Articles

Economy

Fed Chair Warsh's First FOMC Meeting: Rate Hikes Back on the Table as Inflation Accelerates

Kevin Warsh chairs his first FOMC meeting June 16-17 with inflation at a three-year high. CME FedWatch now prices in potential rate hikes, marking a dramatic sh…

June 13, 2026

Stocks

Space Stock Shakeout: RKLB Falls 8%, SPCE Craters 24% as SpaceX IPO Triggers Rotation

SpaceX's Nasdaq debut triggered a sharp selloff across space stocks. Virgin Galactic plunged 24%, Rocket Lab dropped 8%, and AST SpaceMobile fell 10% as capital…

June 13, 2026

News

SpaceX Shatters IPO Records: SPCX Surges 19% in Largest Public Offering in History

SpaceX raised $75 billion in the largest IPO ever, closing at $160.95 on Nasdaq. The listing valued the company above $2 trillion and made Musk the first trilli…

June 13, 2026