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SpaceX announced Wednesday that it has secured $1.6 billion in launch orders from the U.S. Space Force. The company will conduct 18 Falcon 9 missions by the end of 2027, carrying military satellites designed to detect and track airborne targets.The launches were awarded through two task orders under the Space Force’s core launch procurement program. SpaceX, United Launch Alliance, Blue Origin and other selected U.S. providers will compete for additional military launch contracts under the program.

U.S. Consumer Credit Rises More Than Expected in June

2026-08-07 Read:4014

WASHINGTON — U.S. consumer credit increased by $14.17 billion in June from the previous month, exceeding economists’ median forecast of an $11.85 billion gain, according to Federal Reserve data.

Estimates from 14 economists ranged from an increase of $5 billion to $15 billion. The May figure was revised to a decline of $1.08 billion.

Revolving credit, which primarily includes credit card debt, rose by $6.74 billion. Nonrevolving credit, including auto and student loans, increased by $7.43 billion.