Kalshi, Polymarket lobby as insider trading, betting eyed by Congress
Prediction markets have boomed, inviting increased scrutiny from regulators and Congress.…
Category: Business & Finance
Atkins Faces Ticking Clock as He Reshapes Rules for Wall Street
When Paul Atkins took the helm of Wall Street’s top regulator, he came with a long to-do list:…
Pimco Bond Purchase Signals Possible Thaw in Private Credit Winter
Bloomberg's Bruce Douglas discusses the recent developments in the private credit market, highlighting significant institutional activity. Pimco's purchase…
Inflation watch: High oil prices boost the cost of imports again. How long will the pain last?
The cost of imported goods rose sharply in March for the third month in a row, heralding further…
Double Blockade Keeps Hormuz Shipping at Fraction of Peace Level
Shipping through the Strait of Hormuz, the waterway that’s become a focal point for the global economy, stayed…
Donald Trump renews threat to fire Federal Reserve chief Jay Powell
US president insists Justice Department will not drop criminal probe into central bank chair…
Demand for Colombia LNG Shipments Set to Surge Ahead of El Niño
Colombian power plants are preparing to ramp up liquefied natural gas imports ahead of an expected El Niño,…
US banks make record buybacks on Trump’s looser rules and choppy markets
Six largest lenders spend $33bn on shares, smashing market forecasts…
S&P 500 on Pace for Record Close as Ceasefire Rally Continues
The S&P 500 Index is on track to close at its first record since January, as traders bid…
This financial model says the Netherlands is the best bet to win the FIFA World Cup
The man who predicted the tournament’s last three winners says you need to understand the risks of gambling…