Goldman, JPM Block China, Hong Kong Investors From SpaceX IPO

ADP Employment Report Shows 12th Straight Month Of Job Gains With jobless claims still hovering near multi-decade lows and Job Openings soaring, and despite near record low consumer sentiment (particularly about the labor market), ADP was expected to report another strong employment report this morning with the US economy adding 120k jobs. The actual print was a disappointing +98k, but still represented the 12th straight month of employment gains... Source: Bloomberg Once again Small Business led the charge with hiring, but the gains were seen across all firm sizes... Interestingly, only the Natural Resources...

Mamdani Touts First City-Owned Grocery Store Authored by Chris Wade via The Center Square, New York City Mayor Zohran Mamdani on Monday announced the site of the latest city-owned grocery store as the democratic socialist looks to make good on a key campaign pledge. The 20,000-square-foot store, located in the Bronx’s Hunts Point neighborhood, is part of a $70 million plan that includes opening stores in the city’s five boroughs. The plan calls for hiring a private operator to run the store under the city’s pricing rules. The South Bronx store will be part of a new...

Chinese Firm Claims It Tracked US Jets Over Iran During Operation Epic Fury Authored by Ameya Paleja via Interesting Engineering, MizarVision, a private Chinese company specializing in geospatial intelligence, claims to have tracked US aerial refueling missions of its KC-135 and KC-46 tanker aircraft during Operation Epic Fury. A report published earlier this month analyzed these activities and provided links to strike patterns witnessed in Iran.  The recent strikes conducted by the US over the past month surprised many around the world, but data from transporters refueling flights provided valuable information about...