Warsh could guide to a smaller role in day-to-day markets, while also setting clearer rules for how and when it should intervene.
Which company will the U.S. government take a stake in next? Here’s what traders think
After new stakes in quantum companies were revealed, traders on prediction market platform Kalshi think IonQ, Micron and Anduril could be next.
Surge in ‘risk-free’ treasury yields sends bond investors in search of better opportunities
Treasury yield surge shows bond market is not ‘risk free’ after all, but there’s opportunity for fixed-income investors in intermediates, BBBs and high yield.
Despite murky legal landscape, companies are undeterred in their prediction market investments
Companies reiterated plans to growing their prediction markets businesses in recent earnings calls even as a regulatory debate continues.
Consumer sentiment hits fresh record low in May as Iran war fuels inflation worries
Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due to the U.S.-Iran war and elevated oil prices.
Elon Musk’s trillionaire march: Here’s what to know
SpaceX’s upcoming IPO is setting the stage for Elon Musk to become the world’s first trillionaire. CNBC’s Robert Frank joins ‘Squawk on the Street’ with the details.
Stocks making the biggest moves premarket: IMAX, Merck, Estee Lauder & more
These are the stocks posting the largest moves premarket.
U.S. pushes its AI in China and Asia after Trump-Xi meeting
Integrating American AI in Asia is high on the agenda for the U.S., according to a senior official for APEC and economic policy.
Democratic senators’ tax plans: Here’s what to know
CNBC’s Robert Frank joins ‘Squawk Box’ with the latest news.
China calls for APEC cooperation as commerce minister skips opening over ‘urgent official business’
China’s international trade representative Li Chenggang said he was chairing Friday’s meeting as Commerce Minister Wang Wentao had urgent matters to attend to.