After more than 900 million shares became eligible for sale, SpaceX’s stock rose about 16%, suggesting investors mis‑gauged the impact of the first lock‑up release.
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David Wright and Melanie Alder turned a living‑room fridge‑magnet resale into Pattern, a $4 billion market‑cap e‑commerce firm that made them billionaires.
The FCC has lifted the 39% cap on local broadcast network ownership, sparking concerns about media consolidation and government control.
The U.S. Postal Service reports a $2.5 billion quarterly loss and urges Congress to take action to address its financial crisis.
The US government has paid nearly $4 billion to energy companies to cancel planned power projects, despite declaring an energy emergency.
Airbnb CEO Brian Chesky says AI has trimmed product development cycles by up to 60% and helped the company ship 80% more features while cutting support costs.
The McHenry County Department of Health is investigating 61 cyclosporiasis cases reported since June 25, a rise of more than five times the same period last year.
A surprise drop of 23,000 jobs and revised hiring figures pushed the market’s view of a September rate hike to a 56% chance of a hold, while economists remain divided on future moves.
China's exports slowed slightly in July, but remained higher than forecast due to demand for high-tech products.
Russ Savage, founder of Rockstar Energy, has acquired a significant stake in Celsius Holdings and is seeking to replace its CEO after a recent earnings miss.