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RTX lifts 2026 forecasts on aircraft repair, defense demand

RTX lifts 2026 forecasts on aircraft repair, defense demand

By Mike Stone and Aishwarya Jain July 23 (Reuters) - RTX raised its 2026 sales and profit forecasts on Thursday, betting on sustained demand for commercial aircraft maintenance and military systems, as airlines keep older jets flying and governments replenish weapons stockpiles.

As the president touts Trump Accounts, some families are still waiting for baby's $1,000

As the president touts Trump Accounts, some families are still waiting for baby's $1,000

President Donald Trump says Trump Accounts could lift children out of poverty and help more Americans invest in the stock market

Messy primaries plague both major political parties, causing chaos and confusion in the midterms

Messy primaries plague both major political parties, causing chaos and confusion in the midterms

As midterm campaigning heats up, both major political parties face unexpected challenges

Netflix Faces 45% Stock Decline Amidst Revenue Miss and Analyst Optimism

Netflix Faces 45% Stock Decline Amidst Revenue Miss and Analyst Optimism

Netflix Faces 45% Stock Decline Amidst Revenue Miss and Analyst Optimism

Alaska Air forecasts quarterly profit below estimates as jet fuel prices stay high

Alaska Air forecasts quarterly profit below estimates as jet fuel prices stay high

July 21 (Reuters) - Alaska Air on Tuesday forecast third-quarter profit below Wall Street expectations as renewed U.S.-Iran fighting drove fuel prices higher. The Seattle-based airline expects third-quarter adjusted profit to be in the range of $0 per share to $1 per share.

GE Vernova Stock Drops Despite Revenue Beat and Raised Guidance

GE Vernova Stock Drops Despite Revenue Beat and Raised Guidance

GE Vernova Stock Drops Despite Revenue Beat and Raised Guidance

Otis Worldwide Exceeds Q2 2026 Revenue Expectations, Adjusts Full-Year EPS Guidance

Otis Worldwide Exceeds Q2 2026 Revenue Expectations, Adjusts Full-Year EPS Guidance

Otis Worldwide Exceeds Q2 2026 Revenue Expectations, Adjusts Full-Year EPS Guidance

US House advances Trump budget outline, election voting restrictions

US House advances Trump budget outline, election voting restrictions

By Richard Cowan WASHINGTON, July 22 (Reuters) - U.S. House of Representatives Republicans on Wednesday advanced President Donald Trump's partisan budget plan and voting restriction initiatives in a push to boost the party before the November midterm elections.

House votes to limit stock trading by members of Congress, elevating a campaign issue

House votes to limit stock trading by members of Congress, elevating a campaign issue

The House has approved legislation that would bar members of Congress from purchasing individual stocks

Warren Buffett Concentrates Berkshire's Portfolio in Five Major Companies

Warren Buffett Concentrates Berkshire's Portfolio in Five Major Companies

Warren Buffett Concentrates Berkshire's Portfolio in Five Major Companies

Hegseth is facing questions from senators over funding for the Iran war

Hegseth is facing questions from senators over funding for the Iran war

Senators launched pointed remarks in a hearing with Defense Secretary Pete Hegseth over the U.S. war against Iran

Jensen Huang's staggering $4 trillion bet shifts Nvidia

Jensen Huang's staggering $4 trillion bet shifts Nvidia

The warehouses of computer servers powering artificial intelligence are growing so fast that their electricity appetite is beginning to reshape household budgets. The CEO of the company supplying most of the hardware in those facilities just laid out a projection that makes the current ...