News

Kalshi asks CFTC to allow margin trading on its platform, letting users buy with borrowed funds

It's the latest move by the company as it and other event contract exchanges seek to gain greater participation by institutional traders.

Here's who we know is going to the Trump-Xi dinner so far

Very little is known about which Chinese business executives, if any, are expected to attend.

Jamie Dimon says hyperscaler AI spending could hit $1 trillion next year

JPMorgan CEO Jamie Dimon says AI spending across the hyperscaler ecosystem could reach $1 trillion next year as investment continues to surge.

‘It's awful’: How tariffs, soaring fuel costs and higher interest rates are squeezing American companies

Tariffs, soaring fuel prices and higher interest rates are squeezing American companies, particularly manufacturers, auto suppliers, retailers and transportation businesses.

Three words from Kevin Warsh have Wall Street wondering how far the Fed will go with rate hikes

The chairman both explained this week's decision to raise interest rates, and raised vexing questions about what comes next

Warren Buffett stepping down as chairman of Berkshire Hathaway: 'Father Time always wins'

Buffett's son, Howard, will replace him as chairman as dictated by a long-standing succession plan, Berkshire said.

Securitize jumps after regulators greenlight some tokenized U.S. stock trading

Securitize surged Thursday after federal regulators greenlit the issuing of tokenized stocks on some trading platforms in the U.S. 

A Chinese AI company just connected its model to Wall Street's leading data providers

The startup Moonshot said it signed on financial industry giants from investment bank CICC to venture capital firms

OpenAI and Anthropic are making 10 times more revenue than all Chinese AI models combined, research group Rhodium says

Rhodium Group's latest analysis of Chinese and U.S. AI companies also found that low revenue did not necessarily correspond with lower valuation.

Here are five key takeaways from Wednesday's Fed rate hike

The Fed on Wednesday delivered a much-expected interest rate hike.

Fed approves interest rate hike, signals one more to come this year

The Federal Reserve on Wednesday approved its first interest rate hike since 2023 and indicated another to come.

Here is what changed in the new Fed statement under Warsh

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