News

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.

Gaming association says states have lost $1 billion in tax revenue due to prediction markets

Bill Miller, American Gaming Association president and CEO, added that prediction market platforms in his view amount to "backdoor sports betting."

Nio surges 9% after releasing first flagship EV in more than two years

Chinese electric car company Nio has launched two lower-priced brands in the last two years to broaden its customer base in a sluggish Chinese consumer market.

Google employee charged with $1M Polymarket insider trading bet on search term

The complaint from the Southern District of New York comes just over a month after another insider trading case on Polymarket.

Traders are skeptical of Iran timeline for Strait of Hormuz reopening

Despite reports Iran could return the passageway to normal traffic flows within a month of a peace deal, Kalshi traders thought that was unlikely.

Jamie Dimon says JPMorgan Chase could spend $20 billion on acquisition: 'We are on the lookout'

A $20 billion deal would be among the largest in JPMorgan's history and could invite regulatory scrutiny given its position as the largest U.S. bank by assets.

Your AI agent can now trade for you on Robinhood. And buy stuff with your credit card too

The new products allow customers to create AI assistants capable of carrying out investing strategies or spending instructions with minimal human involvement.

Taiwan chip stocks climb after Nvidia announces $150 billion spending plans

Mainland China-based chip giants such as Cambricon saw their shares tumble on Wednesday.
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