Earnings poised to stoke confidence in a stock market that has rebounded to all-time highs. Here’s what’s ahead
[ad_1] Just as earnings season revs into full gear, the bulls have taken hold of Wall Street amid growing hopes the U.S.-Iran war will soon end. The S & P 500 and Nasdaq Composite rallied to all-time highs not breached since January this week on news that Iran will reopen the Strait of Hormuz for […]
House Dem Sam Liccardo probes suspicious oil trades during Iran war
[ad_1] Rep. Sam Liccardo, D-Calif., attends a news conference with members of the Congressional Hispanic Caucus during the House Democrats’ 2025 Issues Conference at the Lansdowne Resort in Leesburg, Virginia, March 13, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Rep. Sam Liccardo, D-Calif., is probing whether the nation’s top financial regulators are […]
Rep. Ritchie Torres calls for probe into futures trades placed ahead March pause on Iran hostilities
[ad_1] U.S. Rep. Ritchie Torres, a Democrat from New York, during an interview in New York, Jan. 28, 2025. Victor J. Blue | Bloomberg | Getty Images Rep. Ritchie Torres, D-N.Y., on Wednesday called for a federal probe into suspicious trading activity in oil and equity futures markets just before President Donald Trump’s announcement of […]
Polymarket removes wagers on U.S. service member rescue mission in Iran
[ad_1] Polymarket removed a forum related to the rescue mission of U.S. military servicemembers amid political pressure, the latest sign of mounting scrutiny around prediction markets. U.S. and Iranian military forces are searching for a missing American airman after its F-15E fighter jet was shot down over Iran on Friday. One crew member has been […]
Prediction market bets on sports, election, war would be verboten under new legislation
[ad_1] Sen. Jeff Merkley (D-OR) speaks at a news conference on his marathon overnight speech on the Senate floor at the U.S. Capitol Building on Oct. 22, 2025 in Washington, DC. Andrew Harnik | Getty Images A group of congressional Democrats on Thursday introduced legislation that would ban prediction market bets on elections, government actions, […]
Private companies added 63,000 jobs in February, January revised to just 11,000 additions, ADP says
[ad_1] A “Now Hiring” sign is seen at a Dollar Tree store on Feb. 11, 2026 in Hollywood, Florida. Joe Raedle | Getty Images Private sector hiring was a bit better than expected in February, though most of the job creation came from just two sectors, ADP reported Wednesday. Companies added a seasonally adjusted 63,000 […]
Iran war prediction market bets draw heat: ‘Insane this is legal’
[ad_1] Prediction markets are facing renewed scrutiny from federal lawmakers after wagers about the fate of Iranian leader Ayatollah Ali Khamenei, who was killed in the Saturday bombardment of Iran. “It’s insane this is legal,” said Sen. Chris Murphy, D-Conn., in a post to X, referring to another post highlighting people who had made money […]
Fed’s Goolsbee calls for a hold on cuts as current rate of inflation is ‘not good enough’
[ad_1] Austan Goolsbee, President and CEO of the Federal Reserve Bank of Chicago, speaks to the Economic Club of New York in New York City, U.S., April 10, 2025. Brendan McDermid | Reuters Chicago Federal Reserve President Austan Goolsbee said Tuesday that interest rate cuts aren’t appropriate until there’s more evidence that inflation is on […]