News

Greg Abel just made his first big deal as Berkshire CEO. Why Warren Buffett is happy

Berkshire's purchase of homebuilder Taylor Morrison gives the conglomerate a larger foothold in housing and appears to have been struck at a bargain valuation.

Individual traders drove Kalshi’s rise. Now, it’s going for Wall Street

In a series of moves in 2026, the prediction market platform in the U.S. is working to make its event contracts more attractive to institutional trading.

Rubio odds for GOP 2028 nominee close to overtaking Vance on Kalshi

Vice President Vance has seen his odds slip since the start of the year, as the secretary of State's chances have been buoyed by international conflicts.

Nvidia, Meta and Schlumberger rank among top companies adopting AI, new study says

The AI-Driven Enterprise Institute released new research that breaks down how well S&P 500 companies are adopting AI compared to their peers.

'Disrupted or dead': AI is crushing a generation of startups built before ChatGPT

The AI boom that has funneled more than $250 billion into OpenAI and Anthropic has left hundreds of startups built before ChatGPT's arrival in 2022 stranded.

Nvidia picks Unitree for humanoid robot platform as Chinese startup eyes IPO

The U.S. chipmaker's first publicly available humanoid robotics system will use humanoids from Chinese startup Unitree.

China’s factory activity beats forecasts in May, private survey shows, despite softer official data

China’s manufacturing activity expanded faster than expected in May, according to a private survey released Monday, although growth slowed from April.

Berkshire Hathaway makes $6.8 billion housing bet with Taylor Morrison deal

The acquisition marks one of the first major strategic deals under Warren Buffett's successor Greg Abel, who took over as CEO in the beginning of 2026.

Former Barclays CEO Jes Staley agrees to July 23 interview about Jeffrey Epstein by Oversight panel

Microsoft co-founder Bill Gates is scheduled to be interviewed about his relationship to the sex offender Jeffrey Epstein in June.

Two months, $2.6 billion: How NASA ETF turned SpaceX IPO access into a hot retail trade

With Elon Musk's SpaceX IPO ahead, retail investors are rushing into space-themed ETFs including NASA which offers direct access to the rocket company.

Fed Governor Michelle Bowman warns against hiking interest rates because of inflation spike

Bowman said reacting to the inflation surge, driven primarily by energy prices and tariffs, has proven ineffective.

CFTC sues Rhode Island over actions against prediction markets

It marks the seventh state the commission has sued in a dispute over who has the right to regulate event contract platforms.
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