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Kalshi CEO says prediction market thinking about IPO, but not for this year
Finance

Kalshi CEO says prediction market thinking about IPO, but not for this year

Tarek Mansour said to CNBC's "Squawk Box" it made sense for the company at the stage to think about a…

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Putin’s system is in a state of slow implosion
Finance

Putin’s system is in a state of slow implosion

Look to the erosion of fiscal discipline to see where the problems lie

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Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
Finance

Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’

"Over the past few months there has been a big shift in the world order," the hedge fund billionaire wrote.…

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Wendy’s Surges 37% Following Viral Reddit Post
Finance

Wendy’s Surges 37% Following Viral Reddit Post

The meme-stock crowd is rallying behind another beaten up American icon — Wendy’s Co., the fast-food chain known for the…

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Exclusive: Taktile raises $110 million from Goldman Sachs, Tiger Global to automate high-stakes financial decisions 
Finance

Exclusive: Taktile raises $110 million from Goldman Sachs, Tiger Global to automate high-stakes financial decisions 

Other participants in the Series C fundraise include Index Ventures and Y Combinator.

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Nasdaq’s CFO says leaders must learn AI—not just their teams
Finance

Nasdaq’s CFO says leaders must learn AI—not just their teams

Sarah Youngwood is reshaping Nasdaq’s finance function by emphasizing AI training and hands-on use.

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Hertz Tumbles on Financing Plan That Offers Shares for Shorting
Finance

Hertz Tumbles on Financing Plan That Offers Shares for Shorting

Hertz Global Holdings Inc. is taking an usual approach to issuing debt: concurrently serving up shares that are designed to…

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Bitcoin’s Retreating Retail Army Exposes Fresh Fragility
Finance

Bitcoin’s Retreating Retail Army Exposes Fresh Fragility

Bitcoin spent years trying to shed its reputation as a playground for speculative retail traders. Its latest selloff is exposing…

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Goldman Sachs Cuts Fourth-Quarter Crude Forecast to $80
Finance

Goldman Sachs Cuts Fourth-Quarter Crude Forecast to $80

Daan Struyven, co-head of global commodities research at Goldman Sachs, explains the three reasons why oil prices are coming down…

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Bessent Says Iran Talks Feature Shifting to Invoicing in Dollars
Finance

Bessent Says Iran Talks Feature Shifting to Invoicing in Dollars

Treasury Secretary Scott Bessent indicated that US talks with Iran include the longtime American adversary joining the dollar system and…

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Wendy’s stock soars as meme traders target another turnaround play
Finance

Wendy’s stock soars as meme traders target another turnaround play

While management changes can influence investor sentiment, the magnitude of the move suggests other forces may be at play.

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Qualcomm to Buy Modular For $3.9 Billion to Help AI Push
Finance

Qualcomm to Buy Modular For $3.9 Billion to Help AI Push

Qualcomm Inc. said it is acquiring Modular Inc., for about $3.9 billion in stock, adding artificial intelligence software capabilities that…

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