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Finance News — Page 21

Fed watchdog clears Powell in renovation probe

Fed watchdog clears Powell in renovation probe

A Federal Reserve watchdog cleared former Chair Jerome Powell of criminal wrongdoing in its probe of the central bank's expensive headquarters renovation, releasing the report on Wednesday.

Axios · 8d ago
Democrats block GOP data center, stock trading bills

Democrats block GOP data center, stock trading bills

Senate Democrats blocked two GOP bills Wednesday — one to let regulators shift data center expenses away from ratepayers, and another to ban congressional stock trading — calling both 'toothless' wate

CNBC · 8d ago
Bank of Canada rate hikes to be limited by soft economy, report says

Bank of Canada rate hikes to be limited by soft economy, report says

Capital Economics says the Bank of Canada will only raise its benchmark rate by a cumulative half-point next year, well short of the roughly 1.25 percentage points markets are pricing in through 2027,

Globe and Mail Business · 8d ago
Anthropic IPO Odds Surge on Kalshi After Safety Warnings

Anthropic IPO Odds Surge on Kalshi After Safety Warnings

Prediction-market traders on Kalshi sharply raised the odds that Anthropic announces an IPO before year-end after reports emerged that the company's prospectus will warn investors its models pose cata

CNBC · 8d ago
Crypto industry gave $8 million to Clarity Act lobbyists who didn't close the deal

Crypto industry gave $8 million to Clarity Act lobbyists who didn't close the deal

The crypto industry poured $8 million into lobbying for the Clarity Act in the first half of 2026, but the digital-asset market-structure bill stalled in the U.S. Senate despite the sector's biggest l

CoinDesk · 8d ago
Micron Earnings Due After the Bell; Stock Flashes Warning

Micron Earnings Due After the Bell; Stock Flashes Warning

Micron's quarterly earnings report is due after the closing bell, with coverage flagging a warning signal in the stock and options positioning in the lead-up.

Google News Business · 8d ago
AI Capex Pushes Hyperscaler Free Cash Flow Negative

AI Capex Pushes Hyperscaler Free Cash Flow Negative

Investors are piling into free cash flow and quality-focused ETFs as AI infrastructure spending pushes even the most profitable tech companies' capital expenditures past their operating cash flow.

CNBC · 8d ago
SEC Proposes Expanding Retail Access to Private Markets

SEC Proposes Expanding Retail Access to Private Markets

The SEC voted to propose rule amendments aimed at expanding retail investor access to private markets and promoting innovation in regulated fund structures.

SEC Press · 8d ago
A cooler-than-expected reading on Fed’s favored inflation measure tamps down on urgency for rate hikes - Yahoo Finance

A cooler-than-expected reading on Fed’s favored inflation measure tamps down on urgency for rate hikes - Yahoo Finance

The Fed's preferred inflation gauge showed core inflation at 3.0% in August, coming in lighter than expected and reducing the urgency for further rate hikes.

Google News Business · 8d ago
Wash Trading Fears Cloud Kalshi, Polymarket Volume Growth

Wash Trading Fears Cloud Kalshi, Polymarket Volume Growth

Prediction market platforms Kalshi and Polymarket face scrutiny over trading volume patterns suggesting potential wash trading or inflation, just as both pursue multi-billion-dollar valuations and exp

CNBC · 8d ago
Clock's ticking: UK's crypto regulatory application window opens with February deadline

Clock's ticking: UK's crypto regulatory application window opens with February deadline

The UK's Financial Conduct Authority has opened a five-month application window for cryptocurrency firms seeking licensing under the country's new digital asset regime, with submissions due by end of

CoinDesk · 8d ago
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US economy grew a solid 2.2% in the second quarter, government says, upgrading previous estimate - AP News

The US economy expanded 2.2% in the second quarter, according to a revised government estimate that came in stronger than initially reported and was driven by robust consumer spending.

Google News Business · 8d ago
Hyperliquid Co-founder Jeff Yan says 24-hour clock is not onchain finance’s true differentiator

Hyperliquid Co-founder Jeff Yan says 24-hour clock is not onchain finance’s true differentiator

Hyperliquid co-founder Jeff Yan told Korea Blockchain Week 2026 that 24/7 trading is not the real edge onchain finance has over traditional exchanges, arguing crypto never needed conventional market h

The Block · 8d ago
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Here’s How Much Micron Stock Is Expected to Move After Earnings - Investopedia

Micron is preparing to report Q4 earnings with the memory chip boom still in full swing, and its $370 billion stock rebound now hinging on whether AI spending holds up.

Google News Business · 8d ago
Singapore crypto activity grows 55% as broader region contracts

Singapore crypto activity grows 55% as broader region contracts

Singapore is doubling down on institutional crypto via new licensing requirements and tokenization initiatives like BLOOM, while Chainalysis data shows small-value P2P transfers and stablecoin use sur

Cointelegraph · 9d ago
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US economy grew at a faster pace than expected in second quarter - Fox Business

The US economy expanded 2.2% in the second quarter — an upward revision from prior estimates — driven by robust consumer spending, with gold prices spiking on the combined GDP and inflation data relea

Google News Business · 9d ago
Mortgage Rates Hit 7% for Sixth Straight Week

Mortgage Rates Hit 7% for Sixth Straight Week

Mortgage rates climbed to 7% for a sixth straight week, hammering refinance and homebuyer demand and deepening housing affordability strain across multiple outlet reports.

Google News Business · 9d ago
Micron's 261% Rally Meets Earnings Test

Micron's 261% Rally Meets Earnings Test

Memory stocks face a key test as pricing momentum cools heading into Micron's after-the-bell earnings report, with the chipmaker's 261% rally meeting a 7.75% earnings hurdle.

Google News Business · 9d ago
Anthropic IPO Filing Flags 'Existential' AI Risk

Anthropic IPO Filing Flags 'Existential' AI Risk

Anthropic's leaked IPO filing flags its AI models as an 'existential risk to humanity,' while a reported $11.6 billion quarter reframes how investors should read the S-1.

Google News Business · 9d ago
Some Oura IPO Investors Were Said to Push Back Citing Valuation - Bloomberg.com

Some Oura IPO Investors Were Said to Push Back Citing Valuation - Bloomberg.com

Oura pulled its $15 billion stock market listing just days after announcing it, after some investors pushed back on valuation, joining a broader wave of IPO delays as markets turned shaky.

Google News Business · 9d ago

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