Tim Fernholz

Kennedy Space Center, Florida

SpaceX launched a load of science and supplies to the International Space Station today—this time, from a historic launch site that once hosted Space Shuttles and Apollo moon missions.

Kennedy Space Center, Florida

US president Donald Trump is already clashing with his own party over their plan to overhaul the corporate tax code, in part because their strategy to tax imported goods is causing indigestion at major American companies.

When Elon Musk went before an international space conference in Mexico and announced his vision of a Mars transportation system built by his company SpaceX, attendees were enthralled by the technology—and despairing of the price tag, which at a bare minimum of $10 billion seemed out of reach for the private sector and the United States’ cash-strapped space agency.

The most important thing governments did to make finance safer after the 2008 crash was to ask banks to get more of their capital from equity, instead of debt. Now, the Trump administration appear to be working to change these requirements, pushing banks toward more profitable—and riskier—ways of doing business.

When US president Donald Trump and Japanese Prime Minister Shinzo Abe gathered to condemn a North Korean missile test, they did it just fifty yards from a wedding reception at Trump’s Palm Beach resort Mar-a-Lago, with celebratory music underscoring the threat of nuclear warfare.

As Donald Trump lunches with Japanese prime minister Shinzo Abe, reportedly to talk about the future of global trade, it’s worth assessing whether or not the new US president will really attempt to renegotiate an important trade pact closer to home: the North America Free Trade Agreement (NAFTA) between the US, Canada, and Mexico.

On Feb. 14, an Indian PSLV rocket will attempt to set a record by deploying 103 small satellites in a single launch, including 88 satellites owned by Planet. With a successful launch, the San Francisco-based imaging startup will operate a total of 143 satellites—the most of any company in the world.

Two years ago, the CEO of the world’s primary commercial rocket company thought Elon Musk’s idea of re-using rockets to bring cargo to space was “very uncertain.”

The promise of Donald Trump’s administration, at least to its supporters, is an end to faceless bureaucracies denying them the help they deserve. The man he wants as US Treasury secretary could tell a story about how he fought such a bureaucracy. But that story would entail admitting that banks played a part in the financial crisis—something that the Trump administration and its backers in the financial sector simply can’t do.

There’s a TV commercial for the broker Charles Schwab where a cloyingly clever millennial stalls his hidebound father’s investment advice with a simple question: “How much does [your broker] charge?”

Government investigators are set to warn of a flaw in SpaceX’s rocket engines, which could delay the company’s plans to fly astronauts for NASA in 2018.

The share of US national income going to workers been on a mysterious decline in recent decades, and new research suggests what’s behind the plunge.

The same day former ExxonMobil CEO Rex Tillerson officially became US Secretary of State, Congress welcomed him with a treat for his old company: Lawmakers voted to rescind a rule forcing US extraction firms to disclose their payments to foreign governments.

Donald Trump’s eagerness to pick trade fights is threatening to undermine his own party’s plan to eliminate the corporate income tax. At the very least, it’s unquestionably made it more confusing.

Into orbit, on the highway, over the internet, and now into the ground: Is there anywhere Elon Musk won’t go to start a business?

Five teams now have until the end of the year to launch spacecraft to the moon in search of the $20 million first-place Google Lunar X-Prize.

Donald Trump entered the White House today rueing that “the wealth of our middle class has been ripped from their homes.” Then he raised mortgage costs for millions of new American homeowners.

Donald Trump’s oft-used excuse for not releasing his tax returns is that they are still under audit at the US Internal Revenue Service—no matter that this doesn’t prevent their release—but if his pick for Treasury secretary gets his way, the interminable audit may end sooner.

SpaceX today launched 10 Iridium satellites on its workhorse Falcon 9 rocket before flying the first stage of the rocket back to a floating landing platform in the Pacific.

Four months since one of its rockets caught fire on the launch pad, Elon Musk’s SpaceX plans to launch 10 Iridium satellites today at 9:54 am PST (12:54 pm EST, 5:54 pm GMT). Update: The launch succeeded.

SpaceX does good business when the rockets are flying—and becomes a money-loser when they’re not, according to company financials published in the Wall Street Journal today (Jan. 13).

One of the unique aspects of the United States is that banks lend people great sums of money at fixed rates for 30 years in order to buy a house.