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Kalshi bettors see Powell staying on as Fed governor after chair term ends

Bettors on the platform don't think Powell will leave until August. If he stays on until then, he'd attend two more meetings of the FOMC.

Bill Ackman's $5 billion Pershing Square IPO to start trading, testing Berkshire-style vision

The listing gives public investors their first direct stake in Ackman's investment platform, which runs a concentrated portfolio of 10 large-cap names.

Startup Blockworks wants to become the crypto equivalent of Morningstar. How it plans to do it

Blockworks wants to position itself as the main data provider for the world of digital assets in a bid to attract more investors to the asset class.

Here's everything to expect when the Fed issues its latest interest rate decision Wednesday

In what could be Jerome Powell's final meeting as Fed chair, he and his fellow policymakers are likely to continue their cautious approach.

Jamie Dimon warns of 'some kind of bond crisis' ahead as global debt risks build

Dimon, who runs JPMorgan Chase, the world's largest bank by market cap, said that today's growing mix of risks could combine in unpredictable ways.

Meta shares look 'iffy' into earnings. How to trade it

Meta heads into earnings Wednesday after the bell with the fundamentals case largely intact. But the technicals are a bit shaky.

OpenAI reportedly missed revenue targets. Shares of Oracle and these chip stocks are falling

OpenAI has recently missed its own projections for user growth and revenue, the WSJ reported.

'Draconian development' in Meta-Manus deal draws the line in China's AI race with the U.S.

Beijing's decision to block Meta's acquisition of Manus is a warning to other startups thinking of relocating data, talent and intellectual property abroad.

Saba Capital finds little appetite for tender offer of shares in Blue Owl, Starwood private credit funds

Investors' disinterest in getting liquidity at a steep discount comes amid a quarter that saw elevated redemptions across most private-credit, non-traded BDCs.

Ray Dalio says Kevin Warsh shouldn't cut interest rates in a ‘stagflation’ era

Dalio said that if Kevin Warsh were to cut rates, it would risk damaging confidence in the central bank at a critical moment.

This bank CEO let his AI clone handle an earnings call — now he's signing an OpenAI deal

It's part of Customers Bank CEO Sam Sidhu's effort to get ahead in the industry's race to transform itself using AI agents as a new digital workforce

This little-known ETF is up over 600% amid U.S.-Iran war, a better trade than oil or energy stocks

The Breakwave Tanker Shipping ETF (BWET) has surged more than 600% since the beginning of the year, vastly outperforming crude oil and energy stocks.
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