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Altitude Sickness Brings Stocks Down — Hard
Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Friday, June 5, 2026. Wall Street's historic weekly run is poised to come to a halt, with stocks and bonds falling after a solid jobs report added to speculation the Federal Reserve's next interest-rate move will be a hike.
US Stock Futures Drop After Tech Selloff, Oil Up: Markets Wrap
Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Friday, June 5, 2026. Wall Street's historic weekly run is poised to come to a halt, with stocks and bonds falling after a solid jobs report added to speculation the Federal Reserve's next interest-rate move will be a hike.
Charting the Global Economy: Jobs, Inflation Feed Rate-Hike Bets
A trader works on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Friday, June 5, 2026. Wall Street's historic weekly run is poised to come to a halt, with stocks and bonds falling after a solid jobs report added to speculation the Federal Reserve's next interest-rate move will be a hike.
US charges Raúl Castro with murder
The US justice department has unveiled criminal charges against the former Cuban president, Raúl Castro. The accusations against the 94-year-old include conspiracy and four counts of murder. They stem from a 1996 incident in which Cuban military jets shot down two planes flown by Miami-based Cuban exiles.
Will SpaceX still be a launch company after its historic IPO?
Will SpaceX still be a launch company after its historic IPO? The company is now "a conglomerate with exposure to AI, advertising, communications and space manufacturing and operations." On May 20, SpaceX filed with the U.S. Securities and Exchange Commission (SEC) key documentation for an initial public offering (IPO) of stock.
US puts Alibaba, BYD and Baidu on Chinese military blacklist
The Pentagon has added 188 Chinese companies to its military blacklist — its biggest ever expansion — in a move that targets household names far beyond the defence sector. The Pentagon has added Alibaba, BYD and Baidu to its list of Chinese military companies, barring them from US defence contracts, considered a significant expansion of a designation that now reaches deep into China's civilian tech sector. The list, updated and published Monday, has grown to 188 Chinese entities, up from 134...
Elon Musk Is Dropping a Boulder in a Kiddie Pool
Elon Musk is about to set in motion a chain of events that will reshape the global financial order. For starters, when SpaceX formally goes public next week, he is all but guaranteed to become the world’s first trillionaire. His rocket company is targeting a valuation of $1.77 trillion, which would make it one of the 10 biggest companies in the world—bigger than Meta, Walmart, and, for that matter, Tesla.
Pentagon labels tech giant Alibaba and electric car maker BYD as aiding Chinese military
Pentagon labels tech giant Alibaba and electric car maker BYD as aiding Chinese military The Pentagon has added several prominent Chinese businesses to its list of Chinese military companies - Bookmark The Pentagon has added several prominent Chinese businesses, including the tech giant Alibaba, electric car maker BYD and search engine Baidu, to its list of Chinese military companies, preventing them from getting U.S. defense contracts. The list, updated and published Monday by the Pentagon,...
WC bets may eclipse March Madness, Super Bowl
March Madness and the Super Bowl are typically America's favorite events to bet on, while soccer is often relegated to niche status at U.S. sportsbooks. But with the World Cup taking place on North American soil this summer, experts believe wagering on soccer's biggest tournament could exceed them both. Betting industry analysts estimate $2.9 billion will be bet on the FIFA World Cup at U.S. sportsbooks, more than double the amount wagered on the 2022 tournament and a figure that could spike...
WATCH: Rubio scorches claim Trump weighed finances in Iran decisions: ‘Not even for a millisecond’
Secretary of State Marco Rubio forcefully pushed back Wednesday against a Democratic lawmaker's suggestion that President Donald Trump may have considered personal financial interests when making decisions related to the recent conflict with Iran. Rubio called the allegation "completely false" and said he has never heard the president discuss his own finances in connection with war or foreign policy. The exchange came during a House Foreign Affairs Committee hearing, when Rep. Gregory Meeks,...