Business

Fed dissenters speak: Why they backed higher interest rates

Inflation has topped the Fed’s 2% target for more than five years

New York sues Kalshi, says prediction market is running 'illegal gambling operation'

It comes after a federal judge earlier this month denied Kalshi's attempts to intervene against the state's Gaming Commission.

Private credit roundup: Earnings hold up as defaults, redemptions remain elevated

Canadian economy grew 0.3% in May

The figures show a second straight month of growth, with 13 of 20 industrial sectors contributing to the gains.

FOMC Officials Release Statements on Dissents (Video)

‘It’s like buying a lottery ticket’

“You never know, maybe I’ll win.”

Ares CEO on Earnings, AI Deployment, Private Credit

Ares Chief Executive Officer Michael Arougheti discusses the deployment of artificial intelligence and second-quarter results. "We want to be horizontally diversified across all the different private market asset classes," he tells…

FIFA Fallout: UEFA's Stance Shows Lack of Consultation, says Former England Player Eni Aluko

Former England Women's National Football Team player and sports investor, Eni Aluko, says UEFA's plans to boycott FIFA tournaments if President Gianni Infantino proceeds with his plans to sell stakes in a new commercial entity to investors…

India to get plastic notes soon: Why the move is important - explained

RBI has already floated the tender to source materials for the polymer notes with its currency printing arm Bharatiya Reserve Bank Note Mudran Pvt Ltd inviting global expressions of interest. The step assumes significance because India has…

UK petrol price hits Iran war high, adding to pressure on households

Average pump price reaches 160p a litre, while diesel is up 14.5p to 179p and forecast to go to 185p soon Business live – latest updates The price of petrol has hit a new Iran War high at UK forecourts, adding to the financial pressure on…

US, Israel considering land blockade to cripple Iran's economy: Report

Leopold Aschenbrenner vows to ‘fight another day’ after fund plunges 67% in July

Manager of AI hedge fund Situational Awareness tells investors he will learn from ‘very expensive scars’