Bond Traders Stunned as Losses on SpaceX’s New Debt Keep Growing
**SpaceX’s $25 billion bond sale is suffering an unusually rapid and severe widening in secondary trading, with paper losses reaching roughly $305 million and spreads on the longes...
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**SpaceX’s $25 billion bond sale is suffering an unusually rapid and severe widening in secondary trading, with paper losses reaching roughly $305 million and spreads on the longes...
**A $22 billion proposal to overhaul Dulles International Airport could transform it into America's first world-class hub, but the plan faces immense challenges.** The Metropolitan...
**Millions of barrels of oil continued flowing through the Strait of Hormuz this weekend, directly contradicting Iran's claim that the waterway was shut.** Three laden supertankers...
**A Prada sandal resembling the traditional Indian Kolhapuri sparked a cultural appropriation debate, exposing the limits of India's push to protect its heritage through geographic...
**Germany’s automakers are facing an existential crisis as their traditional business model collapses under pressure from Chinese rivals, protectionism, and high domestic costs.** ...
**Middle managers face an existential threat as CEOs increasingly view them as redundant in the AI era.** Jack Dorsey, Brian Armstrong, and Brian Chesky have publicly argued for fl...
**China has resumed gallium exports to Japan after a four-month suspension, but only for civilian use, while rare earth magnet shipments to Japan surged 380% year-on-year in May.**...
**King Street Capital Management is undergoing a drastic firmwide revamp after a sustained period of poor returns, client withdrawals, and an exodus of long-tenured partners.** The...
**Europe’s auto industry is in a deepening crisis, with Chinese manufacturers taking over production on European soil as local giants like Volkswagen, BMW, and Stellantis struggle ...
**South Korea’s Kospi index is experiencing meme-stock-like volatility, with intraday swings so extreme that the benchmark has closed up or down by at least 5% on 20 occasions this...
**More than half of Gen Z adults now spend nothing on dating each month, with financial strain reshaping romance for a generation.** A Bank of America survey found 51% of Americans...
**A rare 'Super El Niño' heading into 2027 poses a significant threat to global equities trading near record highs, reigniting inflationary pressures and complicating central bank ...
**The US and Iran have agreed to a temporary halt in hostilities ahead of renewed peace talks over the Strait of Hormuz, marking another fragile ceasefire in a region long defined ...
**Global trade is bracing for a new wave of policy uncertainty as disputes escalate between the EU and China, the EU and the US, and among USMCA partners.** The EU is set to impose...
**AI companies are not merely competing for market share; they are engaged in a high-stakes struggle for political power, positioning themselves as peers to world leaders at forums...
**The European Central Bank’s annual Sintra forum opens under a cloud of economic stagnation, with policymakers grappling with weak productivity, AI risks, and the specter of a mar...
**Andy Burnham has launched his bid to replace Keir Starmer as UK prime minister with a radical pledge to devolve fiscal powers away from Westminster, declaring the country is "stu...
**A weekend of clashes and missile strikes in the Strait of Hormuz has strained a fragile US-Iran ceasefire, casting doubt on President Trump’s promise of falling gas prices.** The...
**The US-Iran truce has sharply improved UK growth forecasts, with Bloomberg Economics now projecting 1.2% expansion in 2026, up from 0.8%.** The deal, which ended Iran’s closure o...
**Abu Dhabi is upending its decades-old investment model by raising nearly $50 billion for MGX, a dedicated AI investment vehicle.** The firm, chaired by Sheikh Tahnoon bin Zayed A...
**The yen has plunged to its weakest level against the dollar since 1986, breaching 161.96 and rattling Japan.** The slide surpasses a key level that previously triggered governmen...
**US companies are poised for another strong earnings season, fueled by the AI investment boom and surging energy profits, according to Goldman Sachs strategists.** Analysts expect...
**Investors in junior bank capital are increasingly ignoring the differences between strong and weak lenders, driving pricing to dangerously compressed levels.** The gap in costs b...
**Dubai stocks are set for their best quarter in a year, surging 11% in April-June as a US-Iran truce eases the war premium that had battered the market.** The Dubai Financial Mark...