Tag: Breaking News: Markets
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Stock futures are little changed after Wall Street suffers losing week: Live updates
The three major averages posted weekly losses last week.
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Kalshi adds 3 million new users as prediction market capitalizes on the World Cup
The prediction market has launched some ads featuring soccer players, as well as formed a partnership to display its brand in more places during the tournament.
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American Airlines CEO lays out his vision to close a more than $3 billion profit gap
The carrier is working on improving reliability, investing in more premium seats and lounges, and considering Boeing and Airbus for a new wide-body plane order.
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The AI rotation stole the spotlight from a strong start to earnings season
The AI trade dominated the market once again this week, upstaging an impressive start to the second-quarter earnings season.
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Two unexpected revelations in Warren Buffett’s CNBC interview
Warren Buffett tells CNBC that Bill Gates’ ties to Jeffrey Epstein didn’t drive his termination of donations.
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‘WarshGPT’: How Wall Street is adapting to the Fed’s new era of communication
Investment firms are readying for an era with less public commentary from the U.S. central bank. Some are relying on AI for an edge.
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How are prediction markets taxed? The IRS hasn’t provided guidance yet
Experts say the lack of federal guidance makes it’s unclear on how prediction markets winnings should be reported and levied.
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Korean beauty products are becoming mainstream in the U.S. Why there may be even more growth ahead
Morgan Stanley forecasts that K-beauty sales in the U.S. can reach approximately $4 billion in 2026.
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Iraq and Syria sign agreement to restore oil pipeline that would provide alternative to Strait of Hormuz
Iraqi Prime Minister Ali al-Zaidi is visiting the U.S. this week. He met with President Donald Trump at the White House on Tuesday.
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Oil tankers face ‘worst case scenario’ in Hormuz as Iran steps up attacks on ships, maritime risk CEO says
One seafarer was killed and three were injured in attack on the crude oil tanker Al Bahyah off Oman’s coast on Tuesday.
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