Investors braced for Powell’s Jackson Hole speech as the S&P 500 fell 0.4% and the Dow and Nasdaq were down about 0.34%. Cleveland Fed President Beth Hammack said there is ‘no case for reducing interest rates’ now, while Atlanta Fed President Raphael Bostic still penciled in a 2025 rate cut. Futures indicated a 70–75% probability…
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SpaceX (USA, founded 2002 by Elon Musk) achieved the first private orbital rocket launch in 2008, performed the first booster landing in 2015, and launched the Starlink mega-constellation. Blue Origin (USA, founded 2000 by Jeff Bezos) completed the first vertical landing of a New Shepard booster in 2015, flew the first crewed suborbital flight in…
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