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Blockchain.com, a digital asset platform, wants to get in on the prediction market boom in the U.S.  The company has filed for two licenses with the Commodity Futures Trading Commission to feature event contracts as well as cryptocurrency derivatives to retail and institutional customers in the U.S., Blockchain.com told CNBC. Blockchain.com is asking the CFTC

HOUSTON — During a late night at home in May 2021, Hy Luu, a 29-year-old engineering consultant, was researching how to obtain more capital to invest in shares of Tesla. That’s when he discovered margin investing: the act of borrowing money from a broker to buy securities such as stocks, while using existing investments as

Starbucks CEO Brian Niccol speaks during the Starbucks Investor Day event in New York City, U.S., January 29, 2026. Brendan Mcdermid | Reuters Starbucks has reportedly explored buying Chipotle Mexican Grill, but investors are split on whether the megadeal would make sense for both companies. The coffee giant has been working with advisers on a

CHINA – 2026/09/25: In this photo illustration, the TSMC logo is seen displayed on a tablet screen. (Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images The world’s largest contract chipmaker Taiwan Semiconductor Manufacturing Co posted revenue of $511.86 billion New Taiwan dollars ($16.03 billion) for September, up

Gen Zers have become the most active buyers of high-end art, changing the face of a market long dominated by Baby Boomers, according to a new survey. In 2025 and the first half of 2026, Gen Z spent more on fine art than any other generation, according to the Art Basel and UBS Survey of

PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by international growth as its North American business continues to lag. With one quarter left in 2026, the company also lowered its forecast for its full-year earnings, as its struggles in its home market weigh on profits. Pepsi expects core earnings per share to

Federal Reserve officials expect they will raise interest rates again before the end of the year to head off inflation that has run above target for more than five years, according to meeting minutes released Wednesday. But the meeting summary provided no indication of when specifically policymakers expected to raise benchmark rates – only that

Levi Strauss on Wednesday increased its profit outlook after it received tariff refunds, but gave less rosy revenue guidance. The denim retailer raised its adjusted earnings per share expectation for the full fiscal year to between $1.54 and $1.56, from a previous range of $1.46 to $1.52. Analysts were expecting a range of between $1.52

Constellation Brands beat quarterly earnings and revenue expectations as its beer brands gained market share, but continued consumer caution tempered results. As it navigates high food and fuel prices and choosy shoppers, Constellation is turning to special occasions and diversification to help drive sales. The maker of Modelo Especial, Corona and Pacifico on Wednesday reported

The S&P 500 rose to an all-time intraday on Tuesday, touching 7844.52 and surpassing its August 13 intraday peak when it hit 7,830. The benchmark also closed for the first time over 7,800. The recovery comes after months of oil shocks, rising borrowing costs and the possible start of a Federal Reserve rate hiking cycle.

WARREN BUFFETT: The human propensity to gamble is huge. Now, when it was legalized only in — pretty much in Nevada — you had to go to some distance, or break some laws, to do any serious gambling. But as the states learned to — you know, what a great source of revenue it was,

The new club world business class cabin on the Airbus A380. Courtesy: British Airways British Airways is building what it calls the “world’s largest” business class cabin and ripping out dozens of coach-class seats, the starkest example yet of how airlines are betting their future on high-spending travelers. The changes are part of a massive

Get Mike Santoli’s Market Memo in your inbox first. SUBSCRIBE HERE Market Memo  “It gets late early out there,” was Yogi Berra’s illogically brilliant take on the late-summer left-field shadows at the old Yankee Stadium. Also works pretty well as an assessment of today’s markets, where constant assurances that the AI theme is “still early”

Get Inside Wealth directly to your inbox A version of this article appeared in CNBC’s Inside Wealth newsletter, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Voters will decide whether to raise or lower taxes on the wealthy in multiple states next month, with California leading

Morgan Stanley is sticking its neck out for Wells Fargo with a bold upgrade just over a week before the bank reports earnings next Tuesday. The firm upgraded Wells to a buy-equivalent rating from hold Monday and named it a top pick — betting that one of this year’s biggest bank laggards is poised to

Brazil’s right-wing presidential hopeful Flavio Bolsonaro (L) waves with his wife Fernanda Bolsonaro during the launching of his candidacy within the Liberal Party (PL) convention, in Sao Paulo, Brazil on July 25, 2026. Nelson Almeida | Afp | Getty Images Brazilians will decide in just under three weeks whether to re-elect incumbent president Luiz Inácio

There’s a simple reason the Nasdaq-100 Index closed at new records Friday: The world’s biggest company notched its first record since May. Nvidia, which accounts for 13% of the Nasdaq and 8% of the S&P 500 Index,  added 1.3% Friday, ending seven weeks of sideways trading surrounding a high-stakes meeting between President Donald Trump and

Chick-fil-A location in New York City, Aug. 6, 2026. Marcin Golba | Nurphoto | Getty Images With restaurants as far-flung as Singapore, Chick-fil-A has expanded far beyond its Southeastern stronghold in recent years, but CEO Andrew Cathy still wants the family-owned business to stay true to its roots. Nearly five years ago, Cathy succeeded his

Micron reported better-than-expected quarterly results on Wednesday as the memory maker continues to benefit from soaring demand for AI infrastructure. The stock rose slightly in extended trading. Here’s how the company did relative to LSEG consensus: Earnings per share: $33.42 adjusted vs. $31.61 expected Revenue: $54.23 billion vs. $51.07 billion expected Revenue almost quadrupled in

The Draft Kings website arranged on a laptop in New Hyde Park, New York, US, on Wednesday, Sept. 17, 2025. Gabby Jones | Bloomberg | Getty Images Wagering on sports outcomes has exploded in the 2020s, but recent surveys show just how widespread gambling has become for Generation Z.  A survey of retail investors released

September ended on a mixed note, with the S&P 500 and Dow Jones Industrial Average falling 0.5% and 4.3%, respectively, while the Nasdaq Composite climbed 1.9%. Markets remained on edge with higher oil prices and Treasury yields weighing on investor sentiment and triggering fears of additional interest rate hikes. In this climate, investors with a

Increasingly sophisticated vehicles are forcing repair shops to spend more on computers, software and calibration equipment — costs that mechanics say are reaching consumers. Auto mechanic Ralph Czeisler in Brooklyn, New York, said the rapid pace of technological change is forcing him to invest more time and money just to perform even basic repairs, and

Stocks ended on a high note Friday after the monthly jobs report delivered the Goldilocks number investors wanted — not strong enough to stoke inflation, but not weak enough to raise recession fears. Still, the gains weren’t enough to push all three major averages into positive territory for the week. The Dow posted a weekly

Before artificial intelligence can take Wall Street jobs, it is first creating them. Posts for AI-related roles at banks including JPMorgan Chase, Citigroup and Capital One surged 49% this year compared with 2025 to 139,819 listings, according to an analysis by enterprise hiring data firm Draup that was provided exclusively to CNBC. The fastest-growing area

This combination of file pictures created on Sept. 29, 2026, shows Brazil’s President Luiz Inacio Lula da Silva at the Planalto Palace in Brasilia on Sept. 16, 2026; and Brazil’s right-wing Presidential candidate Flavio Bolsonaro at the Maracanazinho gymnasium in Rio de Janeiro, Brazil, on Aug. 22, 2026. Evaristo Sa | Mauro Pimentel | Afp

The Federal Aviation Administration said Friday that it has determined a new software glitch on some Boeing 737 Max aircraft isn’t a flight-safety issue. The determination paves the way to certification for the last model in the company’s best-selling family of airplanes, the 737 Max 10, just as Boeing seeking to sell and deliver more

People check out a new Rivian R2 midsize SUV during a preview at the showroom in Chicago’s Streeterville neighborhood on Friday, April 24, 2026. Josh Boland | Chicago Tribune | Tribune News Service | Getty Images Rivian Automotive on Friday reconfirmed its 2026 vehicle delivery guidance after reporting a year-over-year increase of 46% during the

A television station broadcasts Kevin Warsh, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting as a trader works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Sept. 16, 2026. Michael Nagle | Bloomberg | Getty Images Investors now think the

POWER POINT What I’m hearing from energy insiders Oil flows through Hormuz are rising, more ships are safely getting through the Strait, and oil prices seem to be coming down — at least for now. Goldman Sachs wrote Wednesday that Persian Gulf exports have “recovered to their 2025 average after doubling in September.” The firm

People pass by a Nike store in New York, Sept. 29, 2026. KHemaz | GVN | Getty Images Nike on Thursday posted a mixed fiscal first quarter and announced a restructuring plan that will lead to layoffs starting next year. The company also offered a full-year outlook, saying it expects revenues to decline by a