SpaceX confidentially files for IPO, setting stage for record offering
Elon Musk’s SpaceX is reportedly targeting a valuation of around $1.75 trillion in its forthcoming IPO.
Germany stops gas stations from raising pump prices more than once a day
Germany is introducing a fuel package to prevent powerful gas companies from “abusive fuel price increases,” as the Middle East conflict continues.
Germany stops gas stations from raising pump prices more than once a day
Germany is introducing a fuel package to prevent powerful gas companies from “abusive fuel price increases,” as the Middle East conflict continues.
Trump says Iran’s president asked for ceasefire, but U.S. wants Hormuz Strait open first
The war began in late February when the U.S. and Israel launched strikes on Iran, causing economic turmoil and massive global energy disruptions.
Trump calls U.S. ‘STUPID’ for birthright citizenship after attending Supreme Court arguments
Trump’s executive order says babies born in the U.S. are not entitled to citizenship if their parents are illegal immigrants or undocumented workers.
Private sector hiring totaled 62,000 in March, better than expected, ADP says
Private sector employment growth kept pace, but health care and construction continued to provide nearly all the momentum.
Oracle layoffs will help cost savings, analysts say
Oracle plans to cut thousands of jobs which will free up cash flow as the company aggressively invests in its AI data center buildout.
Oil supply crunch will worsen in April, IEA warns as it weighs releasing more strategic reserves
The organization’s Executive Director Fatih Birol also warned that the Iran war had created the worst oil crisis in history.
Trump says he’s considering pulling U.S. out of ‘paper tiger’ NATO
The President’s comments are the latest threat to America’s allies after their reluctance to help reopen the Strait of Hormuz.
10-year Treasury yield edges higher as investors monitor developments with Iran war
The 10-year Treasury yield ticked up on Wednesday as investors assessed the prospect of a resolution to the conflict in the Middle East.
