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SpaceX set to vault past Amazon in market value as shares extend IPO surge

Shares of Elon Musk’s ​SpaceX extended a post-IPO rally and rose more than 8% in premarket trading on Tuesday, putting ‌the company on course to overtake Amazon.com in market value to become the world’s fifth‑largest company.

June 16, 2026
News

Yen for more

The Bank of Japan delivers a widely expected 25-basis-point rate hike, but the yen fails to rally.

June 16, 2026
News

Republicans to pick Senate challenger to Jon Ossoff in Georgia runoff

Republican voters in Georgia ​will choose their U.S. Senate nominee in a runoff election on Tuesday, tapping either a congressman dubbed “MAGA Mike” ‌by President Donald Trump or a political outsider backed by Governor Brian Kemp.

June 16, 2026
News

EU lawmakers clear US trade deal to avert return to trade conflict

The European Parliament approved on Tuesday cutting duties on many ​U.S. goods imports to fulfill the European Union’s side of a trade ‌deal struck last year, and avert a new round of tariff conflict between the world’s largest trading partners.

June 16, 2026
News

SpaceX to buy AI coding startup Cursor for $60 billion in enterprise push

Elon Musk’s SpaceX said on Tuesday it would acquire Anysphere, the software firm behind the popular AI coding agent Cursor, for $60 billion, in ​a bid to ramp up its presence in the enterprise AI ‌market.

June 16, 2026
News

Georgia Republicans take on Ossoff; Oklahoma votes on minimum wage: Tuesday’s US primaries

Georgia Republicans go to the polls Tuesday to select their candidate for U.S. Senate to take on incumbent Jon Ossoff, a rising Democratic star and potential presidential candidate in 2028.

June 16, 2026
News

As US nears 250th birthday, Reuters/Ipsos poll shows many Americans doubt it will last another 250 years

As the U.S. approaches its 250th birthday next ​month, two out of five Americans do not believe it will endure another 250 years beyond that, according to a Reuters/Ipsos poll ‌that highlighted deep divisions over how the nation views itself.

June 16, 2026
News

Fast-tracked power plants fuel AI boom, with little public scrutiny

From the front window of her house, Breanne Kidd once watched the sun rise over farmland as she sipped coffee before toddlers arrived at her home daycare.

June 16, 2026
News

Exclusive: The US is using an Iranian smuggling tactic to sneak oil out of the Gulf

The United States military has overseen scores of secretive ship-to-ship oil transfers to keep Gulf energy exports flowing, using aerial and water drones as well as helicopters in an operation to guide convoys to awaiting tankers.

June 16, 2026
News

A decade on from Brexit vote, divided brothers are both disappointed

Two businessmen brothers who held opposite positions on Brexit ​at the time of the vote are both feeling disappointed 10 years on. For one new freedoms have ‌been squandered, while the other bemoans the complications to trade.

June 16, 2026

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  • SpaceX set to vault past Amazon in market value as shares extend IPO surge
  • Yen for more
  • Republicans to pick Senate challenger to Jon Ossoff in Georgia runoff
  • EU lawmakers clear US trade deal to avert return to trade conflict
  • SpaceX to buy AI coding startup Cursor for $60 billion in enterprise push

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