House Oversight Chair calls for possible ban on government officials’ prediction market bets
The Republican chair of the House Oversight Committee wants new limits on government officials' bets on prediction markets, including a…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Fed Chair Warsh Convenes AI Forum as Inflation Fears Weigh on Bitcoin
Fed Chair Kevin Warsh will lead a forum on AI's effect on inflation, productivity and employment. The outcome could shape…
US Treasuries head for worst week since ‘liberation day’ as 10-year yield hits 5.17%
US Treasuries are heading for their biggest weekly sell-off in more than 18 months after a jump in consumer prices….
Microsoft 365 outage passes 18 hours as recovery continues and cause stays unknown
A Microsoft 365 outage that began around 18 hours ago is easing but not over. Microsoft reports sustained improvements, the…
Bessent and Goolsbee clash over whether an energy shock justifies a Fed rate hike
US Treasury Secretary Scott Bessent said the Fed should not hike rates over an energy supply shock tied to the…
