States can regulate prediction markets as gambling, federal appeals court rules
A federal appeals court ruled Friday that states can regulate prediction markets like gambling, dealing a major blow to the booming industry.
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Jefe de la Vivienda asegura que crisis de agua no ha retrasado la reconstrucción y destaca avances en proyectos municipales
A la convención para atender este tipo obras –con fondos federales–, solo asistieron 34 de los 78 alcaldes, incluidos…
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Guggenheim affiliate buys up debt linked to its asset management arm
Loan has been closely watched as a proxy for Mark Walter’s private-held investment firm
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The Mexican peso’s strong run hits a snag following US inflation worries
For the first time in eight days, the peso moved above 17 to the dollar, a weakening that was directly attributable to…
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Trump keeps Artemis II astronauts waiting for their medals after he arrives late and then speechifies about what he’ll build next
Trump, who was nearly half an hour late to the Texas ceremony, also wound up in the awkward position of presenting the…
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With the US and Canada locked in a trade war, fears of a recession lurk
Analysts say Canada may lose 100,000 jobs under the current tariffs and could go into recession if the USMCA pact ends.
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IMF's Georgieva on Warsh's Speech, 'Stubborn' Inflation
IMF Managing Director Kristalina Georgieva says Federal Reserve Chairman Kevin Warsh "did a great job" in his Jackson…
Read at source →Billionaire Gilinski, GeoPark Said to Be Near Venezuela Oil Deal
Colombia’s richest family is nearing a Venezuela oil deal in conjunction with GeoPark Ltd, a Bogota-based oil company…
Read at source →Tariffs Could Bring Canada Auto "To Its Knees"
President Trump vowed this week to hike tariffs on Canadian cars, trucks, automotive parts, and steel to 50% at the…
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LISTEN: Holywater Tech Chief Bogdan Nesvit on the Explosive Growth of Microdramas: ‘Studios and Creators are Knocking on Our Doors’
On today’s episode of Variety‘s “Strictly Business,” Bogdan Nesvit, co-CEO and co-founder of Holywater Tech, details…
Read at source →Por qué EE.UU. está detrás de una parte del petróleo de Venezuela
Aunque Venezuela ya no es la gran potencia petrolera que fue en el pasado, el país cuenta con algunas de las mayores…
Read at source →Odd Lots: What’s Behind the Classic Jackson Hole Photo Op?
For years, the Fed chair would give an address in Jackson Hole, Wyoming, and Wall Street and news organizations…
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DOJ is turning to an ancient body of law to capture Iranian oil tankers. It’s been so long since the U.S. used it, ‘we’d have to conduct a séance’
The Justice Department is reviving prize law, a centuries-old set of rules that could streamline the process of seizing…
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Tim Draper, the SpaceX and Tesla investor, is selling his $7.9M private island in Tanzania
Tim Draper is selling his island in Lake Tanganyika for $7.9M or best offer, announcing it himself on X and inviting…
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Key takeaways from Fed Chair Warsh’s closely watched speech in Wyoming
Federal Reserve Chairman Kevin Warsh spoke with investors and economists at the Jackson Hole Economic Symposium on…
Read at source →The Science Behind The Markets | Masters in Business with David Booth
Barry speaks with David Booth, founder and chairman at Dimensional Fund Advisors and author of Stay Calm. They discuss…
Read at source →Many of the Chinese bots X says posted anti-data-center content had no followers or engagement, a researcher found
A researcher at Clemson said Chinese bot accounts are not moving the needle in the US data center debate. Jay…
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Why Are Yields on U.S. Treasury Bonds Rising?
The fluctuations could have huge impacts on the U.S. and global economy.
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S&P 500 falls Friday after Fed’s Warsh highlights inflation worries, but index posts positive week
The three major indexes posted winning weeks.
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Canadian tariffs top of mind along New York’s northern border
In parts of New York’s 21st Congressional District, Canadian trade and tourism make up key aspects of the local…
Read at source →Threat of a Fed Rate Hike Is Changing the Leadership in Markets, Slimmon Says
Andrew Slimmon, managing director and head of applied equity advisors at Morgan Stanley, says he's happy with what…
Read at source →Funds Add Bullish Gasoline Bets at Fastest Pace in Six Months
Hedge funds boosted their bullish wagers on US gasoline by the most since the US-Iran war began, Commodity Futures…
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Bessent attacks Warren over yen intervention query, offers ‘Foreign Exchange for Dummies’ lesson
Treasury has not disclosed how much yen it bought, the execution rate or the current value of the position, despite…
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Stocks wrap up winning week even as inflation becomes top of mind for investors
The inflation battle, as well as Nvidia earnings, captured investor attention this past week.
Read at source →US Stocks Close Lower After Warsh Speech | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube…
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Dolly Parton’s music, books and theme park see spikes in interest following her death
Dolly Parton, musician, actor and literacy advocate, died on Tuesday at the age of 80.
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Kevin Warsh gets what every Fed chair hopes for: a bond market that trusts his word
Kevin Warsh passed another big test as a new Federal Reserve chairman on Friday: He said the central bank still has…
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CEO of buy now, pay later giant Affirm says high gas prices are hitting U.S. shoppers
The national average price for gas is at $4.09 per gallon and was last below $3 on March 2.
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2-year Treasury yield jumps as Warsh says Fed may 'have work to do'
Investors assessed Federal Reserve Chair Kevin Warsh's hawkish message in his keynote address at Jackson Hole.
Read at source →Americans Feel Guilty About Spending Money on Fun
Bloomberg's Zijia Song joins Scarlet Fu and Tom Keene on "Bloomberg Money." Almost three-quarters of US adults feel…
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Corn and wheat prices jump to highest prices in more than three years
Corn and wheat futures have surged to their highest levels in more than three years. But the reasons for these recent…
Read at source →Pentagon Is in Talks With Venezuelan Mogul for Massive Oil Deal
The US government is pursuing a major stake in Venezuelan oil reserves via a potential partnership between the…
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Warsh in Wyoming speech: High inflation should be policy priority
Fed Chairman Kevin Warsh said the country's focus should be on lowering prices as inflation continues to stay elevated…
Read at source →Employers Abandon Group Insurance as Price Hikes Bite
Bloomberg's Taylor Nicole Rogers joins Scarlet Fu on "Bloomberg Money." As US employers brace for the largest price…
Read at source →47% Saw Real Wages Decline Due To Inflation: Richardson
Nela Richardson, chief economist & ESG officer with ADP and Bloomberg contributor, joins Scarlet Fu on "Bloomberg…
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