Tag: business news
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Americans’ debt problems are flashing a warning not seen since the Great Recession
Researchers found that while wealth disparities narrowed somewhat, the ability to meet debt payments deteriorated significantly.
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Bull market turns four next week. Rallies that make it this far usually keep going
With all the consternation around bond yields and energy prices, Wall Street could use some positive news.
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Tech stocks’ resilience has puzzled investors. The options market could hold some clues
In the options pits, traders are the most prepared for a tech pullback since early Summer.
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Blockchain.com seeks U.S. approval for prediction markets, crypto derivatives trading
Blockchain.com is seeking CFTC designation and registration to offer U.S. event contracts and cryptocurrency derivatives.
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Ferrari’s chairman is bullish on AI. He’s less certain how businesses will cash in
Ferrari chair John Elkann played down AI bubble fears, but acknowledged investment in the technology could outpace revenue generation.
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Kalshi traders see high odds that more than 5,100 data centers will be planned or operating before 2027
Despite the growing backlash against data centers, Kalshi odds show the buildout will continue to expand.
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Treasury’s Bessent hires Trump’s controversial former Fed board pick, Judy Shelton, as adviser
Shelton’s controversial economic ideas led the Senate to block her nomination to the Federal Reserve. Now she’s be a counselor to the Treasury secretary.
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American Express is set to rebound thanks to strong demand for premium credit cards, says BMO
The bank initiated coverage of the credit card stock with an outperform rating.
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Nobel winner Krugman says France may have become ‘too big to save’
Economist Paul Krugman sounded the alarm on a looming “ugly crisis,” while former ECB head Jean-Claude Trichet said French politicians must compromise.
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For the final 10% of cystic fibrosis patients, the breakthrough still hasn’t come
For the final 10% of cystic fibrosis patients who cannot benefit from breakthrough drugs, Emily’s Entourage is funding research to find treatments.
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