Duffy, 67, will transition to executive chairman effective March 1, 2027, the company said Wednesday.
Author: admin@finance
More united Fed board seen at Warsh’s first meeting, according to Kalshi traders
Traders on prediction market platform Kalshi largely forecast a unanimous decision among FOMC members at Wednesday’s meeting, after April’s divided vote.
Stocks making the biggest moves premarket: CarMax, AST SpaceMobile, Lionsgate & more
These are the stocks posting the largest moves premarket.
China pushes for AI safety as G7 summit wraps up without Beijing
China included artificial intelligence in its global governance whitepaper published Wednesday, and said Beijing was speeding up cooperation efforts.
UK inflation holds steady at 2.8% in May
The Bank of England is due to update its monetary policy on Thursday.
Three Iranian tankers exit U.S. blockade for first time in months as shipowners eye Hormuz in ‘wary disbelief’
At least three Iranian tankers carrying nearly five million barrels of crude oil have exited the U.S. Navy blockade.
Michael Burry says he’s tempted to bet against SpaceX, but passes on expensive options
Burry argued the company’s market capitalization had reached levels that dwarf many established businesses and fortunes.
Fed Chair Warsh expected to withhold ‘dot’ from central bank’s interest rate outlook
The central bank’s Federal Open Market Committee is set to release its quarterly update of where individual officials expect interest rates to head.
Prediction market traders speculate Anthropic will restore access quickly to AI model after Trump admin directed it to limit reach
Traders think it’s more likely than not that access is restored by July 1.
The new oil? Inside the effort to turn AI computing power into a tradeable commodity
AI compute futures could eventually rival some of the world’s largest commodity markets, Silicon Data’s Carmen Li believes.