News

CFTC to set 'clear rules' over booming prediction markets sector

Prediction markets surge in popularity as platforms like Kalshi and Polymarket expand nationwide, drawing regulatory attention and reshaping event-based trading in the US.
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The greenback continues to slide as global risk stacks up

The US dollar continues to slide to near four-year lows as global risk rises, pressuring markets and boosting gold, with investors eyeing safer, diversified assets.
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Another shutdown is looming, and this one could play out differently

Another government funding deadline is already rapidly approaching, and investors are bracing for a political standoff that could ripple through financial markets.
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Gold at $5K is a win for gold bulls and a warning sign for everyone else

$5k gold price is a signal that something deeper is unsettling investors
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Sell America? Wall Street isn’t so sure

Institutional investors aren't rushing into a “sell America” trade despite the global political backlash
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This Fed week could be more dramatic than expected — here's why

It’s a big week for central bankers but not because investors expect another rate cut out of Wednesday’s FOMC meeting.
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Trump sues JPMorgan and Jamie Dimon over 'debanking' claim

The president accuses the bank of closing his account after Jan. 6 riot in 2021
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A global chip shortage that isn’t easing anytime soon

Micron (MU) says the global chip shortage will persist through 2027, as soaring AI demand strains memory supply and drives its urgent expansion in Taiwan.
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‘Trump is going after the housing market’ and mortgage rates plunge

Mortgage rates slide to three-year lows as Trump targets housing affordability.
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Huang stays, Ellison leaves: California’s billionaires turn on each other

Nvidia CEO Jensen Huang says he’s “perfectly fine” paying billions to stay in California. Other tech billionaires aren’t.
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Year one of Trump presidency was brutal for job seekers

A promised manufacturing boom has yet to materialize, as hiring stalls, unemployment ticks up, and blue-collar workers bear the brunt of a divided economy.
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A K-shaped recovery is still crushing America’s working class

Higher earners are pulling further ahead while low-income households face rising costs and weaker wage growth, raising questions about who the U.S. economy is really working for.
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Trump’s blue-collar base is getting crushed by a ‘booming’ economy

Manufacturing is in its longest downturn since the financial crisis, job losses are spreading across industrial sectors, and the workers who powered Trump’s rise are paying the price.
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'A sign of desperation'—Venezuela and the petrodollar endgame

Economists are framing a stunning U.S. raid on Nicolás Maduro as a last-ditch effort to defend dollar dominance as global de-dollarization accelerates.
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Democratic lawmaker demands hearing over SEC's crypto policies

Rep. Maxine Walters wants the House to bring Paul Atkins in questioning
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Worst trade of the century? Canada sold gold at the worst possible time

Canada liquidated its bullion decades ago. As global central banks stockpile gold and prices surge, the country stands alone among G7 peers with nothing in reserve.
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Copper sends a warning shot across markets, economist says

Copper’s surge to record highs is sending a louder inflation signal than official data suggests.
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The U.S. economy didn’t boom in Q3, health insurance did

Behind the eye-popping Q3 GDP number lies a troubling truth: growth was driven less by consumer strength than by surging insurance costs and statistical distortions.
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