Category: Markets and Macro

For years, Jeff Bezos trailed Elon Musk in the satellite race. SpaceX’s Starlink constellation grew into the dominant force in broadband from orbit while Amazon’s Project Kuiper struggled to get off the launchpad. Now Bezos is trying to close the gap in a single move. According to the terms of the merger agreement filed with…

Ken Schnitzer has been selling luxury cars in Dallas-Fort Worth for more than 40 years. The CEO of Park Place Dealerships has watched oil busts, credit crunches, and a global pandemic rattle his showrooms. But when he stood before a North Texas business forum this spring and put a price tag on what tariffs have…

The United States Postal Service is running out of cash. That was the message a March 17, 2026, House Oversight Committee hearing conveyed when its notice described an agency “expected to run out of money in 12 months,” placing the projected insolvency point in early 2027. Postmaster General Louis Steiner prepared testimony for that hearing…

Carlos Mejia, a rideshare driver in Houston, told ABC13 this spring that he was spending $400 a month on gasoline before he started shopping for a used Chevrolet Bolt. “A used EV with a home charger cuts that to maybe $80,” he said. Mejia’s math is catching on. Americans purchased 12% more pre-owned electric vehicles…

A military conflict with Iran that shut down the Strait of Hormuz tomorrow would not raise the price of bread or ground beef next week. It probably would not raise them this year. The shock would have to travel too far first: from tanker lanes in the Persian Gulf, through global natural gas markets, into…

Duke Energy has committed to spending $103 billion over the next five years on new power generation, transmission lines, and grid upgrades across its six-state territory, making it the largest capital plan in the company’s history. The company first announced the updated figure in its February 2025 fourth-quarter earnings release, covering planned capital deployment through…

Alaska Airlines CEO Ben Minicucci is not sugarcoating it: the airline has raised fares, and it has no intention of rolling them back. During Alaska Air Group’s first-quarter 2026 earnings call in April, Minicucci told investors that recent price increases have stuck, even as a spike in jet fuel costs squeezed margins across the industry….

Michael Burry’s Scion Asset Management bought into Microsoft during the fourth quarter of 2025, a period when the software giant’s shares were nursing a double-digit decline from their summer highs. The new stake, which did not exist in Scion’s prior quarterly disclosure, surfaced in a 13F filing submitted to the SEC in February 2026, covering…

A startup that barely existed three years ago is now at the center of one of the largest AI deals ever proposed. SpaceX has secured the right to acquire Cursor, the AI-powered code editor used by a fast-growing base of professional software developers, for $60 billion later this year, according to reports from Bloomberg, the…

United Airlines warned in late April 2026 that ticket prices on some routes could jump as much as 20 percent this summer, a direct response to a sharp run-up in jet fuel costs driven by conflict-related disruptions in global oil markets. The carrier’s guidance, shared with analysts on April 22, marks one of the most…