The announcements followed the release of the Federal Reserve’s annual stress test, which found that all 32 large banks weathered a hypothetical recession.
Category: Finance News
Federal Reserve says U.S. banks can withstand $708 billion in losses amid overhaul of capital rules
The Fed’s annual exercise comes at a pivotal moment for bank regulation because, unlike previous years, the results will not affect capital requirements.
Kalshi CEO says prediction market thinking about IPO, but not for this year
Tarek Mansour said to CNBC’s “Squawk Box” it made sense for the company at the stage to think about a debut on public markets.
Charitable giving hits record high: Here’s what to know
A soaring stock market and tax changes drove charitable giving last year. CNBC’s Robert Frank joins ‘Squawk Box’ with the details.
Wendy’s stock soars as meme traders target another turnaround play
While management changes can influence investor sentiment, the magnitude of the move suggests other forces may be at play.
Stocks making the biggest moves premarket: Cerebras, Micron, FedEx, Wendy’s & more
These are the stocks posting the largest moves premarket.
Stocks making the biggest moves after hours: FedEx, Cerebras, KB Home & more
See which stocks are posting big moves after the bell.
CFTC sues Kentucky over actions against prediction markets, making it first red state to face federal scrutiny
The commission has now sued nine states in its battle to defend what it sees as its exclusive right to regulate event contracts.
Mamdani-backed candidates are likely to win in NYC primaries, prediction market traders expect
Voters are heading to the polls in New York, with four competitive races in Democratic congressional primaries in focus.
Meta is building a prediction markets app. These stocks fell in response
The report said that CEO Mark Zuckerberg directed staff to develop a prediction markets platform, internally known as “Arena.”