News

Blockchain.com seeks U.S. approval for prediction markets, crypto derivatives trading

Blockchain.com is seeking CFTC designation and registration to offer U.S. event contracts and cryptocurrency derivatives.

Tokenization could unleash tens of billions of dollars in trapped capital, Nasdaq CEO says

Nasdaq CEO Adena Friedman said tokenization could free up tens of billions of dollars in trapped capital.

Little relief expected for gas prices ahead of Election Day, according to prediction markets

Gas prices are expected to remain above $4 per gallon on Nov. 3, according to traders on prediction market platform Kalshi.

After a yearslong slump, China's real estate market may be set for a turnaround

A recovery in China's largest cities real estate markets could come as soon as next year, the S&P ratings agency said.

Huawei doubles down on smartphones as EV sales slow

Chinese tech company Huawei wants to rebuild its consumer business after U.S. sanctions halved segment revenue.

Fed officials see another hike coming, but no sign as to when, minutes show

The Federal Reserve on Wednesday released minutes from its Sept. 15-16 policy meeting.

Why AI is both the hope and the hazard for world leaders, according to IMF chief Georgieva

Kristalina Georgieva warns that the technology lifting growth hopes is also pushing up inflation and yields, just as public debt levels rose.

Chart: A look at the S&P 500's remarkable and defiant trip to a new record

The S&P 500 returned to an intraday record Tuesday as tech gains, easing oil prices and Treasury yields helped stocks overcome months of market shocks.

How event contract bundles are boosting volume on prediction markets

Combo contracts are driving volume growth even as they make up a small, albeit consistent, share of transactions.

Goldman: Diesel prices set to stay high through 2027 as refineries struggle to meet demand

Goldman Sachs says tight refinery capacity could keep diesel prices elevated through 2027, with high margins needed to curb demand and rebuild inventories.

House Democrat targets candidate prediction market trades after opponent’s Kalshi penalty

A new bill bans federal candidates from trading prediction market contracts related to their own elections and would result in a fine if violated.

Brazilian stocks jump as Bolsonaro now seen as heavy favorite to win presidency

The moves come after the first round results of Brazil's presidential election on Sunday. Bolsonaro will face incumbent Lula da Silva in a run-off on Oct. 25.
1 … 4 5 6 7 8 … 283