Bessent defends U.S. dollar swap lines as Iran war harms global finances
Secretary of Treasury Scott Bessent testifies during a during a Senate Appropriations Subcommittee on Financial Services and General Government hearing…
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NYC Mayor Mamdani knocked Ken Griffin in pied-a-terre tax promo. His firm calls the move ‘shameful’
Citadel CEO Ken Griffin speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in…
Kalshi traders don’t see Strait of Hormuz traffic returning to normal until July
Commercial vessels are seen off the coast of Dubai on April 20, 2026.– | Afp | Getty ImagesBettors on the…
Bessent says ‘many’ U.S. allies have asked for currency swaps amid Iran war turbulence
U.S. Treasury Secretary Scott Bessent arrives to testify during a Senate Committee on Appropriations, Subcommittee on Financial Services and General…
Trump administration discussing currency swap line with United Arab Emirates
The White House has discussed offering a financial lifeline to the United Arab Emirates as the U.S. war with Iran…
JPMorgan expands $1.5 trillion economic security splurge into Europe
JPMorgan Chase will extend a $1.5 trillion investment program designed to bolster U.S. economic resilience across Europe, the Wall Street…
AI startup Cursor in talks to raise $2 billion funding round at valuation of over $50 billion
The Cursor logo arranged on a smartphone in New Hyde Park, New York, Nov. 20, 2025.Gabby Jones | Bloomberg |…
Software stock dogs have joined market rally. There’s a classic investing lesson in the rebound
Cybersecurity and enterprise software stocks have been market dogs in 2026, with fears that AI will wipe out a wide…
If a violent downturn strikes the market, new ETF strategies may be vulnerable. Here’s why
New innovation in the exchange-traded fund industry could come at a cost to investors during extreme conditions.According to MFS Investment…
Regulators are reportedly zeroing in on suspicious trades ahead of market-moving Trump post
US President Donald Trump walks on the South Lawn of the White House after arriving on Marine One in Washington,…
Chinese robotaxi companies forge ahead with UAE expansion despite Iran war
BEIJING — At least three Chinese robotaxi companies are pressing ahead with expansion plans in the Middle East despite the…
Morgan Stanley tops estimates as trading revenue exceeds expectations by nearly $1 billion
Morgan Stanley on Wednesday posted first-quarter results that topped analyst estimates as the firm’s trading operations generated almost $1 billion…
Prediction markets will grow to $1 trillion by 2030, Bernstein estimates
In this photo illustration, Apps for online prediction market sites are shown on an electronic device on Feb. 25, 2026…
Global recession is inevitable if Strait of Hormuz stays shut, says Citadel’s Ken Griffin
Ken Griffin, chief executive officer of Citadel Advisors LLC, at the Semafor World Economy Summit during the International Monetary Fund…
Treasury Secretary Bessent backs rate cuts but says he understands if the Fed wants to wait
Treasury Secretary Scott Bessent on Tuesday expressed confidence that inflation will moderate through the year, giving the Federal Reserve room…
How bond market’s private credit crisis fears are playing out in fixed-income ETFs
Fears of a private credit crisis are rising as firms at the heart of the growing, but less liquid and…
Michael Burry says he’s still betting against Palantir after Trump post boosts stock
Michael Burry attends “The Big Short” New York premiere at the Ziegfeld Theater in New York, Nov. 23, 2015.Andrew Toth…
BlackRock rips page from hedge fund playbook, applies it to exchange-traded funds
BlackRock is applying hedge fund strategies to its exchange-traded fund business. Jeffrey Rosenberg, the firm’s senior portfolio manager on the…
Behind China’s ‘active efforts’ for an Iran ceasefire: Business trumps politics
BEIJING — China’s ties with countries such as Iran and Russia have raised expectations of a bigger diplomatic role, but…
Alibaba leads $290 million investment for building a new kind of AI model as LLM limits emerge
A mechanical hand is on display at the Robot Mall, world’s first embodied intelligent robot 4S store, on August 13,…
