June 5, 2026, 2:43 p.m.

International News

Finance News

The savings rate has dropped to an all-time low, and the financial cushion of American residents has completely run out.

The latest economic data shows that the personal savings rate in the United States dropped sharply to 2.6% in April, reaching an extremely low level in recent years.

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SpaceX Launches Largest-Ever IPO: Trillion-Dollar Valuation Hides Profit Risks and Grand Strategic Vision

New York — Global commercial aerospace leader SpaceX has finalized core plans for its initial public offering, aiming to raise up to $75 billion in capital, setting the stage for the largest stock market debut in history.

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The Federal Reserve's rate cut dream is shattered, and the ghost of rate hikes returns to Wall Street

On June 5, 2026, just ten days before the June interest rate meeting, Wall Street's rate-cutting fantasies were shattered by a heavy blow.

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Business News