Germany’s labor pool is set to shrink more than previously thought, according to new projections that underscore how an aging population will weigh on Europe’s No. 1 economy.
Summary of Fed Chair Powell and the rate cut today:
1) Don't expect more rate cuts any time soon.
2) Job creation may be *negative* right now.
3) Fed more optimistic about 2026
4) Lots of dissent at the Fed. Median expectation is for only 1 rate cut in 2026
5) Powell focused on…
In January 2015, Google and Fidelity wrote a combined $1 billion check for roughly 10% of SpaceX. The company was valued at $12 billion. Google’s portion: approximately $900 million for 7.4%.
At the time, SpaceX had just successfully landed a Falcon 9 first stage for the first…
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