SpaceX instantly became one of the world's most valuable public companies after its IPO. An expensive valuation makes SpaceX more susceptible to a pullback, such as Monday's 16% drop.

Social Security beneficiaries may see a higher cost-of-living adjustment in 2027 due to rising inflation. Social Security's COLA is calculated using a subset of the consumer price index known as the ...

Consumer prices rose at a faster rate for a third-straight month in May, to 4.2 percent annually, as the energy shock put more pressure on the U.S. economy. Note: Data is seasonally adjusted year-over ...

Soaring gasoline prices, triggered by the U.S. war with Iran, have pushed inflation to its highest level in more than three years. A report from the Labor Department on Wednesday showed consumer ...

The consumer price index rose at a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 4.2%, both in line with expectations. The core CPI accelerated 0.2% for the month and ...

RALEIGH, N.C. (WNCN) — The fiscal year 2027 budget is signed, sealed and approved in the City of Raleigh, which is set to bring a 1.7 cent property tax increase to residents. The Raleigh City Council ...

Based on the newly released inflation data for May, the Social Security cost-of-living adjustment (COLA) for 2027 could be a full percentage point higher than it was for this year. According to ...

Why Is Morningstar So Bearish on SpaceX’s IPO? We value SpaceX SPCX at $63 per share, a 53% discount to the upcoming IPO’s offering price. Our valuation is the result of mathematics more than ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. The official numbers are out for SpaceX's IPO: Elon Musk's rocket and satellite company is aiming to ...