Trump signs order allowing alternative assets like cryptocurrencies, private equity in 401(k)s
The executive order directs the U.S. Secretary of Labor to review fiduciary guidance on private market investments in 401(k) and…
Economy
The UK government won’t admit it, but tax rises are coming — and there are no good options
Prime Minister Keir Starmer on Wednesday refused to rule out hikes to VAT, income tax and corporation tax. ...
Why insurers worry the world could soon become uninsurable
Günther Thallinger, a board member at Allianz, one of the world's biggest insurers, says the climate crisis could make adaptation…
Investing in Space: Space IPOs are rearing their heads again
A recent string of IPOs signals the space sector is once more warming to traditional public listings. ...
How Tim Cook convinced Trump to drop made-in-USA iPhone — for now
Apple CEO Tim Cook went to the White House to announce plans to spend about $600 billion over four years…
Firefly Aerospace prices shares at $45, above the expected range
Firefly will be the next space technology company to go public, following Voyager Technology and Karman Holdings this year. ...
DoorDash shares rise on earnings, revenue beat
DoorDash reported better-than-expected results and said total orders increased 20%. ...
E.l.f. Beauty’s profits fall 30% as China tariffs weigh on bottom line
E.l.f. Beauty sources about 75% of its products from China and the cost of new tariffs is weighing on its…
Airbnb beats on top and bottom lines for second quarter
Airbnb's revenue increased 13% from a year earlier, topping estimates. ...