SpaceX IPO explained: The price is set, but retail allocation still up in the air
Charles Schwab, Fidelity, Robinhood, SoFi and Morgan Stanley's E-Trade are among the brokerage platforms making SpaceX shares available.
The May inflation numbers are due out Wednesday morning. Here's what to expect
If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate.
Trump says U.S. must 'respond' after Iran shoots down helicopter over Hormuz Strait
The latest clash with Iran over the Strait of Hormuz came as President Donald Trump repeated that a deal with Tehran could be reached within days.
Anthropic releases Mythos-like AI model to the public two months after private rollout rocked Wall Street
Anthropic said the broad release is possible because of new safeguards that block responses in specific high-risk areas.
Semiconductor shorts pile on as winning trade reverses
Investors' favorite trade is suddenly the one they can't stop betting against.
Kalshi trading in 'perps' crosses $1 billion in volume within a week of launch
A spokesperson for the company said that the product is the fastest growing in the prediction market platform's history.
Trump family got about $500M from crypto venture — but investors saw steep losses
Eric Trump and Donald Trump Jr. celebrated a deal with Alt5 Sigma that generated roughly $500 million for the Trump family. The company's shares are down 93%.
White House border czar Tom Homan blames New York Gov. Hochul for promised ICE surge
Gov. Kathy Hochul in May signed a New York law that barred agreements with ICE that made it easier for the agency to detain immigrants who had been jailed.
Social Security retirement trust fund may be depleted in 2032, new trustees report finds
The Social Security Administration has released a report with new projections as to when the trust funds that help pay benefits may be depleted.
As LIV Golf faces a Saudi funding cliff, CEO says to take PIF 'at their word'
PIF is set to stop funding the golf league after the 2026 season, though O'Neil could not guarantee that the final four tournaments will take place.
$70 billion immigration funding package moves toward passage in U.S. House
The U.S. House on Tuesday is scheduled to vote on a $70 billion immigration enforcement funding package after months of debate.
Apple shares slide after big Siri AI reveal
Apple unveiled new artificial intelligence software at WWDC, highlighted by its long-awaited update to Siri.
Rivian is betting on its R2 EV to turn the automaker into a household name like Tesla
The R2 SUV is meant to transform Rivian from a niche EV manufacturer that sells luxury vehicles into a more mainstream brand like U.S. EV leader Tesla.
JPMorgan Chase plans to deploy more powerful AI agents this year
JPMorgan Chase's move suggests long-running AI agents are close to clearing the security and governance hurdles that have slowed adoption inside big companies.
Jeffrey Epstein's former assistant Lesley Groff interviewed by House panel
Groff worked for Epstein for nearly 20 years, and her name appears more than 150,000 times in the Epstein files released by the Department of Justice.
Home sales surged in May to the highest level since December
Home sales rebounded in May as mortgage rates dropped back a bit in April, but prices are still rising.
Another jump in Boeing deliveries shows why we got into the stock and want to stay in
It's key to assessing the aircraft manufacturer's turnaround story under CEO Kelly Ortberg.
Bitcoin's brutal sell-off sparks a flurry of trading in related stocks, including one big bullish bet
The year has been a rocky one for the flagship cryptocurrency, but traders aren't backing away from the space.
Energy Secretary Chris Wright says traffic in Strait of Hormuz is rising 'very meaningfully'
Wright said that describing the volume of oil exports out of Hormuz as increasing is a "fair statement."
USDA Secretary Rollins calls Texas ag chief 'unserious' amid screwworm threat
Texas Agriculture Commissioner Sid Miller lost his bid for a fourth term in a March Republican primary, despite Trump's endorsement.
5 takeaways from airline CEOs' biggest annual gathering
Airline CEOs met in Rio de Janeiro at IATA, the International Air Transport Association's annual meeting.
SpaceX employee group creates low-fee wealth management option with Choreo for post-IPO
The deal marks a bold experiment in the wealth management industry that could shift the balance of power from advisory firms to wealthy groups of investors.
Nuvalent shares surge 39% after UK's GSK agrees to buy the cancer drugmaker for $10.6 billion
The deal comes at a time of biotech dealmaking frenzy, driven by looming patent cliffs, newly buoyant public markets and drugmakers' race to bolster pipelines.
Upstart chipmakers keep challenging Nvidia. This time it's Microsoft-backed D-Matrix
Nvidia challenger D-Matrix is entering full production of an AI chip it says is 10 times faster than a GPU and bypasses the memory shortage.