With SpaceX filing for an initial public offering, the tone in markets is unmistakably bullish. Analysts are already calling it “one of the year’s most-anticipated market debuts” and “one of the largest IPOs ever.” Unlike the outdated IPO framework of…
SpaceX has filed confidentially for an initial public offering, according to people familiar with the matter, bringing billionaire Elon Musk’s rocket, satellite and AI company closer to delivering the biggest-ever listing. The company submitted its draft IPO registration to the…
Many women business owners around the world can’t get access to the financing they need. The Women Entrepreneurs Finance Initiative, a World Bank-housed partnership, estimated that 400 million female entrepreneurs struggle to get loans, and serving them could lead to…
With U.S. crude nearly doubling in price since the beginning of the year, and with the Strait of Hormuz still more-or-less blocked, the cost of almost everything from cars to flights to even those reliant on plastics or semiconductors (to…
For the better part of two years, a powerful consensus has taken hold: artificial intelligence is the great disinflationary force of our time. The logic, touted by billionaire investors like Marc Andreessen and Vinod Khosla, is seductive and seemingly airtight.…
A judge on Wednesday granted Luigi Mangione only a slight delay of his federal trial in the killing of UnitedHealthcare CEO Brian Thompson, moving it from September to October instead of next year, as his lawyers had wanted. U.S. District Judge Margaret…
After a four-year hiatus, Warren Buffett will once again host his annual charity lunch auction, and this time, he’s got some high-profile names to help him co-host. Stephen Curry, four-time NBA champion of the Golden State Warriors, and his wife,…
The federal agency that regulates derivatives markets is ready to put the hammer down on prediction markets. In his first public remarks since joining the Commodity Futures Trading Commission on March 2, David Miller, the agency’s new director of enforcement,…
Hershey said Wednesday it will use classic recipes for all Reese’s products starting next year, a change that comes after the grandson of Reese’s founder criticized the company for shifting to cheaper ingredients. Reese’s Peanut Butter Cups have always been made with…
COVID-19 gave us hybrid work. The Iran War might give us a three-day weekend. That’s because, as Sri Lanka, the Philippines, and Pakistan move to a 4-day work week because of the war in Iran, experts say we’re the closest…