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admin wrote a new post, CFTC is conducting an investigation into Polymarket, source says 1 month, 1 week ago
The Commodity Futures Trading Commission has an ongoing, extensive investigation into prediction market platform Polymarket, according to a person familiar with the inquiry.
The Wall Street Journal first […] -
admin wrote a new post, Minneapolis Fed President Neel Kashkari says he expects a rate hike this year 1 month, 1 week ago
Minneapolis Federal Reserve President Neel Kashkari said Friday he has changed his outlook and now expects that one interest rate increase will be necessary this year.
In remarks just over a week after the […] -
admin wrote a new post, Jeremy Grantham says this is the most expensive market in 'American history' 1 month, 1 week ago
Veteran investor Jeremy Grantham thinks the artificial intelligence boom has pushed the U.S. stock market to its most expensive level ever and could eventually lead to a historic decline.
“Based on the […]
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admin wrote a new post, OpenAI is reportedly delaying its IPO. Here's when Kalshi traders think it will announce 1 month, 1 week ago
The outlook for an initial public offering from artificial intelligence platform OpenAI is changing after a New York Times report said the company may delay a debut on the public market until next year.
So […] -
admin wrote a new post, Warsh reaches within the Fed for latest advisory appointments 1 month, 1 week ago
Federal Reserve Chairman Kevin Warsh has added two more key advisors as he seeks to remake how the central bank approaches its views on the economy and monetary policy, people familiar with the moves confirmed […]
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admin wrote a new post, Polymarket annualized revenue surpasses $1 billion six weeks after its U.S. exchange launch 1 month, 1 week ago
Prediction market platform Polymarket’s annualized revenue are now well above $1 billion, the company shared exclusively with CNBC on Friday.
Polymarket’s disclosure comes six weeks after the company lifted […] -
admin wrote a new post, Chicago Fed President Goolsbee says inflation is too high; Williams sees price pressures easing 1 month, 2 weeks ago
Two Federal Reserve officials on Thursday indicated some optimism on inflation, though neither indicated a likelihood that interest rates will change anytime soon.
Chicago Federal Reserve President […]
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admin wrote a new post, Bond ETF flows surge in hunt for yield: 'Market sniffing out something here,' says BlackRock exec 1 month, 2 weeks ago
Amid recent bouts of stock volatility and a new Fed chair coming into a complex inflation environment, the action in bond ETFs is sending an important signal to the market.
“Flows tell the story,” […]
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admin wrote a new post, Luxury spending now driven by experiences and 'inheritourism' 1 month, 2 weeks ago
Luxury spending is expected to rebound this year, driven mainly by experiences rather than luxury goods, according to a new study.
After two years of declines, luxury goods sales are expected to grow between 1% […] -
admin wrote a new post, JPMorgan names Doug Petno and Troy Rohrbaugh co-presidents as longtime exec Marianne Lake exits 1 month, 2 weeks ago
JPMorgan Chase on Thursday promoted two of its top executives into newly created co-president roles, marking the latest step in CEO Jamie Dimon’s long-running succession planning while announcing the retirement […]
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admin wrote a new post, Wendy's shares soar for a second day as retail investors pile into their new meme darling 1 month, 2 weeks ago
Wendy’s shares extended their rally for a second day on Thursday, as retail traders continued piling into the heavily shorted fast-food chain.
Shares surged another 12% in premarket after a 25.7% gain in the […] -
admin wrote a new post, Investors still seek a human touch even with AI tools at hand: HSBC 1 month, 2 weeks ago
Investors continue to rely on professional financial advisers for their final investment decisions, even as artificial intelligence becomes more widely used in the initial stages of research, according to a […]
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admin wrote a new post, Federal Reserve says U.S. banks can withstand $708 billion in losses amid overhaul of capital rules 1 month, 2 weeks ago
The biggest U.S. banks would be able to absorb more than $708 billion in losses in a severe global recession while continuing to lend to households and businesses, according to the Federal Reserve’s annual […]
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admin wrote a new post, JPMorgan Chase unveils $50 billion buyback, Goldman Sachs raises dividend after Fed stress test 1 month, 2 weeks ago
JPMorgan Chase on Wednesday unveiled a new $50 billion share repurchase program and raised its quarterly dividend after the Federal Reserve found the nation’s biggest banks remained well capitalized under its […]
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admin wrote a new post, Kalshi CEO says prediction market thinking about IPO, but not for this year 1 month, 2 weeks ago
Prediction market platform Kalshi’s CEO Tarek Mansour confirmed the company is in the early stages of planning a potential IPO in an appearance on CNBC’s “Squawk Box.”
Mansour said a public markets […]
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admin wrote a new post, Wendy's stock soars as meme traders target another turnaround play 1 month, 2 weeks ago
Wendy’s shares surged in premarket trading Wednesday, fueled by a burst of retail investor enthusiasm that appears disconnected from the fast-food chain’s latest executive appointment.
The stock climbed more […] -
admin wrote a new post, CFTC sues Kentucky over actions against prediction markets, making it first red state to face federal scrutiny 1 month, 2 weeks ago
The Commodity Futures Trading Commission said Tuesday that it’s filing suit against Kentucky. The action comes after the state sued prediction market platforms Kalshi and Polymarket, asserting the companies […]
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admin wrote a new post, SpaceX seeing some interest from short sellers, but many still afraid to bet against Musk 1 month, 2 weeks ago
SpaceX’s sharp pullback from its post-IPO record high is doing little to embolden short sellers reluctant to bet against CEO Elon Musk, even as the shares have shed more than a quarter of their value in just […]
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admin wrote a new post, Mamdani-backed candidates are likely to win in NYC primaries, prediction market traders expect 1 month, 2 weeks ago
On Tuesday night, New York City Mayor Zohran Mamdani faces his first major electoral test since his election in November 2025. This time, while Mamdani isn’t on the ballot, his power to swing voters […]
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admin wrote a new post, Meta is building a prediction markets app. These stocks are falling in response 1 month, 2 weeks ago
Meta Platforms CEO Mark Zuckerberg has directed staff to create a prediction market platform, a source familiar with the company’s plans confirmed to CNBC.
The New York Times was first to report the […] - Load More
