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SpaceX’s $80 billion IPO has a catch: 78% of the money is already spoken for

28 May 2026 No Comments

A big contributor to the soaring spirits surrounding the pending SpaceX IPO is near-certainty that the offering will raise $80 billion or more in fresh capital. But the S-1 the…

This billionaire is capping his kids’ inheritance at 8 figures—like Bill Gates, he thinks generational wealth is bad for society

27 May 2026 No Comments

Dylan Taylor made his first million at 27. Last year, he became a billionaire at 53, after taking his space-holding company, Voyager Technologies, public on the New York Stock Exchange.…

Trump spent 3 hours at Walter Reed. he claims ‘everything checked out PERFECTLY’

26 May 2026 No Comments

President Donald Trump had another medical exam on Tuesday, putting his health under renewed public scrutiny as he has worked to dismiss concerns over his age and stamina. The 79-year-old…

Ex-Google engineer turned $7.2 billion AI CEO gets thousands of job applications a day but still can’t find candidates with a strong work ethic

26 May 2026 No Comments

Millions of Gen Z graduates are convinced they’ve drawn the short straw of the labor market: ghosting is rife in recruiting, entry-level roles feel scarce, and predictions of an AI…

Markets rejoice as deal to reopen Hormuz nears, but U.S. forces conduct ‘self-defense strikes’ on Iranian missile sites and boats laying mines

26 May 2026 No Comments

Stock futures jumped while oil prices and bond yields tumbled Monday evening on reports that a deal to reopen the Strait of Hormuz was coming together, even as the U.S.…

As the U.S. and Europe pull back from global climate aid, can Asian funders fill the gap?

26 May 2026 No Comments

Shaun Seow, who heads the Philanthropy Asia Alliance (PAA), has a theory on why the new generation of Asian philanthropists is more interested in fighting climate change. “A lot of…

Rosewood Hotel Group institutes a global 16-week paid parental leave policy as Asia grapples with falling birth rates

26 May 2026 No Comments

Hong Kong’s fertility rate has sunk to roughly 0.8 children per woman, far below the replacement rate of 2.1 needed to maintain a stable population. Registered births in the city…

The pig in the python: Baby boomers are strangling the economy they built by refusing to move or retire

25 May 2026 No Comments

In 1974, New York Times humorist Russell Baker identified a “pig in the python” working its way through the economy: the bulge of 76 million baby boomers squeezing through America’s…

Oil drops as U.S. says deal with Iran and Hormuz reopening is near

25 May 2026 No Comments

Oil dropped as the US and Iran edged toward a deal, although President Donald Trump said that Washington’s blockade of the Strait of Hormuz would remain until an agreement was…

Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as alternate GDP gauge shows huge contraction

25 May 2026 No Comments

The Swedish government has come up with some drastically different economic figures on Russia that make the Kremlin’s official data seem like a Potemkin village. In a New York Times…

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