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16/04/2026
Mark Mobius, a pioneer in emerging market investment, passed away at the age of 89.
Latest
4 m ago
The early investment in SpaceX is expected to bring huge profits to Alphabet. By the end of 2025, Google LLC holds 6.11% of Elon Musk's company. After SpaceX merged with xAI in February of this year, Google's stake is likely to be diluted to about 5%. If SpaceX goes public with a valuation of $2 trillion, this stake will be worth $100 billion. This listing will make Musk the world's first trillionaire and significantly increase the personal wealth of his long-term core executives, including company president Gwynne Shotwell; while the earliest investors are also expected to receive huge returns on their investment.
6 m ago
The Fed Beige Book shows that economic activity is maintaining growth, with significant increases in energy costs.
7 m ago
The United States imposes new round of sanctions on Iran.
10 m ago
The Federal Reserve stated that with the new uncertainty and rising energy costs sparked by the war with Iran, economic activity in most regions of the United States continues to grow at a moderate to modest pace. In the Beige Book released on Wednesday, the Federal Reserve noted that overall price increases are still moderate, but energy and fuel costs have risen "significantly" in all 12 Fed districts. The Federal Reserve stated, "The Middle East conflict is seen as a major source of uncertainty that has increased the complexity of businesses' decisions in hiring, pricing, and capital investment, with many businesses taking a wait-and-see approach." The report, compiled by the New York Fed using data up to April 6th, reflects the initial impact of the war on the U.S. economy. The oil price shock triggered by the conflict has pushed up gasoline prices, driving the largest increase in U.S. inflation since 2022 in March. Several Federal Reserve policymakers have signaled a tendency to maintain stable interest rates for a longer period to evaluate economic data.
12 m ago
Bank of England Governor Bailey: Tariffs are not the right way to address imbalances.
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