Markets
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Key inflation gauge jumps to 3-year high in latest sign of affordability challenges
Jun 25, 2026 8:23 am - The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose political problems for President Donald Trump and his political party as midterm elections near.
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Coffee traders await Brazilian beans as farmers hold back
Jun 24, 2026 11:30 am - Coffee traders are betting Brazil’s record harvest will ease a global supply crunch, but farmers in the world’s top grower are in no hurry to sell beans, squeezing supplies in consuming countries.
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AI stock slump raises the question if investors are just taking profits or getting very nervous
Jun 23, 2026 3:44 pm - Tech companies are spending big on AI, but investors are getting nervous. Alphabet, Amazon, Meta, and Microsoft plan to spend up to $720 billion this year on AI data centers. This week, investors appear to be questioning if AI can deliver the profits needed to justify such spending.
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Stocks leap worldwide, and oil prices drop after the US and Iran reach a tentative deal on their war
Jun 15, 2026 3:32 pm - Stock markets rallied worldwide Monday, and oil prices eased after the United States and Iran reached a tentative deal to extend their ceasefire and reopen the Strait of Hormuz to get the global flow of crude going again.
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SpaceX opens 11% higher at $150 a share and makes Musk the first trillionaire
Jun 12, 2026 8:14 am - Elon Musk may never colonize Mars as promised, but enough investors consider the SpaceX founder to be a sort of miracle man that they'll help him reach another fantastic goal Friday when he takes the rocket company public.
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Elon Musk’s SpaceX is about to make its debut on Wall Street
Jun 11, 2026 7:23 am - Elon Musk's rocket company SpaceX will make its debut on Wall Street Friday and both institutional and retail investors are expected to gobble up the 555.6 million shares going up for sale at $135 apiece. Musk, already the world's richest man, could become its first trillionaire.
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SpaceX wants regular investors to help its stock launch. Here’s what to know before clicking ‘buy’
Jun 10, 2026 10:37 am - Elon Musk’s rocket company, formally known as Space Exploration Technologies Corp., is steering some of its initial public offering of stock directly to what are called “retail” investors. These are people who buy stocks in a brokerage account on their phone, not pension funds or other big “institutional” investors routing orders to their professional trading desks.
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More swings for AI stocks drag Wall Street back on the roller coaster
Jun 09, 2026 3:57 pm - NEW YORK — Another sudden reversal for high-flying artificial-intelligence stocks sent Wall Street reeling on Tuesday. The S&P 500 fell 0.3% after careening between an i...
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Apple unveils new AI features with privacy focus at last developers conference with CEO Tim Cook
Jun 08, 2026 10:07 am - Apple unveiled new artificial intelligence features with a focus on privacy and day-to-day at its annual developers conference Monday the last one featuring CEO Tim Cook before he turns his post over to John Ternus in September.
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The Dow leaps to a record as oil prices ease and US stocks outside of AI rally
Jun 04, 2026 3:33 pm - Wall Street rallied Thursday after falling oil prices and yields in the bond market eased the pressure on U.S. stocks. Banks, small companies and other stocks that had earlier been left behind by the euphoria around artificial-intelligence technology led the way.