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Bessent Calls for Big Rate Cuts. Futures Markets Aren’t Buying It.
Treasury Secretary Scott Bessent wants Federal Reserve officials to lower interest rates by half a percentage point at the September meeting.
Dallas businessman Tom Dundon buying NBA’s Portland Trail Blazers
Tom Dundon is buying the NBA’s Portland Trail Blazers, he told CNBC in an interview. The Dallas businessman is chairman and founder of Dundon Capital Partners. He will reportedly buy the team ― along
Step aside, quiet quitting. Now, employers have to worry about 'quiet cracking'
In the current employer's job market, workers are staying put and "struggling in silence," says Frank Giampietro, EY Americas' chief well-being officer.
World shares charge higher after US stocks rally to records on hopes for interest rate cuts
Shares charged higher Wednesday in Europe and Asia after U.S. stocks hit new records when data showed inflation across the United States improved slightly last month. Tokyo's benchmark Nikkei 225
CoinDesk Owner Bullish Triples in Trading Debut. The Stock Is Already Living Up to Its Name.
Bullish, a Bitcoin trading platform that also owns CoinDesk, is set to be the next big crypto IPO. It has an impressive list of backers.
Bessent Warns Europe It’s ‘Put Up or Shut Up’ Time on Russia
Treasury Secretary Scott Bessent urged European nations to be prepared to get on board with higher tariffs on China and other nations that buy Russian energy, lamenting that he got a cool response
Bullish prices IPO at $37 per share, valuing crypto exchange above $5 billion ahead of market debut
Cryptocurrency exchange operator Bullish (BLSH) is set to go public Wednesday at a valuation north of $5 billion as the IPO market looks set to continue a strong summer. The company, which operates a
CAVA Group Stock Tumbles as Chain's Same-Restaurant Sales Come Up Short
Key Takeaways CAVA Group's same-restaurant sales came in well short of estimates as diners pulled back on spending.The Mediterranean-themed fast-casual chain also missed revenue forecasts and slashed
Crypto Exchange Bullish Surges 162% In IPO, Becomes Latest Wall Street Debut Darling
Trading was briefly halted for the Peter Thiel-backed crypto exchange as shares rallied well above its IPO price.
CoreWeave Stock Drops. This Could Slam the Brakes on Its Growth Plans.
CoreWeave stock was falling early Wednesday as the market gauges its plans to rapidly expand artificial-intelligence infrastructure. The question is whether the AI cloud company can find a
Bullish stock opens at $90, surges more than 200%, giving crypto exchange market cap above $16 billion
Cryptocurrency exchange operator Bullish (BLSH) opened for trade on Wednesday afternoon at $90 per share, nearly triple the $37 where the company priced its IPO. Shortly after opening for trade,
US stocks rise after S&P 500 and Nasdaq hit records; crypto surges
After a tame July inflation report, expectations jumped for a rate cut at the Federal Reserve's policy meeting in September.
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