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Latest Financial News
Minneapolis Fed President Neel Kashkari says he expects a rate hike this year
Kashkari said he sees a hike likely this year as the economy continues to feel the hit from spiking inflation.Read More...
OpenAI is reportedly delaying its IPO. Here’s when Kalshi traders think it will announce
Speculators think the OpenAI IPO will come early next year, with only one-in-three odds it happens in 2026 but a high likelihood it is done by June 2027.Read More...
Jeremy Grantham says this is ‘the most expensive market in ‘American history’
Jeremy Grantham says soaring valuations around AI makes the U.S. stock market historically expensive.Read More...
Warsh reaches within the Fed for latest advisory appointments
Warsh has added two more key advisors as he seeks to remake how the central bank approaches the economy and monetary policy.Read More...
Polymarket annualized revenue surpasses $1 billion six weeks after its U.S. exchange launch
World Cup trading and the end of its U.S. waitlist are driving rapid growth for Polymarket's prediction market platform.Read More...
Chicago Fed President Goolsbee says inflation is too high, calls Warsh ‘a serious guy’
In a live CNBC interview from his home district, the policymaker declined to speculate on where he thinks interest rates are headed.Read More...