Allison Morrow

Know your bonds: A quick guide to Treasuries

Ahead of its June IPO, SpaceX described its CEO as the “driving force behind our growth, innovation, and operational success.” His loss, “whether due to death, disability, or otherwise … could significantly disrupt our management structure.”

It was a tough week for the bond market. And the US government’s attempt to help offered only temporary relief.

SpaceX first earnings report as a public company blew past expectations. But it continued to burn through cash in pursuit of CEO Elon Musk’s vision for an AI-powered, Mars-colonizing future, putting investors on edge and sending SpaceX shares down in late trading.

Capital One closed hundreds of Trump Organization accounts in 2021 “for anti-money laundering reasons,” the bank disclosed for the first time in a court filing Friday night.

The most popular trade on Wall Street for the past couple of years has been a simple one: Buy Big Tech and ride the AI wave.

For President Donald Trump, pivoting his personal investments and his administration’s priorities to favor cryptocurrencies has been a lucrative move. His family’s crypto venture raked in more than $1 billion last year, on top of tens of millions in income from his real estate empire, according to his latest financial disclosure.

Even for Jamie Dimon, the banking titan who’s not known to mince words, it was a surprising shot across the bow when he described a fellow financier as “full of sh*t.”

If you’re headed out for a long weekend and yearning for a good beach read, consider this buzzy title: Form S-1 Registration Statement Under the Securities Act of 1933: Space Exploration Technologies Corp.

Take it from President Donald Trump himself: Stocks and commodities can throw easily ignored tantrums, but when the bond market gets “yippy,” you pay attention.