Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Everything you need to know before you reach the office this morning.
Good morning. On Fortune’s radar today:
- Markets: Down across the board; SpaceX takes heavy losses.
- The Fed will hike rates three times this year, BofA warns.
- Ship owners navigate confusion and threats in the Strait of Hormuz.
- The Iran war boosted electric vehicle sales.
- What companies are paying per worker for AI tokens.
- Alan Greenspan’s hot tub.
- Why men are giving up on work.
This story was originally featured on Fortune.com
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