News

Kevin Warsh's real Fed 'regime change' may happen deep inside Wall Street's plumbing

Warsh could guide to a smaller role in day-to-day markets, while also setting clearer rules for how and when it should intervene.

Which company will the U.S. government take a stake in next? Here’s what traders think

After new stakes in quantum companies were revealed, traders on prediction market platform Kalshi think IonQ, Micron and Anduril could be next.

Surge in 'risk-free' treasury yields sends bond investors in search of better opportunities

Treasury yield surge shows bond market is not 'risk free' after all, but there's opportunity for fixed-income investors in intermediates, BBBs and high yield.

Despite murky legal landscape, companies are undeterred in their prediction market investments

Companies reiterated plans to growing their prediction markets businesses in recent earnings calls even as a regulatory debate continues.

U.S. pushes its AI in China and Asia after Trump-Xi meeting

Integrating American AI in Asia is high on the agenda for the U.S., according to a senior official for APEC and economic policy.

China calls for APEC cooperation as commerce minister skips opening over ‘urgent official business’

China's international trade representative Li Chenggang said he was chairing Friday's meeting as Commerce Minister Wang Wentao had urgent matters to attend to.

Miner Perpetua Resources secures $2.9 billion U.S. loan for Idaho gold, antimony project

Mining company Perpetua Resources has secured a $2.9 billion loan from the U.S. Export-Import Bank as the U.S. looks to secure access to critical minerals.

Prediction markets are fueling a high-stakes brawl between states and federal regulators

Sixteen states are in legal proceedings against prediction market platforms, while one state has moved to ban them.

SpaceX, OpenAI valuations would mean they leapfrog Berkshire Hathaway on first day of trading

Traders on prediction market Polymarket think SpaceX, OpenAI and Anthropic on their first day of trading will surpass valuations of at least $1.4 trillion.

Retail investors get direct access to SpaceX IPO through major brokerage platforms

SpaceX's blockbuster public offering is giving everyday traders access that has traditionally been reserved for Wall Street's biggest clients.

Japan’s megabanks post record profits, but analysts warn growth may slow as risks mount

Japan's largest lenders may face some challenges to keep profit levels at record highs, amid higher credit costs and current geopolitical risks

OpenAI takes the lead in AI IPO horse race: 'Getting to public markets first is very important'

It comes after reports that the AI giant and ChatGPT owner is set to file confidentially for an IPO as soon as this week.
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