ShelterOctober 18, 202603 mins

Democratic Senate candidate Angie Nixon is standing firm on her demand that Republican opponent Sen. Ashley Moody face criminal prosecution over allegations tied to a Florida charity. Nixon appeared on CBS’s “Face the Nation” Saturday to address her earlier calls for Moody to be imprisoned over accusations related to the mishandling of taxpayer funds. The…

AST SpaceMobile (ASTS) Options Spread Offers 227% Payout With Contrarian Mathematical Case

Anthony SinclairOctober 18, 202604 mins

A bold options trade on AST SpaceMobile (ASTS) is drawing attention despite the stock carrying a 100% Strong Sell rating from Barchart’s Technical Opinion indicator. Debit-side options spreads work similarly to at-bats in baseball, where success rates are low but smart decision-making can exploit favorable conditions and circumstances. ASTS stock has lost nearly 30% over…

Rigetti Computing (RGTI) Slides 21% In A Month As Quantum Sector Faces Commercialization Doubts

Thomas ShelterOctober 18, 202605 mins

Rigetti Computing (RGTI) shares have dropped sharply over the past month, raising fresh questions about investor patience with the quantum computing sector. RGTI stock declined 21% over the past month, while D-Wave Quantum (QBTS) fell 27.6% and Quantum Computing Inc. (QUBT) slipped 19% over the same period. The broader software market and the S&P 500…

Wall Street Sets Q3 Earnings Bar For RTX Corporation (RTX) With Key Segment Forecasts In Focus

Anthony SinclairOctober 18, 202603 mins

Analysts expect RTX (RTX) to report quarterly earnings of $1.76 per share, a 3.5% increase compared to the same period last year. Revenue forecasts for the quarter stand at $23.84 billion, representing a year-over-year increase of 6.1% for the defense and aerospace giant. The consensus EPS estimate has seen a modest downward revision of 0.1%…

A 64-Year-Old Father Wants To Leave 70% Of His Family Business To The Son Who Actually Runs It

Thomas ShelterOctober 18, 202604 mins

The question of how to divide a family business among heirs is one of the most emotionally charged decisions any parent can face. A 64-year-old father with two sons is wrestling with whether it is ethical to leave 70% of the family company to the son who actively works in the business. The other son…

Wholesale Prices Surge 6.3% Annually In September, Marking Biggest Jump Since 2022

Anthony SinclairOctober 18, 202604 mins

September’s producer price index came in far hotter than economists had forecast, reinforcing persistent inflationary pressures tied to rising energy costs amid the U.S. war with Iran. The producer price index climbed 1.3% in September and 6.3% on an annual basis, according to the Bureau of Labor Statistics, marking the largest monthly and annual gains…

Sen. Bernie Moreno Warns GOP Must Prepare ‘Last Supper’ Reconciliation Bill If Party Loses Congress

Thomas ShelterOctober 18, 202603 mins

Sen. Bernie Moreno is pushing Republicans to prepare for a sweeping party-line legislative package in the event Democrats flip one or both chambers of Congress after the midterms. The Ohio Republican made the remarks Thursday to reporters at the Capitol, invoking a striking biblical metaphor to describe the stakes involved. “We will do a reconciliation…

Trump Administration Rewrites Human Rights Policy With Conservative Overhaul At State Department

Anthony SinclairOctober 18, 202604 mins

The Trump administration has fundamentally redirected U.S. human rights policy, steering more than $175 million in funds toward conservative causes and priorities. Secretary of State Marco Rubio moved quickly to reshape the State Department’s Bureau of Democracy, Human Rights and Labor, calling it “a platform for left-wing activists to wage vendettas against ‘anti-woke’ leaders” in…