Even by SpaceX standards, Friday is shaping up as an eventful trading session as investment funds tracking Russell indexes prepare to add billions of dollars’ worth of Elon Musk’s internet and rocket company to their holdings.
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The dollar heads into the second half of 2026 on a high, thanks to bets for higher U.S. interest rates and an unquenchable thirst for U.S. assets from investors chasing the “American exceptionalism” that may spell more pain for other currencies.
Billionaire investor Leon Black told a U.S. congressional panel on Friday that he had no involvement or knowledge of the late convicted sex offender Jeffrey Epstein’s “heinous conduct.”
Apple announces price hikes, blaming surging memory chip costs.
The S&P 500 and the Nasdaq were on pace for steep weekly losses as chipmakers came under renewed selling pressure on Friday after a stellar run this quarter, with investors questioning high valuations and the repercussions of massive AI spending by companies.
The 7-1 vote by the city’s Rent Guidelines Board fulfils a central campaign promise of Zohran Mamdani only months into his term.
The struggling Midwestern city was thrust into the middle of a national conversation.
Israel’s former military chief Gadi Eisenkot, who lost a son in Gaza and boasts of his “Dahiyeh doctrine” of smashing foes with disproportionate force, is surging in polls and could oust Benjamin Netanyahu as prime minister in a coming election.
Venezuela’s strongest earthquake in over a century is the biggest challenge to Delcy Rodriguez’s leadership but could also allow the interim president to stamp her authority on a fractured government.
Seething over Ukrainian drone strikes and angered by what they see as a failed U.S. promise to broker an end to the war on favourable terms, Russian hardliners are urging President Vladimir Putin to abandon diplomacy and escalate.