SpaceX just launched the first private moon mission and it marks a new phase in space flight

SpaceX just launched the first private moon mission and it marks a new phase...

Following is a transcript of the video. Narrator: An Israeli company called Space IL just became the first private company to launch a mission to the moon, hitching a ride on SpaceX's Falcon 9 Rocket, which took off from Cape Canaveral, Florida. Israel is now the fourth country, after the U.S., Russia, and China, to…
There’s ample evidence the Fed’s worst fears about the economy are coming true — and they signal that rate cuts are coming

There’s ample evidence the Fed’s worst fears about the economy are coming true —...

After reading and re-reading the FOMC minutes from the most recent meeting at the end of January, my conclusion that the Fed is done raising rates for the cycle has been emboldened. Since I see many of the downside risks that monetary officials cited as morphing to reality, I continue to believe the next move…
‘Stocks look like dead money’: Here’s why any US-China trade deal might disappoint Wall Street

‘Stocks look like dead money’: Here’s why any US-China trade deal might disappoint Wall...

Investors aren't going to like the US-China trade deal, assuming they get one, and the stock market will suffer. That's the verdict of the director of global markets research for the index developer FTSE Russell. Alec Young says that in their excitement for an agreement that would end the trade fight, investors are wandering into…
Warren Buffett’s Berkshire Hathaway is taking a more than $3 billion hit as Kraft Heinz craters to a record low

Warren Buffett’s Berkshire Hathaway is taking a more than $3 billion hit as Kraft...

Kraft Heinz's biggest investor, the Warren Buffett-led Berkshire Hathaway, is seeing a substantial loss as shares were poised to open at a record low on Friday. Thhe food and beverage giant plummeted in pre-market trading on Friday, down about 25%, extending its losses from the evening prior, after reporting quarterly results. Kraft disclosed in its…
10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, KHC, SNAP, ROKU, ZG)

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA,...

Here is what you need to know.  Kraft Heinz takes a $15 billion charge, reveals it has been subpoenaed by the SEC. Kraft Heinz shares plunged 11% late Thursday after the food-products company announced a $15 billion charge related to its Kraft and Oscar Meyer trademarks and said it was subpoenaed by the Securities and…
Shares in a mysterious Hong Kong investment company have jumped 8500% in 5 years, and no one really knows why

Shares in a mysterious Hong Kong investment company have jumped 8500% in 5 years,...

Investors in Hong Kong are baffled by the wild success of the share price of a loss-making investment firm in the city state, which has seen its stock increase by close to 9000% in recent years, seemingly without a catalyst. Shares in China Ding Yi Feng Holdings Ltd, an investment holding company based in the…
Zillow’s CEO is out (ZG)

Zillow’s CEO is out (ZG)

Richard Drew/AP Images Zillow shares fell in after-hours trading Thursday after the company said CEO Spencer Rascoff was leaving his post. Rascoff will remain on the board of directors. The real-estate database company named Rich Barton, its cofounder and executive chairman, as its new CEO.  Zillow shares have plunged 31% in one year. Watch Zillow…
Samsung unveiled its Galaxy Fold — here are the best features of the $1,980 foldable phone

Samsung unveiled its Galaxy Fold — here are the best features of the $1,980...

At its Galaxy Unpacked 2019 event, Samsung showed off its first foldable phone, which will be available in the US on April 26. The $1,980 Galaxy Fold will have 512 GB of flash storage and will come in four colors: black, silver, green, and blue. The phone's exterior display is 4.6 inches when folded and…
A federal judge has imposed a full gag order on Roger Stone after he shared inflammatory posts about her on social media

A federal judge has imposed a full gag order on Roger Stone after he...

A federal judge barred the longtime GOP strategist Roger Stone from publicly discussing any aspect of his ongoing legal case following a court hearing on Thursday. The full gag order came after Stone uploaded a post to his Instagram on Monday that appeared to threaten the judge, US District Judge Amy Berman Jackson, by showing…
A lawsuit is giving us the first hints of how Amazon, Berkshire Hathaway, and JPMorgan are planning to upend the US healthcare system

A lawsuit is giving us the first hints of how Amazon, Berkshire Hathaway, and...

With one announcement, Amazon, Berkshire Hathaway, and JPMorgan got the $3.6 trillion US healthcare system worked up into a tizzy. In January 2018, the three companies said they would strike up a joint healthcare venture that's aimed at lowering healthcare costs for the companies' employees. At the time, news of the partnership sent healthcare stocks…

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