CFTC reviews prediction market ‘mention markets’ as states and Baltimore sue Kalshi, Polymarket
The CFTC is reviewing "mention markets" on prediction platforms, Kalshi has pulled its sports-related versions, and a Washington state judge…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Fed’s Goolsbee Says Latest Inflation Data Has Turned a Little Better
Chicago Fed President Austan Goolsbee says the latest U.S. inflation data has been a little better and hopes price growth…
Bessent Says Core Inflation Falls to 2.5% as Lower-Wage Workers See 5.5% Pay Gains
U.S. Treasury Secretary Scott Bessent said wages for the lowest-paid quarter of American workers rose 5.5% over the past year,…
Bessent declares end of K-shaped economy as bottom-quartile wages climb 5.5%
Treasury Secretary Scott Bessent says the "K-shaped economy" is over, pointing to bottom-quartile wage growth of 5.5% against 1.5% for…
Kyiv retakes 26 settlements and 600 km2 in southeastern Ukraine
Ukrainian forces have retaken 26 settlements and more than 600 square kilometers in southeastern Ukraine, advancing across the Dnipropetrovsk, Donetsk,…
