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Pirro’s losses in Fed matter should stay on the books, judge rules

TazaPulseJune 12, 2026

U.S. Attorney for the District of Columbia Jeanine Pirro announces charges in connection with an international car theft ring during a press conference at the Justice Department in Washington, D.C., U.S., April 22, 2026. Nathan Howard | Reuters A federal judge in Washington denied on Thursday a prosecutor’s request to erase the record of the...

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SpaceX Starlink is ahead of competitors, but growth is getting harder

TazaPulseJune 12, 2026

The Starlink logo appears on a smartphone screen with a starry night sky in the background. Nurphoto | Nurphoto | Getty Images As investors line up to buy SpaceX stock in the largest IPO on record, about the only real business they have to evaluate is Starlink, the company’s satellite internet division. It’s by far...

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The plan for World Cup to revolutionize Major League Soccer

TazaPulseJune 12, 2026

Key Points The FIFA World Cup begins Thursday in Mexico City. Major League Soccer is banking on this year’s World Cup to alter the trajectory of the league, beginning with a schedule change that takes place next season. MLS Commissioner Don Garber told CNBC Sport that a strong U.S. team performance isn’t essential for the...

SpaceX IPO will test how Wall Street prices ‘strategic tech’

TazaPulseJune 12, 2026

The SpaceX initial public offering is about to test whether Wall Street needs a new playbook. The company, which starts trading on Friday, has a business that doesn’t cleanly fit into the categories investors usually use. Elon Musk’s space firm isn’t just a rocket company, or satellite internet company, or traditional defense contractor. The better...

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Oracle shares tumble 11% on increased capital raise, cash concerns

TazaPulseJune 11, 2026

Oracle CEO Clay Magouyrk appears on a media tour of the Stargate AI data center in Abilene, Texas, on Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images Oracle shares tumbled 11% and headed for their worst day since January 2025, after the software maker told investors to expect an additional $20 billion capital...

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Producer price index May 2026:

TazaPulseJune 11, 2026

Shoppers carry Ross bags in San Francisco, California, US, on Wednesday, June 10, 2026. David Paul Morris | Bloomberg | Getty Images Wholesale prices rose more than expected in May, indicating that pipeline inflationary pressures are percolating higher, the Bureau of Labor Statistics reported Thursday. The producer price index, a measure of final demand costs,...

Baldwin, Khanna propose direct foreign investment board to probe Trump

TazaPulseJune 11, 2026

Senator Tammy Baldwin, a Democrat from Wisconsin and U.S. Rep. Ro Khanna, D-Calif. Eric Lee | Bloomberg | Alex Wong | Getty Images Sen. Tammy Baldwin and Rep. Ro Khanna are introducing a bill Thursday to establish a federal review board for direct foreign investment in the U.S., as President Donald Trump courts global ventures...

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SpaceX IPO won’t ‘break’ the bull market. But investors are worried about what comes next

TazaPulseJune 11, 2026

SpaceX’s facilities and employees, as speculation mounts on when the company will aim to file its initial public offering (IPO) prospectus with regulators in Starbase, Texas, U.S. March 25, 2026. Gabriel V. Cardenas | Reuters SpaceX’s initial public offering this week is set to be the biggest ever in history, flooding the stock market with...

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Why U.S. AI giants like Anthropic, OpenAI are expanding in London

TazaPulseJune 11, 2026

A slew of U.S. Big Tech and AI companies are racing to expand in London as they look to take advantage of the city’s deep talent pools amid a push to develop and commercialize frontier tech. Anthropic and OpenAI both announced they’d taken up larger office spaces in the U.K. capital in recent months. Vibe...

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Trump loves inflation. Why that should be music to Kevin Warsh’s ears: Analysis

TazaPulseJune 11, 2026

U.S. President Donald Trump arrives with incoming Federal Reserve Chair Kevin Warsh for Warsh’s swearing-in ceremony at the White House in Washington, D.C., U.S., May 22, 2026. Jonathan Ernst | Reuters A strange thing may happen in the coming days. Federal Reserve Chair Kevin Warsh may do exactly what his predecessor Jerome Powell had done...