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ECONOMY

Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout

Musk’s wealth, which peaked at about $1.33 trillion on June 16, now stands at $684 billion.

🔗 1 source · 01/08 ♥ 0 ✕ 0
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ECONOMY

Exxon, Chevron warn fuel prices to endure as war knocks refining

Retail gasoline prices are just 10% below this year’s peak in May, even though West Texas Intermediate is down 26%.

🔗 1 source · 01/08 ♥ 0 ✕ 0
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ECONOMY

Bessent joins Japan to help reverse months of yen losses

The degree of coordination between the two countries now appears to be the tightest in decades, which has raised the stakes for traders bett

🔗 1 source · 01/08 ♥ 0 ✕ 0
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ECONOMY

A dead SpaceX rocket that’s been adrift for over a year is about to slam into the moon, carving out a new crater with the equivalent of 3 tons of TNT

The stream of ejected material could stretch for several miles into space and remain visible to telescopes for tens of minutes.

🔗 1 source · 01/08 ♥ 0 ✕ 0
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ECONOMY

After Trump threatens more strikes on Iran, Kuwait and Hormuz shipping face new attacks, while Israel hits Gaza despite Hamas pledge to disarm

Trump said “we just want to win” in Iran and signaled that he expected U.S. military action to continue for some time.

🔗 1 source · 01/08 ♥ 0 ✕ 0
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ECONOMY

A loneliness epidemic is creating a new type of third space: the one built around curiosity

As loneliness and screen fatigue grow, a new kind of gathering space is booming—one built on curiosity instead of caffeine.

🔗 1 source · 01/08 ♥ 0 ✕ 0
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ECONOMY

You need $2 million to retire and ‘almost no one is close,’ BlackRock CEO warns, a problem that Gen X will make ‘harder and nastier’

Many Americans have less than $150,000 saved for retirement.

🔗 1 source · 01/08 ♥ 0 ✕ 0
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ECONOMY

Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers

The AI boom is threatening white-collar, entry-level jobs—but the Nvidia CEO says it's creating a six-figure opportunity for electricians an

🔗 1 source · 01/08 ♥ 0 ✕ 0
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ECONOMY

Inside Miami’s ‘Billionaire Bunker,’ a man-made island for the .01% where billionaires like Jeff Bezos and Mark Zuckerberg shell out for total privacy

A single bridge, 24/7 police, and $150M estates make Indian Creek in Miami America’s most exclusive enclave.

🔗 1 source · 01/08 ♥ 0 ✕ 0
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ECONOMY

France’s largest peacetime evacuation ends — with new fires erupting elsewhere

Firefighters held a vast wildfire inside its perimeter in southwestern France on Saturday, allowing about 198,000 people to return home afte

🔗 1 source · 01/08 ♥ 0 ✕ 0
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ECONOMY

OpenAI's Hugging Face hack confirmed months of AI cyber warnings: 'Pandora's box is open'

The wake-up call to the cyber industry comes as industry experts descend on Black Hat, a major cybersecurity conference.

🔗 1 source · 01/08 ♥ 0 ✕ 0
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ECONOMY

They spent tens of thousands of dollars on home remodels — only to regret it

Some homeowners spend big bucks to upgrade their house, only to end up having second thoughts.

🔗 1 source · 01/08 ♥ 0 ✕ 0
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ECONOMY

Disappointed by your skimpy pay raise? Blame your healthcare benefits.

It’s been two decades since companies’ health-benefit costs have climbed this fast.

🔗 1 source · 01/08 ♥ 0 ✕ 0
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ECONOMY

Here’s what’s worth streaming in August 2026 on Netflix, Hulu, HBO Max and more

Turn off your brain and enjoy new seasons of Apple’s ‘Ted Lasso,’ Amazon’s ‘Reacher,’ Netflix’s ‘Outer Banks’ and much more

🔗 1 source · 01/08 ♥ 0 ✕ 0
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ECONOMY

How to plan for the high cost of having your first kid in your 40s

Older parenthood is on the rise — but it comes with a tough new set of financial rules.

🔗 1 source · 01/08 ♥ 0 ✕ 0
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ECONOMY

How much should an AI agent cost? No one can agree — and it’s creating chaos.

Enterprise software providers are navigating uncharted waters as they experiment with different monetization methods.

🔗 1 source · 01/08 ♥ 0 ✕ 0
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ECONOMY

As Americans go direct with GLP-1 prescriptions, Walmart, Costco, Amazon will be big weight-loss winners

As Americans are encouraged to go direct with weight-loss drug prescriptions, retail pharmacy chains are poised to win big.

🔗 1 source · 01/08 ♥ 0 ✕ 0
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ECONOMY

From a Fed decision to Big Tech earnings: What drove last week's volatile market

Wall Street got back to its winning ways last week.

🔗 1 source · 01/08 ♥ 0 ✕ 0