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Warsh reaches within the Fed for latest advisory appointments

Warsh has added two more key advisors as he seeks to remake how the central bank approaches the economy and monetary policy.

Polymarket annualized revenue surpasses $1 billion six weeks after its U.S. exchange launch

World Cup trading and the end of its U.S. waitlist are driving rapid growth for Polymarket's prediction market platform.

Chicago Fed President Goolsbee says inflation is too high; Williams sees price pressures easing

In a live CNBC interview from his home district, Goolsbee declined to speculate on where he thinks interest rates are headed.

Bond ETF flows surge in hunt for yield: 'Market sniffing out something here,' says BlackRock exec

Bond investors are abandoning aggregate benchmarks in favor of a broad mix of fixed-income investments to maximize yield with the stock market on edge.

JPMorgan names Doug Petno and Troy Rohrbaugh co-presidents as longtime exec Marianne Lake exits

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Wendy's shares soar for a second day as retail investors pile into their new meme darling

The stock's advance appeared largely disconnected from company fundamentals and instead reflected a burst of social-media enthusiasm.

Investors still seek a human touch even with AI tools at hand: HSBC

Investors are still turning to the judgment of a professional adviser in their last investment decision, despite using AI tools, a HSBC survey found.

JPMorgan Chase unveils $50 billion buyback, Goldman Sachs raises dividend after Fed stress test

The announcements followed the release of the Federal Reserve's annual stress test, which found that all 32 large banks weathered a hypothetical recession.

Federal Reserve says U.S. banks can withstand $708 billion in losses amid overhaul of capital rules

The Fed's annual exercise comes at a pivotal moment for bank regulation because, unlike previous years, the results will not affect capital requirements.

Kalshi CEO says prediction market thinking about IPO, but not for this year

Tarek Mansour said to CNBC's "Squawk Box" it made sense for the company at the stage to think about a debut on public markets.

Wendy's stock soars 30% as meme traders target another turnaround play

While management changes can influence investor sentiment, the magnitude of the move suggests other forces may be at play.

CFTC sues Kentucky over actions against prediction markets, making it first red state to face federal scrutiny

The commission has now sued nine states in its battle to defend what it sees as its exclusive right to regulate event contracts.
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