Prediction market volume hits record $702M despite recent scrutiny
Prediction market Kalshi dominated trading volumes on Monday, accounting for two-thirds of the $701.7 million tally....
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Prediction market Kalshi dominated trading volumes on Monday, accounting for two-thirds of the $701.7 million tally....
The roughly 1,000 job cuts in Reality Labs come as Meta reallocates resources from the metaverse to AI wearables and mobile products....
The preliminary Luxembourg approval boosts Ripple’s EU expansion aims following its recent UK authorization, supporting its push toward full MiCA compliance....
Warhammer maker Games Workshop has banned the use of AI in its content production and its design process, insisting that none of its senior managers are currently excited about the technology. Deliver...
JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images America's biggest bank by assets, JPMorgan Chase, reported fourth-quarter earnings on Tuesday. CFO Jeremy Barnum discussed how reduced interest ...
The Trump administration plans to replace the US ambassador to Vietnam with a nominee set on addressing “imbalanced” trade relations, as Hanoi’s goods trade surplus with Washington surpassed China’s...
China’s central bank strengthened the yuan’s daily fixing for a third consecutive session to a nearly 16-month high, as the currency also held firm in offshore markets despite recent US dollar strengt...
Around 10 percent of Meta's Reality Labs division, which develops its XR products and services, will be laid off beginning on Tuesday, as reported by Bloomberg . Meta spokesperson Tracy Clayton confir...
Lenovo is the top PC manufacturer worldwide. The PC market is bracing for a turbulent year ahead , but shipments managed to exceed expectations in the recent holiday quarter. IDC reports that shipment...
Getty Images; Tyler Le/BI In-house legal teams are moving faster with artificial intelligence. Teams now have access to tools that draft legal documents and compare terms across deals. The efficiency ...
Russia and Venezuela maintain a strategic partnership spanning energy, defense, and diplomacy. Yuri Cortez/AFP/Getty Images Russia's state-owned Roszarubezhneft says its Venezuelan oil assets belong t...
Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...
Changes to how customers tip on Uber Eats and DoorDash have led to lower earnings for gig workers, according to a report from New York City. Artur Widak/NurPhoto via Getty Images Uber Eats and DoorDas...
Ubisoft has today announced that it expects 55 jobs to impacted as part of further cost-cutting, now at The Division studio Massive and fellow Swedish outfit Ubisoft Stockholm. The likely job losses f...
Ford can't find enough mechanics to service its new cars. It's trying to create a pipeline of young workers with Carhartt. Anna Moneymaker/Getty Images Ford and Carhartt entered into a three-pronged p...
JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images Jamie Dimon defended JPMorgan's spending, especially on tech, during Tuesday's earnings call. He said the bank would stay ahead as it competes a...
White House economic advisor Kevin Hassett (left) and former Fed Gov. Kevin Warsh are leading prediction market odds for the likehood of becoming President Donald Trump's pick to lead the Federal Rese...
Getty Images; Tyler Le/BI For most Americans, every home purchase is a bit of a gamble. Is now the right time to jump into the market? Can I haggle on the price a bit more? What if mortgage rates drop...
Working fewer days might help create buy-in among workers for adopting AI, authors of a book on the four-day workweek suggest. Drew Angerer/Getty Images Adopting a four-day workweek could boost employ...