SpaceX launched a demonstration mission Tuesday to send a reusable capsule into space and then recover it, part of a new program that may allow the Elon Musk-led company to tap into the emerging market of in-space manufacturing.

The Trump administration is providing $17.5 billion to help finance equipment orders for large-nuclear reactors being built by Westinghouse Electric Co., according to people familiar with the matter.

All of this is a warning to other developed markets with debt levels on the verge of exceeding their gross domestic product. Following the Truss chaos of four years ago, the market has decided to approach the UK through a lens of always assuming the worst, a default that continues to cost British taxpayers in the form of higher interest rates.

On June 11, security researchers showed how to subvert OpenClaw, one of the most widely used AI agents. Instructions hidden in something as ordinary as a shared contact or a pinned location could make the agent run an attacker’s code and hand over its secrets.

Important investment decisions should always be based on investment principles, not predictions. Principles form the foundation of a sensible long-term financial plan and are timeless rules.

No one can guarantee which choices will be best for your financial future. Do your best to make them, not out of anxiety over the broader economy, but in the context of your own family’s needs and finances.

The advisory profession is entering a new era. AI will not replace advisors — but advisors who use AI will replace those who don’t. And the actuarial approach is uniquely well suited to this transition.

As geopolitical factors increasingly impact returns in a changing market, active portfolio management will become an increasingly necessary approach for advisors seeking to navigate uncertainty and deliver consistent results.

Gold is often misunderstood. It is not a growth asset, and it produces no cash flow. Its role is to maintain purchasing power — not outperform. It reflects the currency’s declining value.

For much of the past decade, secondary funds served as the default entry point into private equity for a number of wealth managers, registered investment advisors, and institutional allocators. These investment vehicles allowed investors to acquire exposure to a private equity fund by purchasing the interest of one of its existing primary investors.

You know the term “Money Illusion”: mistakenly believing that today’s dollars have the same purchasing power as the dollars of ten or twenty years ago. As with any illusion, fake replaces real, image supplants fact, and fog obscures truth. We’re here to help you sort it out.

For the first time in four years, companies in emerging markets are beating profit estimates, giving investors a fresh reason to believe the bull market is just getting started.

Alan Greenspan, the Federal Reserve chairman proclaimed a wizard for guiding a then-record US economic expansion, only to see his luster dimmed by the financial crisis that erupted less than two years after he stepped down, has died. He was 100.

The flow of oil through the Strait of Hormuz is running at the fastest pace since the Iran war began — despite Tehran stating that the world’s key shipping chokepoint is shut and a report that the Islamic Republic continues to harass passing vessels.

Water utilities are selling bonds at a record pace to upgrade aging pipes and meet tougher regulations as they prepare for a potential pullback in federal funding.

SpaceX is selling investment-grade bonds for the first time in what’s expected to be the start of a massive borrowing spree to fund the company’s AI ambitions following its record $75 billion IPO.

Data center developers are struggling to connect to the power grid and, not unrelatedly, connect with people. Perhaps half the data center projects due to start operating this year won’t arrive on time, according to Currence, an artificial intelligence analytics firm.

For long-time shareholders, the IPO is more than just a liquidity event. It represents the end of years of uncertainty and provides a rare opportunity to monetize investments that have generated extraordinary paper returns while remaining largely illiquid.

A growing stream of stranded oil is making its way out of the Strait of Hormuz while empty Iranian vessels rush in, as the US-Iran interim peace deal sparks one of the biggest days of activity since the conflict began.

Kevin Warsh’s remarks after the Federal Reserve’s first policy decision under his chairmanship will probably spark more volatility at the shorter end of the Treasury curve while calming price swings at the long end, according to Kay Haigh at Goldman Sachs Asset Management.

Intel Corp.’s stock surged Thursday after US President Donald Trump said the chipmaker will work alongside Apple Inc. to design and produce semiconductors domestically.

For Elon Musk, the public market debut of SpaceX could hardly have gone better. It priced at the dictated $135 per share and has since jumped by almost half, adding more than $870 billion in just three trading sessions to an already huge market capitalization.

Vanderbilt sold about $320 million of tax-exempt bonds through a Tennessee authority in 2024. Some of those securities that are due in 2035 traded Tuesday for a yield of about 3.06%, only slightly above the 2.83% benchmark for top-rated munis, according to data compiled by Bloomberg.

I was asked by an advisory firm to speak to their clients at their recent client event. I was able to share the “Five Secrets of Human Behavior,” and all attendees received my similarly named book. In today’s column, I’ll outline these secrets and share why they matter from a leadership perspective.

Compliance risks happen when AI-enabled workflows expand faster than their governance model. It becomes a blind spot when AI solutions are built faster than the organization’s ability to map them against the right regulatory, operational, and data-governance controls.

Apple Inc. investors are losing patience with the company’s talk about becoming a more formidable presence in artificial intelligence and want to start seeing some results.

SpaceX gained for a fourth straight day, cementing the company’s place among the world’s most valuable stocks after it surpassed Amazon.com Inc.

As new Federal Reserve Chairman Kevin Warsh leads his first policy meeting, falling oil prices are set to smooth the way for a rally in fixed income, according to MUFG’s chief of US macro strategy, George Goncalves.

Investors from Fidelity say new Federal Reserve Chairman Kevin Warsh stands to stoke bond-market volatility by offering his views on inflation.