Indonesia’s 50 Richest 2025: Wealth Crosses $300 Billion Amid Stock Market Frenzy; Data Center Billionaires Climb Into The Top 10

Applications for unemployment benefits surged last week, marking the most significant increase since 2020, following a period where claims had previously dropped to a three-year low. This fluctuation indicates ongoing volatility in the labor market, as recent trends suggest a complex interplay between job availability and economic conditions.

Forbes has released the 2025 Midas List Europe, ranking the top 25 venture capital investors in Europe and the Middle East, in collaboration with TrueBridge Capital Partners. This list serves as a definitive guide to the leading figures in venture capital within these regions.

Elon Musk confirmed via a post on X that reports regarding SpaceX's plans for an initial public offering (IPO) next year are accurate, following recent discussions about the company's financial strategies and market positioning. This announcement comes shortly after media speculation about the IPO's potential scale and valuation.

Media mogul Eddy Kusnadi Sariaatmadja has re-entered the ranks of Indonesia’s richest individuals, boasting a net worth of $1.8 billion, shared with his family, following a successful investment portfolio that has yielded significant returns after a two-year absence from the list.

The U.S. has seized an oil tanker near Venezuela, a move that has led to a rise in oil futures by 56 cents to $58.93 per barrel. This action reflects escalating tensions between the U.S. and Venezuela, particularly in the context of U.S. military presence in the region and ongoing geopolitical conflicts.

Former President Donald Trump has seen a rise in his approval rating to 41%, coinciding with the launch of his 'Affordability Tour' aimed at addressing economic concerns among voters. This development was highlighted in a recent poll released by Forbes.

Ukraine's drone manufacturers are facing challenges as their production of affordable and effective drones is hindered by extensive politicization and complex bureaucracy, which could slow down output during a critical period for national defense and exports.

A new report suggests the establishment of a publicly owned and cooperative grocery infrastructure in New York City to address rising grocery prices and increasing food insecurity. This initiative aims to create a more equitable food system amidst the ongoing affordability crisis.