Tuesday, 22 September 2026
Independent coverage of global markets, trade and finance
A series of task forces designed to bring outside thinking to the Federal Reserve will include the "best minds," Chairman Kevin Warsh said Thursday. For a task force that could be especially consequential for the Fed's …
CNBC's Jim Cramer said Thursday that SK Hynix's upcoming Nasdaq debut will give U.S. investors a new way to bet on the artificial intelligence boom, but warned the South Korean memory-chip giant comes with significant r…
M&A in the energy sector is soaring as developers of AI projects look to bypass the growing practical and regulatory hurdles to launching new power generation projects.
Fidji Simo, OpenAI's product and business chief, on Thursday announced she is stepping down from her role at the artificial intelligence company to focus on recovery after a "severe exacerbation of a chronic illness."
January 20, 2025. Donald Trump walks back into the White House. Bitcoin is touching $109,000. Gold is steady at $2,697 an ounce. And a meme coin bearing the president's name is a few days old and trading around $35, alr…
Insider trading is an emerging risk in the new world of prediction markets, and some companies – including Goldman Sachs – are taking steps to limit employees' trades on the platforms.
While financial desks obsess over paper structures and Brent crude briefly flirted with contango, the broader market is missing the forest for the trees. Brent crude's recent rebound from $71 to $79 a barrel is not mere…
For 48 hours in Ankara, Turkey, it felt as though the world was moving on Donald Trump's timetable.
Suburban Propane Partners L.P. is a publicly traded master limited partnership. Headquartered in Whippany, New Jersey, it has been engaged in the retail propane business since 1928. The partnership serves approximately …
Federal Reserve policymakers are split on the path for interest rates — and Kalshi traders also seem to be divided, seeing just over 50% odds of a hike this year.
Tech bulls may not have to wait much longer for fresh highs, if the single-biggest trade in the Invesco QQQ Trust ETF on Thursday is any indication. The trader spent $24 million on a three-part call spread that needs th…
With the U.S. and Iran exchanging strikes once again — and the return of normal traffic flows in the Strait of Hormuz in doubt — traders on prediction market platform Kalshi think gas prices will likely still be elevate…
Three-time U.S. Olympic canoeist David Hearn pleaded not guilty on Thursday to a felony charge for allegedly ripping up sealant in the National Mall's Reflecting Pool in Washington.
The airport in West Palm Beach, Florida, has officially been renamed after President Donald Trump, the first time an airport has been named after a sitting U.S. president.
Federal Reserve Chairman Kevin Warsh on Thursday released names of the experts who will comprise five task forces to examine the institution's operations — a list that includes several prominent Wall Street names, busin…
Options action suggests that it can continue, with VIX at recent lows and a slowdown in the wild speculative call-buying in tech that was pulling the market quickly in both directions. To an extent, that's just the summ…
Anduril CEO Brian Schimpf said the defense tech company is in no hurry to go public given the current market conditions.
Palo Alto Networks CEO Nikesh Arora warned that token costs need to drop as much as 90% to promote large-scale artificial intelligence adoption.
The major indices are higher at midday. Chip stocks are up and that's lifting the mood on Wall Street, this while investors wait to see what happens with the Iran and U.S. ceasefire. Crude oil is at $72 per barrel, the …
July 9 (Reuters) - A group of newspapers including the New York Times and New York Daily News asked a federal court in Manhattan on Thursday to sanction OpenAI in their high-stakes copyright dispute for allegedly lyin…
Wheat is showing slightly mixed trade on Thursday, with Chicago holding higher. The wheat complex closed the midweek session with weakness across the three markets. Chicago SRW contracts closed with Wednesday losses of …
AES Corp., based in Arlington, Virginia, is an independent global power company. In addition, the company owns three regulated utilities in the U.S. It generates approximately 32,000 megawatts of electricity. AES has op…
The soy market faded on Friday as beans went into the weekend with 12 3/4 to 20 1/2 cent losses. The August contract was pushed the hardest before the delivery period. November closed the week as a net 19 1/4 cent loss.…
Anthropic on Thursday announced that it has appointed Ben Bernanke, the former chair of the Federal Reserve, to its Long-Term Benefit Trust, the company's independent governance structure that advises the company and ap…