US Politics & Business News
President Trump signed the “Continuing Appropriations and Extensions Act, 2027” into law on Wednesday, temporarily averting a government shutdown ahead of the September 30 deadline. The signing ensures federal agencies remain funded through at least December 11, carrying the government past November’s midterm elections before another funding deadline arrives. The stopgap measure cleared both chambers…
AST SpaceMobile (ASTS) shares jumped more than 11% after Berenberg initiated coverage of the stock with a Buy rating on Wednesday. The move is part of a broader push by the broker to highlight investment opportunities across the space sector following a period of volatility. Berenberg launched coverage of four space stocks simultaneously, all receiving…
U.S. stock indices finished Wednesday on a positive note after oil prices halted their advance, giving investors reason to reassess inflation risks and rate hike prospects. The S&P 500 (SPY) closed 0.5% higher, the Nasdaq 100 (QQQ) added 0.2%, and the Dow Jones Industrial Average (DIA) gained 0.6% on the session. Dell Technologies (DELL) led…
RTX Corporation (RTX) has lost just 0.7% over the past six months, a notably stronger result than the Zacks Aerospace-Defense industry’s steep decline of 15.8%. The broader Zacks Aerospace sector also fell 15.9% during the same period, making RTX’s relative resilience stand out among its peers. RTX did, however, underperform the S&P 500, which posted…
South Korea’s semiconductor sector delivered a staggering export surge in August, pushing the country’s overall trade figures to historic levels. Semiconductor exports jumped 209% from a year earlier to a record $46.65 billion in August, accounting for 47.5% of the country’s $98.25 billion in total goods exports that month. The Ministry of Trade, Industry and…
House Minority Leader Hakeem Jeffries is under fierce internal pressure to punish two Democratic members who crossed party lines on a key procedural vote. Rep. Marie Gluesenkamp Perez of Washington and Rep. Jared Golden of Maine sided with Republicans on a procedural rule that would have otherwise failed without their support. Their votes effectively bailed…
An engine failed aboard a US Coast Guard aircraft carrying Department of Homeland Security Secretary Markwayne Mullin, forcing an emergency landing Wednesday afternoon. The pilot of Coast Guard flight 101 radioed air traffic controllers at Ronald Reagan Washington National Airport with an urgent message, captured in a recording by ATC.com. “We just lost our right…
The White House is pushing back against questions surrounding President Trump’s decision to temporarily suspend higher tariffs on ground beef imports from certain countries. A White House official told News Nation that the policy was the product of an extensive internal process, not a single conversation with any outside party. “President Trump’s action to address…
Shares of AST SpaceMobile (ASTS) jumped 13% on Wednesday, September 2, 2026, after investment bank Berenberg initiated coverage with a bullish recommendation. The broader market also moved higher on the day, with the S&P 500 gaining 0.4% and the Nasdaq Composite rising 0.3% in Wednesday’s session. Berenberg initiated coverage of the satellite-communications company with a…
Pure-play quantum stocks delivered powerful gains earlier in 2026 before hitting a wall as investors began demanding harder evidence of revenue conversion and commercialization. IonQ (IONQ) shares dropped 5.4% following its second-quarter results, while Rigetti and D-Wave (QBTS) shares have lost 10.7% and 22.7%, respectively, since August 5. The sharp volatility underscores the risks of…