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News
NFL and midterm elections set up prediction markets for a critical fall season
1+ day, 2+ hour ago (839+ words) Prediction markets that rode politics and sports to new heights the past two years are betting on their convergence this autumn to drive even more adoption. In 2024, event contract exchanges entered the mainstream with trades tied to the presidential election…...
Markets will absorb a rate hike if the cycle is shallow, says JPMorgan's Dubravko Lakos
2+ day, 18+ hour ago (28+ words) Dubravko Lakos, JPMorgan head of global markets strategy, joins 'Closing Bell' to discuss the expectations for the Federal Reserve, how markets will react and much more....
Meta has proven it can be competitive in the AI model space, says Intelligent Alpha's Doug Clinton
2+ day, 18+ hour ago (42+ words) Doug Clinton, Intelligent Alpha founder and CEO, joins 'Closing Bell' to discuss the latest action in tech stocks, Apple's latest product launch and much more. Meta has proven it can be competitive in the AI model space, says Intelligent Alpha's…...
I went to Caracas for Venezuela’s new oil deals. Here’s what stood out
2+ day, 21+ hour ago (1002+ words) What I'm hearing from energy insiders It was one of the most eye-opening and fascinating business trips in my 30-year career: the opportunity to travel to Venezuela to witness firsthand the signing of oil deals between the government in Caracas…...
Hassett kept up to $5 million Coinbase stake as Trump reshaped crypto policy
3+ day, 12+ hour ago (775+ words) White House National Economic Council Director Kevin Hassett held between $1 million and $5 million worth of shares in crypto giant Coinbase at the end of 2025, as President Donald Trump's administration rapidly rewrote federal cryptocurrency policy. Hassett's previously unreported 2025 annual financial disclosure…...
Right now, the thing that makes the economy hum is employment, says Jim Cramer
3+ day, 15+ hour ago (29+ words) CNBC Right now, the thing that makes the economy hum is employment, says Jim Cramer...
Trump's $5k dividend is not macro-economically appropriate given inflation: Wolfe's Tobin Marcus
3+ day, 20+ hour ago (25+ words) CNBC Trump's $5k dividend is not macro-economically appropriate given inflation: Wolfe's Tobin Marcus...
Trump's $5,000 election dividend checks make 'no economic sense,' economist says
3+ day, 21+ hour ago (705+ words) President Donald Trump's promise of a $5,000 election "dividend" check to every adult in the U.S. comes at a time when many Americans are feeling particularly strained. However, economists CNBC spoke with say the proposal is unlikely to become a reality. And…...
Wholesale inventories rose 1.3% in July, highest level since March
4+ day, 12+ min ago (21+ words) CNBC Wholesale inventories rose 1.3% in July, highest level since March...
Macy's posts strong results, raises guidance as turnaround begins to take hold
4+ day, 55+ min ago (586+ words) Macy's on Thursday posted growth across the company in its fiscal second quarter and raised guidance as it continues its turnaround. The retailer said overall comparable sales rose 2.7% for the quarter, with comparable sales for its namesake brand up 1.1%. The…...