Iran war forces European interest rate cut, SpaceX to go public tomorrow, Investigators seek Ebola’s patient zero (opens in new tab)

The European Central Bank became the first G7 central bank today to raise interest rates to counter the economic fallout from inflation induced by the war in Iran. In its first rate hike since 2023, the central bank raised interest rates by a quarter point to 2.25%. Higher prices are pushing up inflation worldwide, and they’re unlikely to subside any time soon. Even if the Strait of Hormuz does reopen soon – which seems unlikely given the renewed strikes this week between the US and Iran, as ...