SpaceX shares slide again by 4%, as post-IPO rally fizzles
SpaceX shares fell 4.31% in Monday premarket trading, extending a multi-day slide that has wiped out most gains for investors […]
Business and Economy
Elon Musk’s SpaceX makes its official debut on the NASDAQ stock exchange
Elon Musk’s SpaceX has officially entered the public market, beginning trading on the Nasdaq under the ticker symbol SPCX in
Middle East crisis: World Bank prepares $100bn aid package for developing nations
The World Bank says it is ready to deploy up to $100 billion in support for developing countries as the
US wholesale inflation surges as Iran Oil shock drives business costs higher
America’s inflation battle just got tougher. US wholesale prices surged in May, with the Producer Price Index (PPI) rising 1.1%
Bitcoin loses its luster as traders chase AI wave
Bitcoin’s remarkable rally appears to have hit a wall as investors increasingly shift their attention—and money—toward the booming artificial intelligence
US economy adds 172,000 jobs in May, blowing past expectations, Labor Dept reveals
The US labour market delivered a pleasant surprise in May, showing more resilience than many economists expected. According to Fox
Europe moves closer to trade war with China over EVs
Europe is ramping up pressure in its trade standoff with China over electric vehicles, as tensions around tariffs and subsidies
Australian Guzman y Gomez faces lawsuit after abrupt Chicago closures following U.S. exit
Australian fast-food chain Guzman y Gomez is facing a lawsuit in the United States after former employees alleged they were
US 30-year treasury yield climbs to highest level since 2007
Rising inflation fears linked to the Iran war and concerns over government spending have pushed the 30-year US Treasury yield
UAE says OPEC exit Was strategic, not political
The UAE has defended its departure from OPEC as a sovereign economic decision rooted in national interest and long-term energy