At least 20 oil tankers have crossed the Strait of Hormuz since the U.S. and Iran began to reopen the sea lane to commercial ship traffic, according to the trade intelligence firm Kpler. Tanker transits on Thursday hit the highest level since June 2, the firm said. However, traffic is still below prewar levels when…
SpaceX shares dropped 3.57% on Thursday, as the stock’s recent rally cooled following a record-breaking IPO last week. Elon Musk’s space and artificial intelligence firm became one of the world’s most valuable companies after listing, and on Tuesday, its market cap surpassed Amazon and — briefly — Microsoft. With Thursday’s loss, SpaceX closed at a…
What would you think of me, the ProPublica editor responsible for newsroom standards, if I placed a bet on the baseball game I’m currently listening to on the radio? Probably that I’m doing something plenty of others do, and that my wallet will be lighter in a few innings. What would you think of me…
A JetBlue Airlines plane lands near the Air Traffic Control tower at the Fort Lauderdale-Hollywood International Airport on Oct. 7, 2025 in Fort Lauderdale, Florida. Joe Raedle | Getty Images JetBlue Airways is already the biggest airline in Fort Lauderdale, Florida, and it wants to get even bigger. “Lauderdale has been a star for us,”…
Wall Street exhaled on Friday after SpaceX nailed its record-breaking debut. The success wiped away a week of anxiety over whether the market had the appetite to digest the biggest initial public offering in history. SpaceX closed up 19% at nearly $161 per share for a market value of more than $2.1 trillion, making it…
SpaceX employees go to work at the SpaceX facility in Hawthorne on the day of their company’s IPO, in Hawthorne, California, June 12, 2026. Mike Blake | Reuters Elon Musk’s SpaceX will need to achieve at least two of its three “moonshots” to justify its huge valuation, a former Tesla board member told CNBC Friday. …
SpaceX CEO Gwynne Shotwell and SpaceX executives ring the Opening Bell at the Nasdaq on June 12th, 2026. Adam Jeffery | CNBC SpaceX shares soared on Friday, propelling the rocket company’s valuation above $2 trillion, as trading commenced on the Nasdaq after a record-setting initial public offering. The Elon Musk-led space company’s stock jumped more…
Protesters gather with banners and placards outside the offices of Google Deepmind at a protest organized by PauseAI UK and other groups concerned in controlling the development of advanced Artificial Intelligence systems, in London on February 28, 2026. (Photo by JUSTIN TALLIS / AFP via Getty Images) Justin Tallis | Afp | Getty Images With…
Motorists drive past an ADNOC Gas a subsidiary of the Abu Dhabi National Oil Company facility in Abu Dhabi on March 3, 2026. Ryan Lim | AFP | Getty Images Oil prices were choppy on Wednesday after the U.S. launched military strikes against Iran, raising concerns that renewed hostilities could threaten shipping through the Strait…
Sunday marks 100 days since the war in the Middle East began, and the conflict continues to drive substantial volatility across all asset classes in every region of the world as a lasting peace deal remains elusive. Negotiations between the U.S. and Iran have stagnated, with Washington and Tehran sending mixed messages on the state…
