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News
Musk's Boring Company Raises $3 Billion, Reaching $23 Billion Valuation
2+ day, 19+ hour ago (349+ words) The Boring Company, Elon Musk’s tunneling venture, has raised $3 billion in a private funding round that lifts its valuation to $23 billion, according to disclosures reported on September 10. The round drew backing from the United Arab Emirates, marking a deeper push…...
Oil Surges Toward $100 After Fresh US-Iran Strikes Rattle Markets
1+ week, 9+ hour ago (353+ words) Crude prices jumped sharply on Sunday after renewed US-Israeli strikes on Iran drove traders back into energy markets, pushing benchmarks toward the $100 threshold last breached earlier in the conflict. The move extended a rally that has reshaped winners and losers…...
Treasury Yields Hold Flat After Sticky PCE Data Ahead of Jackson Hole
2+ week, 4+ day ago (355+ words) The 10-year Treasury yield held broadly flat on Wednesday after the Federal Reserve’s preferred inflation gauge came in largely as forecast, leaving the benchmark little changed from the prior session. The reading did nothing to shift market pricing for a…...