SpaceX president plans stock gift to Trump Accounts
Gwynne Shotwell said shares held by her family will be donated to about 2 million investment accounts for U.S. children.
By Sarah Jenkins 1 month agoChief Macro Economics Correspondent
Sarah Jenkins
Sarah covers central banks, sovereign debt, and the data behind the cycle. She spent eight years at a rates desk before moving to journalism.
Latest from Sarah Jenkins
Versant to buy Full Swing in $530mn cash deal
The acquisition adds golf and baseball simulator technology to Versant’s portfolio of golf media and digital platform assets.
By Sarah Jenkins 1 month ago
Iran warns Hormuz vessels against routes not cleared by Tehran
The IRGC Navy said ships must use Iranian-designated corridors, keeping pressure on a key energy chokepoint despite a provisional...
By Sarah Jenkins 1 month ago
Nvidia Kyber AI rack pushed to 2028, SemiAnalysis says
SemiAnalysis cited circuit-board manufacturing problems in Nvidia’s Kyber NVL144 rack system, a reported delay that could affect t...
By Sarah Jenkins 1 month agoUS productivity growth eased to 1.2% in fourth quarter
U.S. productivity rose at a 1.2% annual rate in the fourth quarter, while unit labor costs advanced 3%, the Labor Department said.
By Sarah Jenkins 1 month ago
Anthropic takes 20-year lease at TeraWulf’s Kentucky data center
CNBC reported the AI company’s lease covers about 400 megawatts of capacity and is expected to generate roughly $19 billion in ini...
By Sarah Jenkins 1 month ago
Venezuela earthquake death toll reaches 2,595 as losses rise
UNDP estimated $6.7 billion in direct damage after twin quakes, while rescue teams searched Caracas and La Guaira and the U.S. exp...
By Sarah Jenkins 1 month ago
Iranian oil tankers leave Hormuz blockade as shipping firms await deal
Kpler data show three Iran-linked tankers carrying nearly 5mn barrels of crude have crossed the U.S. blockade perimeter before a p...
By Sarah Jenkins 1 month ago
US private hiring slowed to 98,000 jobs in June, ADP says
ADP said private employers added fewer jobs than economists expected in June, with health and education services accounting for ne...
By Sarah Jenkins 1 month agoAcemoglu, Johnson and Robinson win Nobel economics prize
The prize committee cited their work on how institutional differences help explain wide gaps in prosperity between countries.
By Sarah Jenkins 1 month ago
EU trade push meets heat-driven demand for Chinese cooling units
Brussels wants progress on its China trade deficit by October as a European heat wave lifts demand for air conditioners largely su...
By Sarah Jenkins 1 month agoU.S. readies Venezuela aid after deadly twin earthquakes
Trump ordered agencies to prepare assistance as Venezuela reported 164 deaths and the USGS warned of severe human and economic los...
By Sarah Jenkins 1 month ago