CFTC chair Michael Selig asserts federal jurisdiction over prediction markets
CFTC chair Michael Selig asserted federal jurisdiction over prediction platforms and challenged state gaming regulators.
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Fresh coverage on the economy, markets, and the forces moving money.
ECB expands Eurep repo lines to €50bn for foreign central banks
ECB widens Eurep repo to let nearly all foreign central banks borrow euros with lines up to €50 billion each.
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PM Sanae Takaichi vows two-year suspension of 8% food sales tax
The BOJ raised its policy rate to 0.75% and the IMF said moving toward neutral by 2027 would help anchor expectations.
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Markets reprice tech winners amid Japan yield jump
Tokyo's 30-year yield jumped more than 0.25 percentage point, reviving the "widow-maker" trade and prompting global outreach.
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Soft-landing odds rise amid easing US inflation
Core CPI eased to 2.5% and employers added 130,000 jobs in January. UK unemployment rose to 5.2% while wages grew 4.2%.
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Markets pause ahead of Fed minutes and PCE
Meta's AI infrastructure deal lifted Nvidia to about $184.97 after hours. Investors rotated into hyperscalers and chipmakers while software stocks lagged.
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Bloomberg strategist Mike McGlone flags $10,000 tail risk for bitcoin
Mike McGlone of Bloomberg Intelligence warned bitcoin could slide toward $10,000.
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UK unemployment hits 5.2% amid cooling pay growth
Japan's Q4 GDP grew 0.2% annualised, narrowly avoiding a technical recession. The RBA raised the cash rate to 3.85% and said further moves depend on new data.
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Big tech selloff erases $1.5 trillion from AI-linked stocks
Investors erased nearly $1.5 trillion from AI-exposed names. Microsoft and Amazon slid about 16% from recent peaks.
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