Finance

Kalshi traders see roughly 50% odds of a rate hike in 2026 as Fed is split on policy

Wednesday’s Fed minutes showed a divided outlook on where interest rates are headed this year. Traders on Kalshi see a 54% likelihood...

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Alleged Reflecting Pool vandal David Hearn pleads not guilty; lawyer calls him ‘scapegoat’

“If Mr. Hearn can be charged with a felony for touching the Reflecting Pool, every American is at risk,” a lawyer said...

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Palo Alto CEO Arora says AI pricing needs to fall 90% as token costs skyrocket

Palo Alto Networks CEO Nikesh Arora said high token costs could prevent businesses from adopting artificial intelligence at scale.Palo Alto Networks CEO...

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Anthropic appoints former Fed Chair Ben Bernanke to its independent trust

Members of the trust advise Anthropic leadership and do not hold any equity in the company.Members of the trust advise Anthropic leadership...

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June home sales disappoint as prices reach an all-time high

Home sales dropped in June month over month as mortgage rates remain stubbornly high. Prices hit an all-time high.Home sales dropped in...

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Meta jumps into AI coding market in effort to chase Anthropic and OpenAI

Meta is upgrading its Muse Spark artificial intelligence model under the leadership of AI chief Alexandr Wang.Meta is upgrading its Muse Spark...

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Fed officials were split on direction of interest rates at last meeting, minutes show

The Federal Reserve on Wednesday released minutes from its June 16-17 meeting.The Federal Reserve on Wednesday released minutes from its June 16-17...

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