Author: Charlotte

SpaceX will begin trading shares publicly this Friday.It’s expected to be the largest IPO to date, and the stock is likely to enter many people’s retirement accounts — whether they like it or not. One way that could happen is through index funds, which bundle a whole bunch of company stocks into a single investment.Zachary Evens, manager research analyst at Morningstar, said the best-known index is the S&P 500.“That index is a collection of the 500 largest profitable companies in the United States,” he said.But there’s also the Russell 1000, the NASDAQ 100, and others. “They’ve grown to be a…

A new opportunity has been announced for aspiring economists seeking advanced research experience before pursuing doctoral studies. Applications are now open for a Research Associate – Applied Economics position, offering candidates the chance to work closely with leading academic researchers while strengthening their research portfolio and preparing for competitive PhD programs in Economics. The part-time position is scheduled to begin in September 2025 and will support ongoing research led by Professor Arianna Ornaghi in the fields of media economics and political economy. The role forms part of the research project “Policy Preferences and Identities”, funded by the German Research Foundation…

Gold extended its decline today after breaking below its 200-day moving average yesterday, a key technical development. The 200-day moving average currently sits at $4,415.51, and the break marked the first sustained move below that benchmark since November 2023. The last meaningful test came in March of this year, when buyers successfully defended the level and pushed prices back higher.Looking at the daily chart, the next major downside targets are coming into focus. The price is approaching the March 2026 low at $4,098.74. Just beneath that level sits the 38.2% retracement of the rally from the September 2022 low at…

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A quick pulse check. Bitcoin (BTC) has been trading sideways for the last 24 hours, since falling near $61,000 yesterday. [@portabletext/react] Unknown block type “image”, specify a component for it in the `components.types` propMore interesting action is in the altcoin space right now. While most of the large names, such as ZCASH and HYPE, are the biggest losers in the last 24 hours, one name that stands out among the outperformers is Morpho. The token MOPRHO is up about 14%, outpacing most altcoins, according to CoinDesk data. Yesterday, the blockchain-based lending protocol said it raised $175 million in a funding…

September soybean meal (ZMU26) futures present a “swing-trade” buying opportunity.See on the daily bar chart for September soybean meal futures that prices have sold off recently and are now near the bottom of a well-defined trading range. It’s my bias that chart support at the $300.00 area will stop and reverse the price decline. History shows that meal prices around the $300.00 area are a value-buying opportunity.Fundamentally, global food prices are on the rise amid rising world inflation. Also, soy complex futures spread traders had been selling meal and buying soybean oil (ZLN26). However, those spread trades will have to…

Abdul Samad Rabiu, chairman of BUA Group and Africa’s second-richest man, has taken delivery of a Bombardier Global 8000 private jet valued at approximately $81 million, further expanding the corporate aviation fleet of one of Africa’s largest industrial conglomerates. Rabiu confirmed the arrival of the aircraft on Tuesday through a post on his official Instagram account, writing: “Alhamdu Lillah. A new addition. Global 8000.” The delivery follows a purchase agreement reportedly signed on December 4, 2025, at BUA Group’s Dubai office after weeks of negotiations with executives from Canadian aircraft manufacturer Bombardier. The acquisition places Rabiu among the early African…

Summary: Nigerian industries and markets work fairly well where the government is the regulator, and the private sector is the operator. But it is a rule of thumb that when the government serves as a regulator and operator in any industry, including the petroleum industry, it renders both functions ineffectual.Like most countries of the world now do, Nigeria operates a mixed economic system. A mixed economic system combines the attributes of the command economic system and market economic system. In a command economic system, a central authority, which is usually the government, controls much of the economic structure. But in…

LIVONIA, Mich., June 09, 2026 (GLOBE NEWSWIRE) — Influenced by significant market volatility, the alternative investments landscape has reached a critical point. Even as alternative investments become more mainstream and easier to access, retail investors are taking a more cautious approach and increasingly seeking financial advisors to guide them through the process.This is according to the latest Cogent Syndicated Trends in Alternative Investments™ report from Escalent. The annual report measures the rate of adoption and share of assets dedicated to alternative investments among financial advisors and affluent investors, as well as which asset classes within the category are currently favored…

U.S. inflation data came in as expected on Wednesday, reinforcing the view that the Federal Reserve will keep interest rates at 350-375 bps at its June 17 meeting but is likely to increase rates by 25 bps by the end of the year. The Consumer Price Index year over year rose 4.2% in May, according to a report from the Bureau of Labor Statistics. Economists had been expecting a rise of 4.2% following the April 3.8% increase.On a month-over-month basis, CPI rose 0.5%, against expectations of 0.5% and against April’s 0.6% rise. Core CPI, which excludes food and energy costs,…