US regulator moves to drop appeal against Kalshi
The US Commodity Futures Trading Commission (CFTC) is seeking permission from the court to drop an appeal against prediction market…
Bitwise throws NEAR ETF in race for SEC approval with S-1 filing
Digital asset manager Bitwise has filed to list a spot Near exchange-traded fund with the US Securities and Exchange Commission,…
Trump administration to garnish wages of 5.3 million defaulted student loan borrowers this summer
The Trump administration is set to garnish the wages of the 5.3 million federal student loan borrowers in default in…
The Fed meets with uncertainty permeating the air. Here’s what to expect
Central bank policymakers can do little for now except sit and wait as events unfold. ...
U.S. oil production has likely peaked and will start to decline due to price plunge, Diamondback CEO warns
U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.…
Nvidia CEO says being locked out of China AI market would be ‘tremendous loss’
Nvidia CEO Jensen Huang told CNBC on Tuesday that the China AI market will be worth about $50 billion and…
Trump downplays tariff talks: ‘We don’t have to sign deals’
U.S. markets moved lower Tuesday after Trump's comments on trade deals. ...
OpenAI backs off push to become for-profit company
OpenAI abandoned its effort to shift to a for-profit corporate structure, instead opting for a public benefit corporation that will…
Treasury Secretary Bessent tells investors Trump’s policies will deliver ‘golden age economy’
Treasury Secretary Bessent spoke at the Milken Institute Global Conference and said the Trump administration's policies, including tax cuts and…