Fed's Kashkari warns Hormuz oil shock may force rate hikes. Minneapolis Fed president dissented at latest FOMC, says Fed should flag tightening risks.

Blue Owl has sold about half of its stake in SpaceX, according to the firm's co-CEO. The sale was executed at a $1.25 trillion valuation for the aerospace company.

Blue Owl co-CEO stated that the firm has sold approximately half of its stake in SpaceX, a transaction based on a $1.25 trillion valuation for the aerospace company.

Union Pacific and Norfolk Southern propose a $71.5 billion merger. The companies project the combined entity would control 39% of the U.S. rail freight market.

Union Pacific and Norfolk Southern have announced a proposed $71.5 billion merger, which the companies estimate would result in a 39% share of the U.S. rail freight market.

Colombia's central bank unexpectedly halts interest rate increases amid a dispute with the government.

Colombia's central bank has unexpectedly paused its cycle of interest rate hikes, citing an ongoing dispute with the national government.

KKR secures over $10 billion to launch a new company dedicated to developing and operating artificial intelligence infrastructure.

Investment firm KKR has raised over $10 billion to establish a new company focused on the development and operation of artificial intelligence infrastructure.