SpaceX’s monster IPO is unlike anything we’ve seen

Mar 30, 2026 | Markets

SpaceX is preparing to launch the largest IPO of all time — with expectations that it could raise more than all U.S. listings in 2024 and 2025. Why it matters: Wall Street is understandably giddy. But what it’s about to pitch investors is unprecedented, and...

Americans are behind on car payments at a record level

Mar 7, 2025 | Markets

Americans are missing their car payments at the highest rate in decades, according to Fitch Ratings data. Why it matters: Car costs, including loans and insurance, have soared in an economy where consumers are showing mounting signs of stress. By the numbers: 6.6% of...

Central banks have been buying gold at a record pace

Jan 31, 2024 | Markets

Bitcoin bulls want to know: If you can easily buy a commodity on the stock market, in ETF form, does that drive demand for the commodity itself? The answer, judging by the past three years in the world of gold ETFs, is a clear no. Why it matters: The run-up in the...