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SpaceX reportedly in talks for secondary sale at $800B valuation, which would make it America’s most valuable private company

According to the Wall Street Journal, SpaceX is launching a secondary share sale that would value Elon Musk’s rocket maker at $800 billion — double its recent $400 billion valuation and surpassing OpenAI to claim the title of America’s most valuable private company. SpaceX has not responded to a request for comment; the WSJ not … Read more

How Macy’s, a department store chain founded when Abraham Lincoln was alive, created America’s biggest parade of the year

For millions of Americans, Thanksgiving morning begins the same way: in front of a television, watching giant character balloons float down Manhattan’s streets while professional dancers, elaborate floats, and celebrity performers parade past. The Macy’s Thanksgiving Day Parade drew over 31 million viewers across the U.S. last year, including about 3.5 million people who actually … Read more

Trump says dismantling the Department of Education will fix America’s lagging academics, but opponents warn it will multiply bureaucracy

The Trump administration says its plan to dismantle the Education Department offers a fix for the nation’s lagging academics — a solution that could free schools from the strictures of federal influence. Yet to some school and state officials, the plan appears to add more bureaucracy, with no clear benefit for students who struggle with math or … Read more

Sortera is turning America’s scrap aluminum problem into cash

When it comes to recycling, few materials can match aluminum. It can be reused an infinite number of times, and it’s often cheaper to recycle than to produce new aluminum because it requires so much less energy. Yet only about a third of the aluminum used in the U.S. gets recycled. The problem lies in … Read more

Restoring America’s manufacturing backbone through semiconductor leadership

It’s no secret that America—the birthplace of the transistor and, by extension, the modern semiconductor industry—has gradually ceded its leadership in the manufacturing of semiconductors. These chips power everything from smartphones and cars to satellites, advanced defense systems and artificial intelligence. They are the backbone of  the modern economy and the foundation of next generation … Read more

Veterans Day freebies for America’s military members

There are breakfast, lunch and dinner freebies and deals for military members at various restaurant chains this Veterans Day. (iStock) NEWYou can now listen to Fox News articles! Welcome to the Fox News Lifestyle Newsletter. Check out these top headlines. SALUTE TO SAVINGS: Major restaurant chains offer free meals and exclusive Veterans Day deals for … Read more

Despite shortfalls, America’s retirement picture can improve

This year we’ll see more Americans retire than ever. But how many of us will be financially ready when it’s our turn? At Vanguard, we asked this question for the whole country: Are we saving enough to maintain our lifestyle in retirement? To answer, we applied Vanguard’s market projections to household balance sheets in order … Read more

Bank of America’s CEO sees a ‘huge opportunity’ in the U.S. wealth business

Bank of America is betting big on its wealth and investment management business, essentially leaning further into the top echelons of the upper class. The banking giant (No. 17 on the Fortune 500) hosted its first investment day since 2011 on Nov. 5 in Boston. Executives set ambitious goals for the wealth unit: 4% to … Read more

Mexico City Is the Most Video-Surveilled Metropolis in the Americas

“What is recommended is that when something happens, they go to open the folder and the next day request the video evidence, because [without an investigation file] they will not be able to access this information,” says Salvador Guerrero Chiprés, general coordinator of C5 CDMX. In fact, he shared that they receive around 160 requests … Read more

America’s wealthiest billionaires got $698 billion richer this year—and Trump’s tax policy could give them a new windfall

Now, a new report from Oxfam has revealed that the 10 richest U.S. billionaires added $698 billion to their net worths in the past year. Nearly the entire ultra-rich cohort is made up of tech leaders profiting from the gold rush in tech and AI, including Oracle cofounder Larry Ellison, Amazon founder Jeff Bezos, Google … Read more

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