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The US, explained in one minute. Verified news, every day.

NASA awards $10B lunar contracts to SpaceX and Blue Origin
business#NASALunarContracts ·

NASA awards $10B lunar contracts to SpaceX and Blue Origin

NASA awards up to $10B in lunar contracts to SpaceX, Blue Origin and six other aerospace companies.

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NASA announced on Saturday that SpaceX, Blue Origin, and six other firms can bid for up to $10 billion in lunar delivery contracts to support a permanent moon base. The agency raised the maximum value of its existing Commercial Lunar Payload Services contract from $2.6 billion to $4.2 billion to fund the initial phase of this project. NASA Administrator Jared Isaacman stated that astronauts returning to the moon will find essential base elements already waiting on the surface.

Former school aide arrested for fatal stabbing of Brooklyn jogger
politics#BrooklynStabbing ·

Former school aide arrested for fatal stabbing of Brooklyn jogger

Former school aide Sayed Mohassib arrested for fatal stabbing of Brooklyn jogger Katie Suarez

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Sayed Mohassib, a former school aide and ex-NYPD officer, was arrested in Brooklyn for the fatal stabbing of 28-year-old Katie Suarez on October 30. Mohassib, who previously worked at P.S. 200, told investigators he blacked out after walking with a knife before the victim died from neck wounds days later. The New York City Department of Education suspended him and plans to terminate his employment pending the murder conviction.

In-N-Out owner vows chain will remain in California despite expansion
business#InOutBurgerCalifornia ·

In-N-Out owner vows chain will remain in California despite expansion

In-N-Out owner Lynsi Snyder vows the chain will remain in California despite her family moving to Tennessee.

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In-N-Out president Lynsi Snyder confirmed the burger chain will keep its California roots despite her family moving to Tennessee. The company, founded in 1948 by her grandparents, now operates locations in nine additional states while considering expansion into Mississippi, Arkansas, Oklahoma, and New Mexico. Snyder dismissed rumors of closing California stores as the dumbest business decision, noting the brand continues growing within the state.

Alabama Power Customers May Be Billed for $6 Million in Ads Until 2029
business#AlabamaPowerAds ·

Alabama Power Customers May Be Billed for $6 Million in Ads Until 2029

Alabama PSC requests utility stop billing customers for ads immediately

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The Alabama Public Service Commission voted Tuesday to request that Alabama Power immediately stop billing customers for advertising costs, a move effective before the state's new law takes effect in 2029. PSC President Cynthia Lee Almond proposed excluding all advertising expenses from retail rate settings for 2027 and 2028, arguing there is no reason to wait until the legal deadline.

ERShares XOVR ETF Investment in Kalshi Reaches $53.1 Million
business#ERSharesKalshi ·

ERShares XOVR ETF Investment in Kalshi Reaches $53.1 Million

ERShares XOVR ETF investment in Kalshi reaches $53.1 million after valuation jump

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ERShares reported that its XOVR ETF holding in prediction market firm Kalshi grew to approximately $53.1 million following a recent financing round. This unrealized gain of about $23.1 million reflects a valuation jump from the original $30 million stake to a new company value of roughly $40 billion. The fund's strategy targets private businesses early in their development rather than waiting for public market listings.

Florida Property Tax Cuts Risk Defunding Rural Emergency Services
politics#FloridaTaxCuts ·

Florida Property Tax Cuts Risk Defunding Rural Emergency Services

Florida voters approved Amendment 3 raising property tax exemptions, risking cuts to rural emergency services.

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Florida voters approved Amendment 3 to raise the homestead exemption limit to $150,000 by 2027 and $250,000 by 2028 while capping annual assessment increases on commercial properties at 5%. State economists warn local governments could lose nearly $5 billion initially and $12 billion annually, potentially forcing cuts to police, fire, and emergency medical services.

NASA awards contracts for Moon base transportation and science projects
business#NASAMoonBase ·

NASA awards contracts for Moon base transportation and science projects

NASA awarded contracts for Moon base transportation and science projects including a $10 billion CLPS 2 framework and the PROMISE rover.

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NASA announced new contracts and mission updates on Saturday to expand its Moon Base exploration capabilities at an aerospace expo in Florida. The agency selected eight companies for the next phase of its Commercial Lunar Payload Services initiative, which includes a ten-year framework with a combined maximum value of $10 billion. NASA also advanced development of the PROMISE nuclear-powered rover, which will land at the Moon's South Pole to characterize the surface and assess resource potential.

New York State imposes one-year moratorium on data center permits amid grid concerns
tech#NewYorkDataCenterMoratorium ·

New York State imposes one-year moratorium on data center permits amid grid concerns

New York State paused data center permits in July 2026 amid grid concerns.

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New York State officials paused environmental permits for large data centers for up to one year in July 2026 to evaluate grid and environmental impacts. At that time, nearly 12 gigawatts of potential demand were waiting in the state's interconnection queue. Industry experts note that transformer lead times now exceed two years, creating a bottleneck for new computing capacity.

Solo US small business owners leveraging AI see rapid growth in 2026
business#AIAISoloBusiness ·

Solo US small business owners leveraging AI see rapid growth in 2026

US solo business owners using AI report rapid growth and revenue without hiring staff in 2026.

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Solo entrepreneurs in the United States are rapidly adopting artificial intelligence to run cost-competitive businesses without hiring staff. Stanford economist Erik Brynjolfsson notes that AI enables individuals to perform tasks previously requiring entire teams, while labor economist Liya Palagashvili reports a 26.8% rise in non-employer business applications in AI-exposed industries between the first quarter of 2024 and the first quarter of 2026.

CNBC analysis finds midterm blue wave unlikely to impact 2028 presidential race
politics#US2028Election ·

CNBC analysis finds midterm blue wave unlikely to impact 2028 presidential race

CNBC analysis suggests Tuesday's midterm losses will not impact the 2028 presidential race.

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CNBC analyzed election data since 1938 to determine if Tuesday's midterm losses predict the 2028 presidential outcome. The study found that while Tuesday marked the biggest House seat loss for the incumbent party since 2018, it ranks only 10th historically among major midterm waves. Jay Campbell of Hart Associates noted that individual candidate quality matters far more in presidential races than in congressional ones. Statistically, the current wave is unlikely to carry forward to the next election cycle.

Healthcare stocks face uncertainty as Democrats take control of Congress
business#HealthcareStocksUS ·

Healthcare stocks face uncertainty as Democrats take control of Congress

Healthcare stocks face uncertainty as Democrats prepare to take control of Congress amid potential legislative gridlock.

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Healthcare stocks face uncertainty as Democrats prepare to take control of Congress, according to Mizuho sector specialist Jared Holz. Holz told CNBC on Wednesday that the outlook remains unclear due to potential legislative gridlock and noted that pharmaceuticals are currently trading at higher valuations than technology for the first time in two decades.

US midterm election results set stage for inflation and housing data focus
business#USMidtermEconomy ·

US midterm election results set stage for inflation and housing data focus

U.S. midterm election results shift focus to upcoming inflation and housing data releases.

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Following the U.S. midterm elections where Democrats secured control of Congress, investors now focus on upcoming inflation and housing data. Economists project the October consumer price index will rise to 3.9% from September's 3.7%, driven by earlier energy price surges linked to the conflict with Iran. Meanwhile, home sales are expected to remain stagnant near a 4-million annual pace as mortgage rates stay high, while new job creation reached 165,000 in October.

NASA opens applications for next generation of astronaut corps members
business#NASARecruitment ·

NASA opens applications for next generation of astronaut corps members

NASA opens applications for next astronaut class with Dec. 3 deadline

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NASA has opened applications for its next class of astronauts, with a deadline of 11:59 p.m. EST on Thursday, December 3, for U.S. citizens. The selected candidates will train to operate on the lunar surface and support missions to the Moon Base and Mars, with final selection expected in late 2027. Applicants must hold a master's degree in a STEM field and possess at least three years of related professional experience after graduation.

Godzilla Minus Zero earns $14.5 million in US box office debut
business#GodzillaMinusZeroBoxOffice ·

Godzilla Minus Zero earns $14.5 million in US box office debut

Godzilla Minus Zero earned $14.5 million in its US box office debut on Friday.

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Godzilla Minus Zero opened in North America on Friday, collecting $14.5 million across 3,254 theaters to claim the top spot. The film, a sequel to the 2023 release, significantly outperformed its predecessor's debut in the region. Meanwhile, the movie earned ¥910 million on its opening day in Japan, a figure roughly three times higher than the previous installment's launch.

FBI warns U.S. businesses of cyberattacks targeting food supply chain systems
tech#FoodSupplyCyber ·

FBI warns U.S. businesses of cyberattacks targeting food supply chain systems

U.S. agencies warn businesses of cyberattacks targeting food supply chain refrigeration systems.

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U.S. federal agencies warned American businesses on Thursday about cyberattacks targeting industrial refrigeration and cold-chain monitoring systems. FBI Cyber Division head Brett Leatherman stated that attackers exploit unpatched controllers, internet connectivity, or default passwords to breach these critical sectors. A joint advisory from the FBI, CISA, HHS, and USDA urged organizations to remove public internet exposure, isolate operational technology, and enforce strict credential security.

Berkshire Hathaway doubles buybacks to $9.6 billion as profits fall 28% in Q3
business#BerkshireHathaway ·

Berkshire Hathaway doubles buybacks to $9.6 billion as profits fall 28% in Q3

Berkshire Hathaway doubled Q3 buybacks to $9.6 billion despite a 28% drop in overall profits.

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Greg Abel's Berkshire Hathaway accelerated share repurchases to $9.6 billion in the third quarter, more than double the previous period's volume. Operating profits fell 5.8% to $12.705 billion as insurance underwriting dropped 43% and investment income declined 14%. Overall earnings including the stock portfolio fell 28% to $22.112 billion while the cash hoard grew 3% to $377.435 billion.

Democrat Josh Gottheimer buys AI stocks despite voting for congressional trading ban
politics#GottheimerStocks ·

Democrat Josh Gottheimer buys AI stocks despite voting for congressional trading ban

Rep. Josh Gottheimer bought AI stocks despite voting for a congressional trading ban.

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Representative Josh Gottheimer disclosed recent purchases of AI-related stocks, including shares in Benchmark Electronics and Applied Materials, despite previously voting for a congressional trading ban. The New Jersey Democrat bought between $1,001 and $15,000 of Benchmark Electronics stock on October 12 and up to $15,000 of Applied Materials shares on October 26.

Democratic midterm victory shakes Wall Street with fears over AI and defense stocks
politics#WallStreetMidterms ·

Democratic midterm victory shakes Wall Street with fears over AI and defense stocks

Democratic midterm victory caused Wall Street to fall on fears over AI regulation and an end to the U.S.-Iran war.

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Democratic midterm election results triggered sharp stock market reactions in New York, with AI and defense sectors falling while hospitals and liquor companies rose. Nvidia, Lam Research, Northrop Grumman, Lockheed Martin, RTX, and General Dynamics declined due to fears that a Democratic Congress will slow data center construction or end the U.S.-Iran war. Conversely, hospital shares increased on hopes for restored Medicaid funding, and liquor stocks gained expectations of tariff relief.

Midterm election losses for Trump signal potential shift in renewable energy policy
business#RenewableEnergyPolicy ·

Midterm election losses for Trump signal potential shift in renewable energy policy

Clean energy stocks rally after Democrats gain congressional control, reducing political interference risks for U.S. renewable investments.

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Following midterm elections that placed climate-friendly Democrats in control of the House and Senate, clean energy and solar stocks rallied as political interference risks diminished. Barclays analysts note this shift potentially protects the long-term economics of U.S. wind, solar, and battery storage investments. While President Trump retains veto power over subsidy restoration, some Republicans may assist Democrats to address voter concerns about high energy prices.