The average long-term U.S. mortgage rate ticked up this week to just below its high for the year, …
First, it had its most-profitable quarter in corporate history. Reporting $112 billion in profit, that’s its first 12-figured quarterly profit in history. But 69% of that came from unrealized paper gains on its stakes …
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Business
Elon Musk’s wealth could double the economy of his native South Africa as world’s first trillionaire
Catapulted by the market debut of his rocket company SpaceX, Elon Musk could become the world’s first trillionaire by the end of …
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Business
Trump hosts World Cup on 80th birthday with the Strait of Hormuz still shut and oil above $90 per barrel
President Donald Trump has long been looking for this weekend to be a big one for his presidency. The World …
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Good morning. Elon Musk is the face of SpaceX but behind the scenes, Bret Johnsen has spent more …
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At 8:50 a.m. Eastern Time today, oil was priced at $89.94 per barrel with Brent serving as the …
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The guy who built SpaceX’s engines has thoughts on its IPO. Tom Mueller was employee No. 1 at …
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Business
Ken Griffin has Miami. Stephen Ross has West Palm Beach. Fort Lauderdale had Wayne Huizenga — and it’s been winning ever since
In the conversation about where American business is heading next, Fort Lauderdale offers a quieter but equally compelling …
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Business
How Elon Musk sold a $1.77 trillion dream—and what other CEOs can learn from the SpaceX IPO
Good morning. It’s SpaceX IPO day! Hooray? Odds are high that investors will clamor for some of the …
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Business
Controversy swirls over Spanish soccer club accused of using novel $600,000 Kalshi wager to bet on its relegation
A Spanish football club at the center of a prediction market controversy has denied placing a nearly $600,000 …
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Business
SpaceX’s IPO could be largest in history. Here’s how it compares to previous record-holders
SpaceX is shooting for the stars: a record-breaking $135 per share initial public offering that would value the …
