World Economic Fuck'em

Space Stocks Take-Off On Musk's SpaceX IPO Comments AST SpaceMobile, EchoStar, and Rocket Lab moved higher in premarket trading in New York after Elon Musk, speaking by video at the Samson International Smart Mobility Summit on Monday, said a SpaceX IPO is coming "pretty soon," adding to investor hype around the publicly traded space industry. "We've got to get the SpaceX IPO stuff going here pretty soon," Musk told the summit, which was taking place in Tel Aviv, via video call. Elon: "I would be there in person, but we...

The House of Representatives on Thursday voted to kill a resolution meant to halt President Trump’s war on Iran without congressional authorization, as US-Israeli airstrikes continue to pound the country. The War Powers Resolution failed in a vote of 212-219, with just two Republicans, Reps. Thomas Massie (KY) and Warren Davidson (OH), supporting the measure. […]

Iran's Financial Hub, The UAE, May Freeze Billions In Assets Over Retaliatory Strikes The United Arab Emirates is pissed after Iran targeted Dubai and other US allies with over 1,000 drones and missiles in retaliation for US-Israeli attacks over the last week - and is now weighing freezing billions of dollars in Iranian assets held in the Gulf state, according to the WSJ, citing people familiar with the discussions. If that happens, it could sever one of Tehran's most vital economic lifelines.  A black plume of smoke rises from a warehouse at the industrial area of Sharjah...