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SpaceX is set to launch the largest initial public offering in history, targeting a valuation near $1. 77 trillion, Al Jazeera reported. The company plans to sell 555. 6 million shares at $135 each, aiming to raise $7...
U. S. and Israeli military strikes against Iran sparked fears of major disruptions to global oil supplies, prompting an immediate surge in crude prices, according to NPR. Inside Climate News reported that the attacks ...
President Donald Trump said the United States secretly escorted more than 100 million barrels of oil and over 200 commercial vessels through the Strait of Hormuz, a claim that U. S. officials are expected to expand up...
The U. S. Bureau of Labor Statistics reported that the producer price index rose 1. 1% in May, lifting the annual wholesale inflation rate to 6. 5%. The rise lifted the yearly inflation figure to 6. 5%. Higher oil pr...
Anthropic CEO Dario Amodei warned that artificial intelligence could cause lasting job losses and later unveiled a $350 million policy framework to mitigate the risk. According to Business Insider, Amodei said AI may ...
The European Central Bank announced that it raised its main policy rate by 0. 25 percentage point, bringing it to 2. 25%, citing inflation pressures stemming from the Middle East conflict. The ECB’s statement also out...
The U. S. Bureau of Labor Statistics is scheduled to release the consumer price index for May, which economists expect to show a 4. 2% annual increase as oil prices climb amid heightened tensions in the Strait of Horm...
S&P Dow Jones Indices has reportedly rejected SpaceX's request for accelerated inclusion in the S&P 500, a decision that analysts say could limit the company's exposure to retail investors through standard retirement ...
Reuters analysis showed that four cryptocurrency projects linked to the Trump family earned about $2. 3 billion, while roughly one million retail investors lost a comparable amount. The projects included World Liberty...
The U. S. Social Security Administration’s board of trustees said in its latest report that the retirement trust fund will be exhausted by the end of the decade. CNBC reported that the fund could run out by that time,...
The Penn Wharton Budget Model has warned that the United States federal debt could exceed sustainable levels, potentially surpassing 210% of GDP. This projection raises concerns about the risk of fiscal crisis if the ...
SpaceX signed a major computing resources deal with Google, set to commence with monthly payments of $920 million. According to TechCrunch, this agreement was established ahead of SpaceX's anticipated initial public o...
Alphabet completed a major stock sale in the United States to fund its artificial intelligence computing capacity. Berkshire Hathaway expanded its investment in Alphabet by purchasing an additional $10 billion in shar...
