SpaceX’s planned $75 billion IPO would overshadow all IPOs in history, dwarfing Saudi Aramco, Alibaba, Meta and even the most valued company, Nvidia.
Data & financial journalist covering global economics and policy
SpaceX’s planned $75 billion IPO would overshadow all IPOs in history, dwarfing Saudi Aramco, Alibaba, Meta and even the most valued company, Nvidia.
Kevin Warsh’s preferred inflation measures run well below the core PCE. A shift to a new and alternative inflation measure means strengthening the case for earlier interest rate cuts.
The curious case of the 2% inflation target and why most central banks won’t let it go.
The cost of borrowing is already choking crucial public spending across many developing economies. But now it is triggering wider concerns.