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SpaceX's IPO reportedly drew more than $250 billion in institutional demand.

2026-06-12

SpaceX's IPO reportedly drew more than $250 billion in institutional demand.

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2026-06-12

A U.S. federal appeals court on Thursday extended a stay of a lower-court injunction and ruled the government may collect Trump’s 10% global tariffs while legal challenges proceed, saying temporary enforcement is "amply justified." Affected importers

A U.S. federal appeals court on Thursday extended a stay of a lower-court injunction and ruled the government may collect Trump’s 10% global tariffs while legal challenges proceed, saying temporary enforcement is "amply justified." Affected importers include two small businesses and the state of Washington, which paid duties on purchases for the University of Washington. Trump imposed the duties in February under Section 122 of the Trade Act of 1974 after the Supreme Court struck down his earlier IEEPA-based tariffs. In May, a split panel of the U.S. Court of International Trade found the Section 122 tariffs invalid, prompting a new appeal that is likely to return to the Supreme Court.
2026-06-12

According to Iran's Mehr News Agency, the memorandum of understanding between Iran and the United States includes a commitment from the United States to lift sanctions, withdraw troops from the region surrounding Iran, and lift the maritime blockade.

According to Iran's Mehr News Agency, the memorandum of understanding between Iran and the United States includes a commitment from the United States to lift sanctions, withdraw troops from the region surrounding Iran, and lift the maritime blockade. It also includes the reopening of the Strait of Hormuz, the lifting of oil sanctions, and the release of frozen Iranian funds.
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