News

Coinbase trading results may fall short of expectations, according to prediction markets

Speculators think in the company's second quarter earnings report, it will show trading volume fell for a third consecutive quarter.

China's car market heads for worst year since 2021 as sales plunge 20%

Consumer demand for cars in China tumbles following record-high sales of 23.7 million units in 2025.

Kalshi adds 3 million new users as prediction market capitalizes on the World Cup

The prediction market has launched some ads featuring soccer players, as well as formed a partnership to display its brand in more places during the tournament.

'WarshGPT': How Wall Street is adapting to the Fed's new era of communication

Investment firms are readying for an era with less public commentary from the U.S. central bank. Some are relying on AI for an edge.

India's biggest IPO this year rakes in bids worth $31 billion, powered by institutional frenzy

The IPO of India's largest asset manager closed on Thursday, drawing keen interest from institutional investors.

Dallas Fed President Logan calls for 'modestly' higher interest rates

The policymaker said this week's good inflation news wasn't good enough.

Short sellers load up against SpaceX as stock retreats back to IPO price

About 185 million SpaceX shares are now sold short, representing roughly 29% of the company's publicly tradable float, according to S3.

Sen. Warren says Trump's CFPB overhaul has cost Americans $26.5 billion

Sen. Elizabeth Warren says the Trump administration's rollback of CFPB rules and enforcement has cost Americans up to $26.5 billion so far.

Anthropic moves closer to mega-IPO as bankers line up investor meetings

Anthropic is lining up investor meetings ahead of a potential IPO as soon as October as the AI startup behind looks to beat rival OpenAI to the public markets.

Watch Fed Chairman Kevin Warsh testify live before Senate banking committee

Part of congressionally mandated Capitol Hill appearances for the central bank leader, Warsh spoke Tuesday to the House Financial Services Committee.

New York Fed President Williams says inflation has peaked, rates 'well positioned'

Williams cited five reasons why he expects the latest price surge has run its course.

Warren Buffett on the market today: 'It's tough to find values when everybody is preferring gambling'

The investor has been sharply critical of the stock market, one that he says is increasingly defined by speculative trading as opposed to long-term investing.
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