News

Coinbase to soon unveil prediction markets powered by Kalshi, source says

A source told CNBC that Coinbase will soon unveil prediction markets, powered by Kalshi, underscoring the firm's push to fulfill its "everything exchange" vision.

For investors all-in on Magnificent 7-led market, 'equal weight' is trending as stock call for 2026

With the S&P 500 Index concentrated in a handful of tech stocks, the equal-weight market approach is getting more attention in portfolio planning for 2026.

Fed's Goolsbee explains vote against rate cut, says central bank should have waited

Chicago Federal Reserve President Austan Goolsbee spoke Friday morning on CNBC.

Fed votes to reappoint all of its regional bank presidents

The Fed on Thursday reappointed 11 of its 12 regional bank presidents, ending a mini-drama at in a move that came a bit earlier than usual.

VanEck turns online slang into strategy with 'Degen Economy' ETF

The firm is renaming its gaming ETF (BJK) the "VanEck Degen Economy ETF."

Goldman Sachs leads investment in software delivery startup Harness at $5.5 billion valuation

Harness CEO Jyoti Bansal wants to eventually take Harness public after he sold his previous startup, AppDynamics, to Cisco just before a planned IPO.

Night owl bitcoin traders: Soon there'll be an ETF just for you

If approved, the Nicholas Bitcoin and Treasuries AfterDark ETF would buy and sell bitcoin-linked financial instruments outside U.S. trading hours.

Here are the five big takeaways from Wednesday's Fed rate decision

The Fed approved a much-anticipated quarter percentage point interest rate cut at a meeting that was packed with intrigue and surprises.

The Fed is the most divided it's been in more than six years

Three members of the Federal Open Market Committee didn't agree with the central bank's quarter percentage point cut on Wednesday.

Divided Fed approves third rate cut this year, sees slower pace ahead

The Federal Reserve on Wednesday made its final final interest rate move of the year.

Here's what changed in the new Fed statement

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in October.

Fed still forecasts just one rate cut for next year

The central bank's so-called dot plot indicates a median estimate of 3.4% for the federal funds rate at the end of 2026.
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