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Michael Sheetz’s Posts
Federal Reserve Chairman Jerome Powell was asked by Congress on Wednesday whether the recent strong U.S. jobs report changed his outlook on the economy and interest rates.
President Donald Trump lambasted the Federal Reserve yet again on Friday, saying he thinks the economy will “be breaking records” even though the central bank has rates set too high.
SpaceX is raising yet another round of funding, a month after completing its second fundraising of the year.
SpaceX caught the half of the fairing, or nose cone, of its Falcon Heavy rocket on Tuesday, passing another milestone as the company seeks to consistently reuse an expensive part of its rocket.
Tesla and SpaceX CEO Elon Musk said in a tweet early Monday he “just deleted” his Twitter account. He made his statement in a tweet, but the account still appeared to be active after the post.
President Donald Trump confirmed on Monday that additional tariffs on Chinese goods will be levied if Chinese President Xi Jinping does not attend this month’s G-20 meeting.
Boeing shares fell more than 4% in trading Monday as the trade war intensifying between the U.S. and China put added pressure on the aircraft maker.
Jeff Bezos, chairman of Amazon and founder of Blue Origin, unveiled his space company’s lunar lander for the first time on Thursday.
President Donald Trump said Wednesday that China “just informed” the White House that its vice premier will lead a delegation “coming to the U.S. to make a deal” on trade.
Tesla is raising $2.7 billion in fresh capital but that is only “a 12-month bridge,” Morgan Stanley said on Monday, as the firm thinks Elon Musk’s electric vehicle company needs to begin manufacturing and selling its lower-priced cars in China.
Vice President Mike Pence believes the Federal Reserve should look to cut its benchmark interest rate due to the continued growth of the U.S. economy.
General Electric shares surged Tuesday after the troubled conglomerate reported first-quarter earnings that topped expectations and reaffirmed its 2019 forecast. It also burned less cash than feared.
As 2020 presidential campaigns accelerate, the dominance of Silicon Valley technology companies is likely to remain a key issue for Democratic candidates.
Danaher will buy the biopharmaceutical business of General Electric in a $21.4 billion all cash deal, the companies announce.
General Motors and Amazon are reportedly in talks to invest in Rivian Automotive, indicating a massive shift in the “next and potentially imminent” electric vehicle market of pickup trucks, Morgan Stanley says.