The IM-1 lander "Odysseus" in lunar orbit on Feb. 21, 2024.Intuitive MachinesA U.S. company has gone to the moon – and into the history books.Intuitive Machines IM-1 mission reached the moon's surface on Thursday evening, in the first American lunar landing since the Apollo era.The company's Nova-C cargo lander, named...
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Reddit will let users buy its IPO, but warns that they could make the stock riskier
Reddit logosDado Ruvic | ReutersReddit's initial public offering will include a quirk that allows some of its most active users to buy the stock. That could make the deal riskier for other investors.On Thursday afternoon, the social media company's S-1 filing revealed that some Reddit moderators and other users would...
Block shares surge as much as 14% after company announces surprise profit
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., listens during the Bitcoin 2021 conference in Miami, Florida, on Friday, June 4, 2021.Eva Marie Uzcategui | Bloomberg | Getty ImagesBlock stock rose as much as 14% in extended trading Thursday after the payments company reported fourth-quarter...
Fed’s Waller wants more evidence inflation is cooling before cutting interest rates
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, D.C., on Friday, Sept. 23, 2022.Al Drago | Bloomberg | Getty ImagesFederal Reserve Governor Christopher Waller said Thursday he will need to see more evidence that inflation is cooling before he is willing to support...
IRS aims to close ‘inequity gap’ for unpaid taxes. How the agency targets top earners for audit
IRS Commissioner Daniel Werfel testifies before the Senate Finance Committee on April 19, 2023.Chip Somodevilla | Getty ImagesThe IRS will continue to crack down on top earners who haven't paid taxes owed — and certain returns may see increased scrutiny, experts say."We are working to reverse the historically low audit...