SpaceX’s Growing Warchest

SpaceX’s Growing Warchest

Shares in Elon Musk’s SpaceX have been on a tear, giving the rockets and artificial intelligence company financial resources to box out competitors.

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Prediction Markets’ Next Major Bet: Wall St. Traders

Prediction Markets’ Next Major Bet: Wall St. Traders

Platforms like Kalshi let millions wager on sports and pop culture. They’re now hoping institutions will use them for big-ticket trading like hedging.

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Japan Raids Ice Cream Giants in Cartel Investigation

Japan Raids Ice Cream Giants in Cartel Investigation

The Fair Trade Commission said that it suspected six leading ice cream manufacturers fixed the prices of popular frozen treats.

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Fed Meeting Live Updates: Kevin Warsh to Address U.S. Economy as Fed Holds Interest Rates Steady

Fed Meeting Live Updates: Kevin Warsh to Address U.S. Economy as Fed Holds Interest Rates Steady

Officials at the Federal Reserve were split between no cuts this year and one or more rate increases as they braced for higher inflation, according to a new set of projections.

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Rachel Reeves, UK Chancellor, Confronts the Political Challenges of Fiscal Stability

Rachel Reeves, UK Chancellor, Confronts the Political Challenges of Fiscal Stability

Rachel Reeves came into office promising to adhere to strict rules on spending and borrowing. Two years later, a special election could determine if she will continue in her role.

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Danny Simmons, Painter and Activist From a Creative Family, Dies at 72

Danny Simmons, Painter and Activist From a Creative Family, Dies at 72

The older brother of the music mogul Russell Simmons and the rapper Joseph Simmons, he made his own way as an artistic and entrepreneurial force in Brooklyn.

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Who Is the Baklava Guy at the Knicks Games?

Who Is the Baklava Guy at the Knicks Games?

In city parks, at Phish shows and outside Madison Square Garden, a nomadic salesman builds his brand, one pistachio-laden wedge at a time.

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Inside the Elon Musk-OpenAI Trial Courtroom

Inside the Elon Musk-OpenAI Trial Courtroom

The tech leaders, with combined net worths exceeding $670 billion, have brought props to court and traded icy stares as their legal dispute reaches a denouement.

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Putin’s Army of Drones

Putin’s Army of Drones

Freed from ethical constraints and hardened by years of war, a country long seen as a bureaucratic giant has become an entrepreneurial one.

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A Maker of Pet Toys in Ukraine Turns to Killer Drones

A Maker of Pet Toys in Ukraine Turns to Killer Drones

An entrepreneur behind drones that make the final strike themselves epitomizes the transformation of Ukraine’s civilian technology industry into a defense powerhouse.

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Linda Dresner, Old-School Guru of Avant-Garde Fashion, Dies at 88

Linda Dresner, Old-School Guru of Avant-Garde Fashion, Dies at 88

Her minimalist gallery-like store on Park Avenue was a destination for generations of moneyed New Yorkers and helped change the way clothing is sold.

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Presto! In Chicago, a High-End Magic Palace Appears

Presto! In Chicago, a High-End Magic Palace Appears

The entrepreneur Glen Tullman is betting people want to dress up and watch magicians in a luxury setting. Either it will work or $50 million will go poof.

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All the Worst People Seem to Want to Be ‘High Agency’

All the Worst People Seem to Want to Be ‘High Agency’

The term “high agency” is an ethos for a gambler’s time.

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A New Jersey Teen Finds Treasure, and More, in Abandoned Storage Units

A New Jersey Teen Finds Treasure, and More, in Abandoned Storage Units

Michael Haskell, 17, set out to make some money from his locker dives. He ended up learning about life.

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A Guardian of the Past Takes His Treasures Online

A Guardian of the Past Takes His Treasures Online

Louis Bofferding has an intimate feel for rare antiques with dramatic back stories. But his wealthy clients are content to point and click.

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