markets

Markets undeterred so far as Trump imposes additional 50% tariffs on some Canadian goods

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Markets undeterred so far as Trump imposes additional 50% tariffs on some Canadian goods – CBS News Watch CBS News President Trump plans to impose a new 50% tariff on certain Canadian goods in addition to his existing tariffs. CBS News’ Kelly O’Grady explains the tariffs and investor reaction. Source link

U.S. says it is monitoring oil markets for price-fixing as it urges states to do the same

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U.S. antitrust regulators said Friday they are closely monitoring oil markets for potential price-fixing or market monopolization, and they urged state attorneys general to assist in investigating unlawful conduct. “Recent volatility in crude oil prices does not suspend either the antitrust laws or state consumer protection laws, and it does not authorize companies to manipulate … Read more

Taylor Swift and Travis Kelce wedding rumors fuel millions in bets on prediction markets

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The wedding of Taylor Swift and Travis Kelce could be just days away, and even though there’s no official confirmation of it happening, people are still betting millions on it. Prediction markets, which are often used to bet on sports and politics, are now seeing an influx of action from Swifties. More than $2 million … Read more

Taylor Swift and Travis Kelce wedding rumors drive big spending on prediction markets

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Taylor Swift and Travis Kelce wedding rumors drive big spending on prediction markets – CBS News Watch CBS News While there’s been no official announcement about Taylor Swift and Travis Kelce’s wedding, rumors surrounding the couple’s big day are driving major spending on prediction markets. Jo Ling Kent reports. Source link

Some states want to regulate prediction markets. Should the feds let them?

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The federal government and a growing number of U.S. states are clashing over the regulation of prediction markets. The Commodity Futures Trading Commission, the federal agency that oversees prediction markets, on Tuesday filed a lawsuit against Kentucky over its efforts to crack down on Kalshi and Polymarket for what state officials allege are violations of … Read more

A quieter Federal Reserve could mean volatile markets, higher rates

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WASHINGTON — The Federal Reserve has for decades moved steadily from a remote, opaque government agency that shared little about what it did or why to a more transparent institution willing to explain how it makes decisions and what it thinks about the economy. But in his first press conference Wednesday, new chair Kevin Warsh … Read more