CFTC sues Kentucky over prediction markets enforcement actions; first 'red state' to face such lawsuit
The commission has now sued nine states in its battle to defend what it sees as its exclusive right to regulate event contracts.
New meme stock Wendy's soars 30% with trading halted at one point
While management changes can influence investor sentiment, the magnitude of the move suggests other forces may be at play.
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South Korea's biggest chipmaker SK Hynix plans to raise $29 billion via Nasdaq listing as soon as July 10
The company plans to issue 17.79 million new shares at a value of 45.45 trillion won ($29.65 billion).
OpenAI unveils first chip as part of Broadcom deal in effort to 'build the full stack'
Eight months after announcing a custom chip deal, OpenAI and Broadcom are revealing their first joint project: Jalapeno.
Treasury Secretary Bessent says U.S. GDP growth can return to 3% before end of the year
Bessent sees his "3-3-3" plan as still in reach - 3% growth, a 3% deficit-to-GDP rate and a 3 million barrels per day increase in oil production.
U.S. crude oil dips below $70 as tankers transit Strait of Hormuz
U.S. President Donald Trump intensified pressure on oil companies to lower gasoline prices following the recent decline in crude.
The biggest wealth transfer in history is here: How the next generation will spend the trillions
The greatest wealth transfer is underway, and heirs who are set to inherit are preparing to use the money very differently from the generations that b...
U.S. Treasury will oversee frozen Iranian funds when they're released, Bessent says
Treasury Secretary Scott Bessent said once Iranian frozen assets are released, they will be overseen by Treasury and routed largely to U.S. agricultur...
Polymarket-backed platform boosts funding to root out insider trading on prediction markets
A Polymarket-backed platform raised $1.5 million in a funding round to help build tools to detect suspicious trading activity.
Democrats see midterm hope in reliably red Iowa as Trump approval ratings sag
The path back to a House majority could run through states such as Iowa, where Democrats in recent elections have struggled to win over rural voters.
Kalshi CEO says prediction market thinking about IPO, but not for this year
Tarek Mansour said to CNBC's "Squawk Box" it made sense for the company at the stage to think about a debut on public markets.
Tech stocks try to rebound after global AI sell-off batters chip companies
Technology stocks mostly rebounded on Wednesday amid choppy trading following a global selloff in the previous session.
Qualcomm inks deal for AI startup Modular to bolster software stack, data center buildout
Qualcomm is looking to expand its position in the data center market as AI demand skyrockets.
Three New York Democrats backed by Mamdani win House seat primaries; 2 incumbents lose
Two candidates backed by the Democratic Socialist of America won their primaries, a year after the DSA-backed Zohran Mamdani won New York mayor's race...
We're buying the dip in a stock that we have been itching to get bigger in
The selloff is finally giving us a chance to build up this tiny position around our initial cost basis.
Trump claims Iran has assured U.S. there won't be tolls on the Strait of Hormuz
There will be no tolls, insurance costs, or charges of any kind for ships looking to pass through the Strait of Hormuz, Trump said.
Train passed red signal before fatal crash - report
A preliminary report from the Independent Rail Accident Investigation Branch is published.