US News

This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Rollercoaster. That’s probably the most accurate word to describe SpaceX’s opening two weeks as a public company.  The stock surged for several successive days following a record-breaking IPO, briefly overtaking both Amazon and Microsoft in terms of market
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An Olive Garden restaurant in Milpitas, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday reported mixed quarterly results as same-store sales growth at the company’s fine-dining restaurants and Olive Garden fell short of expectations. The company’s forecast for its fiscal 2027 earnings and revenue
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SpaceX shares seesawed in premarket trading on Tuesday, following a $400 billion sell-off on Monday as a post-debut rally fizzled out. The space and AI company saw huge gains after a record-breaking IPO on June 12, briefly surpassing Amazon and Microsoft in market capitalization, before falling back below both as sentiment cooled. The stock tanked
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Alan Greenspan, the longtime Federal Reserve chairman known as “the Maestro” who became one of the most influential economic policymakers of his era and famously warned of “irrational exuberance,” has died. He was 100. The influential economist died Monday at his home from complications of Parkinson’s Disease, said his wife of 29 years, Andrea Mitchell,
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Still from Pixar’s “Toy Story 5.” Disney Disney’s Toy Story franchise still has some buzz. The fifth installment in the Pixar film series tallied $160 million during its opening weekend, the highest in franchise history. Internationally, “Toy Story 5” snared $152 million, bringing its estimated global haul for the three-day period to $312 million. “Toy
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Federal Reserve Chair Kevin Warsh speaks to reporters during his first news conference since taking the helm at the central bank on June 17, 2026 in Washington, DC. Chip Somodevilla | Getty Images Federal Reserve Chairman Kevin Warsh’s first big announced changes point toward a quiet revolution, with task forces set up to rethink virtually
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SpaceX‘s record-breaking IPO boosted founder and CEO’s Elon Musk‘s personal stake in the company to more than $1 trillion. But he isn’t the only one seeing huge gains from SpaceX’s blockbuster listing. The IPO also minted thousands of new millionaires — and saw stakes of some shareholders surpass the billion-dollar mark. SpaceX’s debut week on
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President Donald Trump and Iranian President Masoud Pezeshkian on Wednesday each signed a memorandum of understanding aimed at developing a permanent peace deal to end the war between their two nations, officials said. The signing came three days after Vice President JD Vance and Iranian Parliamentary Speaker Mohammad Bagher Ghalibaf digitally signed the same document, and
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