Sen. Warren calls on SEC to delay SpaceX IPO, flagging concerns about valuation and governance
Sen. Elizabeth Warren noted Elon Musk’s “uniquely unchecked” power as SpaceX’s majority shareholder and other concerns in a letter to the SEC.
Trump says ‘I love the inflation’ after consumer price index hits 3-year high
President Trump suggested that inflation would drop when the U.S. war against Iran ends, and said, “we’ve been taking out millions of barrels of oil.”
Trump signs $70 billion immigration funding bill after months of delay
The $70 billion package will fund Immigration and Customs Enforcement and Customs and Border Protection through the end of President Donald Trump’s term.
Trump pledges more Iran attacks, saying U.S. will be ‘attacking them very hard’
President Donald Trump promised more attacks on Iran after strikes resumed this week. Earlier this week, he said a deal to end the war was near.
Trump doubles down on Pulte for DNI, calls for short-term extension of foreign surveillance law
Unless Congress acts, a key provision of the Foreign Intelligence Surveillance Act will expire at the end of this week.
SpaceX primed for double-digit pop on first day, if ‘perps’ trading is any guide
Crypto traders are currently pricing the SpaceX pre-IPO perp on Hyperliquid at $161, about 19% above the company’s fixed IPO price of $135 per share.
Amazon trucking expansion sparks freight stock sell-off
Amazon has been spinning out more of its in-house logistics offerings for others to access, posing a growing threat to industry incumbents.
Here’s the inflation breakdown for May 2026 — in one chart
Inflation jumped to a three-year high in May as the Iran war continued to fuel higher energy prices.
Dow falls 250 points on chip sell-off, Trump Iran threat and 3-year inflation high: Live updates
U.S. forces launched “self-defense strikes” against Iran on Tuesday in retaliation for the downing of a helicopter, pushing up crude oil prices.
Consumer prices rose 4.2% annually in May, highest in three years
The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.