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Bank of Canada meeting minutes: Members unanimously agreed that the economy was weak, in a state of oversupply, and that there was slack in the labor market, but the economy had not fallen into recession.

2026-06-25

Bank of Canada meeting minutes: Members unanimously agreed that the economy was weak, in a state of oversupply, and that there was slack in the labor market, but the economy had not fallen into recession.

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2026-06-25

David George, partner at Andreessen Horowitz and a SpaceX investor, said Starship's rapid reusability is critical to Elon Musk's vision of expanding AI compute via orbital data centers. He said once Starship is operational, extending AI capacity to s

David George, partner at Andreessen Horowitz and a SpaceX investor, said Starship's rapid reusability is critical to Elon Musk's vision of expanding AI compute via orbital data centers. He said once Starship is operational, extending AI capacity to space would be inevitable as terrestrial data-center capacity becomes constrained, describing future satellites as "aircraft-sized GPU racks." George added orbital data centers would at minimum supplement ground facilities and could ultimately be economically superior, and that SpaceX has demonstrated the technical ability to deploy such systems.
2026-06-25

Spot gold fell below $3,960/oz, down 3.64% intraday.

Spot gold fell below $3,960/oz, down 3.64% intraday.
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