
The bipartisan bill is the first major housing legislation passed by Congress in decades.
Factory growth has been supported by front-loading amid war-driven price pressures.
Shares of Elon Musk’s rocket-to-AI company have erased all of their post-initial public offering gains.
‘Bipartisan, bicameral legislating is never easy—but progress matters,’ said Rep. French Hill (R-Ark.)
SpaceX said in a regulatory filing last week that it will purchase AI coding agent startup Cursor for $60 billion.
Greenspan, who coined the phrase ‘irrational exuberance,’ had a storied legacy at the Fed.
An inflation-fighting Federal Reserve could be good news for the US dollar.
Apple also plans to raise product prices in response to increasing memory and storage chip costs.
‘Despite a strong payroll report in May, this is still a low-hire, low-fire market,’ Indeed Hiring Lab economists said.
Kevin Warsh ‘is going to force market participants to reprice both rates and how they read the Fed entirely,’ one market strategist said.