News

Americans are on a 'treadmill of high inflation' and more rate hikes are likely, Fed's Daly says

San Francisco Fed President Mary Daly called Friday's jobs report "good news for American workers," but noted the pressure inflation is exerting on household finances

The AI ‘credit card’ is getting costlier as CoreWeave bond yield tops 16%

Coreweave's steep yields reflect stress in the AI debt markets as investors worry about a data center slowdown. What comes next.

Nasdaq drops into correction territory — here’s what typically happens next

Nasdaq’s slide into correction territory puts its history of recoveries in focus. Here's what history shows.

Top Democrats call to rein in AI buildout after midterms sweep: 'National data center moratorium now'

Democratic winners and progressive lawmakers are calling for tougher limits on AI and data centers after the 2026 midterm elections.

Barkin sees interest rate hikes ahead, but at a gradual pace

In a CNBC interview, the policymaker expressed concern over inflation and said monetary policy will need to adjust.

What the Democratic midterms sweep changes for U.S.-China relations

Analysts note the growing risks around U.S. President Donald Trump's ability to maintain a fragile trade truce.

Treasury yields fall as investors crowd into bonds for safety amid election stock sell-off

Treasury yields fell on Tuesday night, as investors sought shelter from a sell-off in equity futures sparked by big victories from Democrats in the U.S. midterm elections.

Blackstone president calls for more equity to fund AI buildout as debt risks mount

Blackstone President Jon Gray says AI infrastructure needs more equity as debt investors face concentration risks amid massive spending plans.

Texas governor race tightens in prediction markets, but Abbott remains favored

Prediction markets still show the Republican incumbent favored to win a fourth term, but the odds have narrowed in recent weeks.

Stock market after midterm elections: What S&P 500 history shows

Midterms historically precede a strong year for the S&P 500. What to know if Democrats win back Congress

Binance’s $6.3 billion hack raises questions about crypto wallet safety

Two high-profile security incidents this week, including the largest crypto theft in history, have raised custody and safety concerns.

It's a 'socialist' bank — and North Dakota Republicans love it

North Dakota's state-owned bank has broad Republican support and is drawing interest from public-banking advocates in other states.
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