CNBC Finance

The incremental approval comes as the U.S. and Chinese presidents are due to meet for a third time this year next month.

Singapore is a bastion of safety amid global turmoil, according to the CEO of DBS.

The S&P 500 has climbed almost 120% since its closing low on Oct. 12, 2022.

The Cleveland Fed president said that tighter monetary policy would be needed to bring down inflation.

Traders think there's little chance core inflation, which excludes food and energy prices, will fall to 2.2% this year.

Why Priya Misra, a portfolio manager at the firm, is looking to take credit risk in high-quality companies.

Blockchain.com is seeking CFTC designation and registration to offer U.S. event contracts and cryptocurrency derivatives.

Nasdaq CEO Adena Friedman said tokenization could free up tens of billions of dollars in trapped capital.

Gas prices are expected to remain above $4 per gallon on Nov. 3, according to traders on prediction market platform Kalshi.

A recovery in China's largest cities real estate markets could come as soon as next year, the S&P ratings agency said.

Chinese tech company Huawei wants to rebuild its consumer business after U.S. sanctions halved segment revenue.

The Federal Reserve on Wednesday released minutes from its Sept. 15-16 policy meeting.

Kristalina Georgieva warns that the technology lifting growth hopes is also pushing up inflation and yields, just as public debt levels rose.

The S&P 500 returned to an intraday record Tuesday as tech gains, easing oil prices and Treasury yields helped stocks overcome months of market shocks.

Combo contracts are driving volume growth even as they make up a small, albeit consistent, share of transactions.

Unusual trading patterns on Kalshi and Polymarket are drawing scrutiny as experts debate whether reported volumes reflect organic market activity.

Goldman Sachs says tight refinery capacity could keep diesel prices elevated through 2027, with high margins needed to curb demand and rebuild inventories.

A new bill bans federal candidates from trading prediction market contracts related to their own elections and would result in a fine if violated.

The moves come after the first round results of Brazil's presidential election on Sunday. Bolsonaro will face incumbent Lula da Silva in a runoff on Oct. 25.

Surveys show Gen Z increasingly views sports bets as a form of investment, and those who gamble too often face mental health risks.