Politics
Teleprompter operator allegedly made Kalshi bets on Trump statements; CFTC investigating
A teleprompter operator is under investigation by federal regulators in connection with bets they allegedly made on the prediction market platform Kalshi related to statements made by President Donald Trump. Read more UnitedHealth blows past estimates, hikes earnings outlook as it reins in costs “Our surveillance team promptly flagged and referred these trades to the […]
Truth Social launches service to give Wall Street traders an edge with real-time service
Trump Media launched an API to give paying customers real-time access to market-moving Truth Social posts.
Banking Committee’s Sen. Rounds liked Warsh’s ‘tone’ in first testimony as Fed chairman
Federal Reserve Chair Kevin Warsh was on Capitol Hill for two days of testimony this week.
Iran warns U.S. of Hormuz ‘red line,’ says it will retaliate to Trump’s strike threats
Trump warned that the U.S. will target Iranian infrastructure next week if negotiations do not resume.
Ukraine’s Zelenskyy ousts defense minister in surprise shake-up as protest calls emerge
The move sparked some to call for a peaceful protest and comes shortly after Ukraine’s parliament accepted the resignation of Prime Minister Yulia Svyrydenko.
U.S. slaps 25% tariff on most Brazilian goods over ‘unfair trade practices’
A separate U.S. probe into forced-labor enforcement has also proposed an additional 12.5% duty on Brazilian goods that would stack on top of the 25%, with a decision due within days.
$100M New Jersey deli fraud defendant Patten wants no prison time despite past conviction
James Patten is the person to be sentenced for a scheme that sent the market capitalization of a company that owned just a small New Jersey deli soaring.
Analysis: Fed Chairman Warsh faces an inflation credibility test after Congress hearings
The new Fed chairman avoided major stumbles in two days of testimony before the House and Senate, but faces a rapid test of his commitment to price stability.
Fed Chairman Warsh says he meets ‘often’ with Trump administration, defends independence
Kevin Warsh said Wednesday that he speaks with Treasury Secretary Scott Bessent frequently outside their regular weekly meetings.
Trump’s DNI pick Clayton won’t tell senators Biden won the 2020 election
The Senate Intelligence Committee is considering Jay Clayton’s nomination to be the director of national of intelligence.