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Elon Musk · United StatesElon Musk is on the verge of losing his “world’s richest person” title to Oracle cofounder Larry Ellison.Ellison’s wealth jumped $70 billion to $364 billion after Oracle’s stunningly strong earnings report Tuesday evening, putting him in striking distance of Musk’s net worth of $384 billion, according to Bloomberg Billionaires Index.See the Story
Larry Ellison Could Now Overtake Elon Musk and Rise to the Richest Person in the World
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European Central Bank · FrankfurtThe European Central Bank held interest rates steady on Thursday as economic uncertainty persists in the wake of U.S. Donald Trump’s aggressive tariff agenda. Ahead of the decision, markets had been pricing in an around 99% chance of the ECB’s key deposit facility rate being left at 2% for the second consecutive time. The central bank last cut rates in June, bringing rates further down from last year’s record high of 4%.
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European Central Bank leaves rates unchanged as tariff fallout lingers
42% Center coverage: 50 sources