US Politics & Business News
The Supreme Court ruled 5-4 to allow construction of a new White House state ballroom to continue, lifting lower court blocks on above-ground work. Five conservative justices, including all three of President Trump’s appointees, sided with the administration in the closely watched case. Chief Justice John Roberts broke from his conservative colleagues, joining the court’s…
Quantum Computing Inc. (QUBT) and D-Wave Quantum (QBTS) have both underperformed the broader market following their second-quarter 2026 earnings releases in early August. Since August 6, QUBT stock has lost 7.1% while QBTS has declined 12.4%, compared to a modest 0.1% dip in the S&P 500. Higher Treasury yields and renewed rate-hike concerns are adding…
U.S. strikes on Iranian rocket launchers in the Strait of Hormuz, followed by retaliatory attacks on American bases in Jordan, have sharply escalated Middle East tensions. The renewed conflict has triggered fresh investor interest in the defense sector, with analysts pointing to a sustained multi-year procurement cycle for major contractors. Exchange-traded funds offer a diversified…
India’s economy expanded by 7.8% in the quarter ending June, comfortably surpassing analyst expectations and signaling continued resilience in Asia’s third-largest economy. A Reuters poll had forecast growth of 7.1% for the period, meaning the actual figure came in significantly ahead of consensus estimates across the board. The result matches the 7.8% growth recorded in…
The Jeffrey Epstein files controversy continues to draw bipartisan attention, with one prominent Democratic congressman placing blame squarely on the Biden administration for withholding them. Rep. Maxwell Frost (D-Fla.) has argued publicly that former President Biden should have released the Epstein files during his time in office. Frost sits on the House Oversight and Government…
The Republican Party’s campaign arms have formally asked the Supreme Court to intervene in a dispute over television advertising rates ahead of the midterm elections. The request follows a federal appeals court ruling that determined only candidates, not political party committees, are entitled to the lowest available broadcast television ad rates. The GOP campaign committees…
Paxton is pushing back hard against sharp criticism from the man he defeated in the Republican primary for Texas’s open U.S. Senate seat. Texas Attorney General Ken Paxton appeared on Fox News Sunday to defend his campaigning pace after Sen. John Cornyn called him a weak and lazy candidate. “John Cornyn doesn’t know my schedule….
After posting one of the more striking multi-year runs in the satellite communications space, AST SpaceMobile (ASTS) is drawing fresh scrutiny over whether its current price can be justified. The stock has returned roughly 13 times over the past three years, setting an exceptionally high bar for any additional upside to hold up under fundamental…
SpaceX CEO Elon Musk publicly backed President Donald Trump’s proposed United States Space Academy after Trump signed an executive order establishing a commission to design it. Musk responded to the White House announcement on X with two rocket emojis, signaling his support for the initiative aimed at building America’s next generation of space talent. The…
Millions of Americans approaching retirement face a critical decision about when to claim Social Security spousal benefits, and the timing can mean the difference of hundreds of dollars each month. If your spouse has built a substantial Social Security record, you may be eligible to receive up to 50% of their primary insurance amount as…