News

Robinhood is rolling out NFL parlay and prop bets on prediction markets platform

Robinhood announced Tuesday that users will be able to trade on National Football League games and player performances.

Nasdaq moves to make trading nearly 24 hours. Why some on Wall Street say that's a bad idea

Critics argue that formalizing nearly nonstop trading could worsen some of the very problems that plague the structure of equity markets today.

Kevin Warsh moves ahead in Fed chief race on Kalshi after Hassett pushback

Traders marked Warsh as the narrow favorite to replace Jerome Powell, assigning him roughly a 46% chance of nomination, compared with about 39% for Hassett.

Startup backed by Altman, JPMorgan announces capital lending partnership with Amazon

Slope, an AI lending platform backed by JPMorgan Chase, told CNBC exclusively that it is launching a partnership with Amazon's independent sellers.

Hassett's Fed chair candidacy received pushback from high-level people close to Trump, sources say

There's concern that the National Economic Council director is too close to the president.

Goldman Sachs makes big bet on ETFs specializing in downside protection

Goldman Sachs Asset Management is making a big bet on defined outcome exchange-traded funds — which use options to help protect against market losses.

Hassett Fed chair odds fall, Warsh chances surge on Kalshi after Trump comments

Warsh's odds jumped to as high as 40% after Trump told the Wall Street Journal that Warsh has risen to the top of his list to be the next chair of the Fed.

Coinbase to soon unveil prediction markets powered by Kalshi, source says

A source told CNBC that Coinbase will soon unveil prediction markets, powered by Kalshi, underscoring the firm's push to fulfill its "everything exchange" vision.

For investors all-in on Magnificent 7-led market, 'equal weight' is trending as stock call for 2026

With the S&P 500 Index concentrated in a handful of tech stocks, the equal-weight market approach is getting more attention in portfolio planning for 2026.

Fed's Goolsbee explains vote against rate cut, says central bank should have waited

Chicago Federal Reserve President Austan Goolsbee spoke Friday morning on CNBC.

Fed votes to reappoint all of its regional bank presidents

The Fed on Thursday reappointed 11 of its 12 regional bank presidents, ending a mini-drama at in a move that came a bit earlier than usual.

VanEck turns online slang into strategy with 'Degen Economy' ETF

The firm is renaming its gaming ETF (BJK) the "VanEck Degen Economy ETF."
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