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Finance News — Page 138
Kalshi IPO Talks Amid CFTC vs State Legal Battle
Kalshi is exploring an IPO as state and federal regulators clash over whether prediction markets are illegal gambling or federally regulated swaps, with multiple lawsuits underway.
Banking regulator lowers capital levels to spur more loans at ‘hinge moment’ for the economy
Canada's banking regulator OSFI cut its Domestic Stability Buffer to 3% from 3.5% and lowered the CET1 ratio to 11% from 11.5%, freeing up roughly $74 billion in excess capital and potentially $673 bi
Warsh's Hawkish Fed Debut Pushes Bond Yields Higher
At his first FOMC meeting, Fed Chair Kevin Warsh held rates steady at 3.50-3.75% but delivered a stripped-down, hawkish-tilting statement that pushed bond yields higher, reviving debate over whether 1
Juneteenth 2026: What's Open and Closed Friday
Juneteenth, the federal holiday marking the end of slavery in 1865, falls on Friday, June 19, closing banks, the stock market, and USPS while most major retailers and grocers stay open.
Prediction Purists Warn Sports Betting Threatens
At Berkeley's Manifest conference, prediction market philosophers warned that the sports betting explosion now driving platforms like Kalshi and Polymarket threatens to undo the industry's original tr
Microsoft Finds USB Worm Swapping Crypto Wallet Addresses
Microsoft has uncovered a USB-spreading worm that hijacks Windows crypto wallets by silently swapping recipient addresses and stealing seed phrases and private keys from the clipboard, active since Fe
Zealand Pharma Stock Crashes on Survodutide Dropout
Zealand Pharma's stock has cratered on back-to-back clinical failures for survodutide and petrelintide, but analysts are betting the amylin-based petrelintide — heading into late-stage trials — is the
What Happens When Bitcoin Reaches 21 Million Supply?
Bitcoin's 21 million coin supply cap, hardcoded by Satoshi Nakamoto, will permanently halt new bitcoin creation once fully mined, but the network is expected to keep operating unchanged.
Indian IT stocks fall up to 7% on Accenture guidance
Accenture's lowered revenue guidance for fiscal 2026 triggered a sharp selloff in Indian IT stocks on Friday, with major players Infosys and TCS each losing more than 5%.
Bitcoin traders load up on bearish bets all the way down to $52,000
Bitcoin traders are flooding Deribit with short-dated put options targeting strikes as low as $52,000, as a hawkish Fed, a strengthening dollar, and mounting pressure on Strategy fuel a rush to hedge
Bitcoin falls below $63,000 as risk assets sell off and the week's bounce fades
Bitcoin fell below $63,000 on Friday as a broad crypto sell-off erased gains from the US-Iran peace deal, with traders watching the $59,000–$60,000 floor and questioning whether an altseason will mate
US crypto ETFs are pulling Bitcoiners into TradFi: BlackRock's Jay Jacobs
BlackRock's Jay Jacobs says the firm's spot Bitcoin ETF is a two-way gateway between crypto and TradFi, with 75% of IBIT investors being first-time ETF buyers who often branch into BlackRock's S&P 500
MSCI Cuts Indonesia Rating Over Market Opacity
MSCI downgraded Indonesia's market accessibility rating over opaque shareholding structures and signs of coordinated trading, the second warning in months as the Jakarta Composite Index has shed nearl
Japan, South Korea stocks hit records as oil prices fall
Japan and South Korea stocks surged to record highs on Friday as the US lifted its blockade on Iran and oil tankers resumed transit through the Strait of Hormuz, pulling Brent crude down 9.5% for the
Iran-US Deal: What It Means for Your Wallet
The US-Iran peace deal signed 18 June reopens the Strait of Hormuz and is already easing global energy prices, but pump prices, household gas bills, and inflation all remain well above pre-war levels.
CFTC Permanently Bans Celsius Founder Mashinsky From
The CFTC permanently barred Alex Mashinsky from its regulated trading markets and from CFTC registration, closing out its 2023 enforcement case against the Celsius founder — the regulator's first acti
SpaceX Drops 6.5% for Second Day After Record IPO
SpaceX shares fell 6.5% on Thursday in their second consecutive post-IPO decline, wiping out a portion of the frenzy that briefly made the rockets-to-AI company the world's fifth most valuable firm af
SpaceX's First-Ever Losing Streak: Stock Falls 2nd Day
SpaceX stock fell for a second straight day in a volatile Thursday session, marking the company's first-ever back-to-back losses since it began trading publicly.
Markets are set for a much more hawkish Warsh Fed than expected
Kevin Warsh's first press conference as Fed Chairman upended market expectations with a hawkish inflation message, sending the 2-year Treasury yield soaring and traders pricing in as many as five rate
Accenture Stock Crashes 18% to 2017 Low
Accenture shares plunged 18% to their lowest level since 2017 after the IT consultancy cut its full-year revenue forecast and reported a 3% decline in new bookings, intensifying investor fears that AI
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