US

The landscape of politics plays a crucial role in determining the performance of defense stocks in the stock market. Historically, defense stocks have seen strong gains when there has been a single party in control across Congress and the executive branch. In particular, the Republican Party has been associated with significant outperformance in the defense
In a surprising turn of events, a federal judge in Florida has dismissed the criminal classified documents case against former President Donald Trump and two co-defendants. The ruling, made by Judge Aileen Cannon in the U.S. District Court for the Southern District of Florida, was based on the violation of the appointments clause of the
SpaceX, a renowned space exploration company founded by Elon Musk, is currently facing an unexpected setback with its Falcon 9 rocket being grounded due to an in-flight failure. This incident, which is considered rare for the company’s reliable workhorse vehicle, occurred during the “Starlink Group 9-3” mission that launched from California’s Vandenberg Space Force Base.
The recent bipartisan proposal by senators to ban members of Congress from trading stock has gained significant attention due to the potential implications for lawmakers’ financial activities. This initiative, spearheaded by Sen. Josh Hawley, R-Mo., emphasizes the need to prevent elected officials from profiting off privileged information. Despite previous unsuccessful attempts to regulate stock trading
House Democrats gathered at their national party headquarters in Washington for a crucial closed-door meeting on Tuesday. The meeting was shrouded in secrecy, with members unable to use their phones during the session. This marked the first time the entire caucus had come together since President Joe Biden’s lackluster debate performance against former President Donald