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Coupang spent US$250,000 on lobbying through Trump-linked firm in Q2: lobbying report

WASHINGTON, July 15 (Yonhap) -- E-commerce giant Coupang Inc. spent US$250,000 lobbying the White House, the House of Representatives and the Office of the U.S. Trade Representative during the second quarter of the year through a firm with close ties to U.S. President Donald Trump, a lobbying disclosure report showe…

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Beige Book: Economic Activity Picked Up In 11 Of 12 Districts; Only San Fran Flat As "Employers Invested In AI"

In a modest support of the Fed's recent hawkish pivot, the latest Beige Book released today notes that economic activity across the US improved moderately, increasing at a slight to moderate pace in eleven of twelve Federal Reserve Districts in late May and June, while one District (San Francisco) reported no change…

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SpaceX Shares Fall Below $135 IPO Price, But The Real Story Is Its Bonds

SpaceX has slipped below its much-hyped $135 IPO price, and down 40% from the all time high hit during the June 15th gamma squeeze when the stock surged above $220 if ovenright trading, an "inevitable outcome" according to Bloomberg, which lends some validation to the skepticism surrounding "a valuation that always …

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