Kalshi loses bid to stop criminal case filed against it in Arizona
A banner for the prediction market platform Kalshi hangs from a building in Washington, Wednesday, April 1, 2026. (AP Photo/Allison Robbert, File)
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A banner for the prediction market platform Kalshi hangs from a building in Washington, Wednesday, April 1, 2026. (AP Photo/Allison Robbert, File)
With Anthropic gaining momentum in the booming AI market, OpenAI sent a memo to investors this week slamming its chief rival for "operating on a meaningfully smaller curve," and characterizing the company as compute constrained.
U.S. stocks rose, even though oil prices did too, as financial markets moved more modestly a day after surging on optimism about a ceasefire in the war with Iran.
The Financial Services Agency is looking into the potential impact of private credit on the Japanese financial system. (Photo by Nikkei)
Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe on Wednesday informed the Committee on Public Finance (CoPF) that an initial investigation into the fraud that has taken place at the National Development in this regard is currently underway.
Expert said federal law bars officials from taking actions in their jobs that benefit their own financial interests
The Sri Lanka Export Credit Insurance Corporation (SLECIC) and the Bank of Ceylon (BOC) have reaffirmed their longstanding strategic alliance with the signing of a Memorandum of Understanding (MoU) on March 30, marking a significant milestone in their collaborative journey.
Citizens Development Business Finance PLC (CDB) once again played a pivotal role in driving Sri Lanka’s transition toward sustainable mobility as the Official Financial Partner of the Motor EV Technology Show 2026, held from March 27-29, at the BMICH – Sirimavo Hall.
Pan Asia Bank is ushering in the festive season with an array of Avurudu promotions, offering over 250 special deals for its credit cardholders. Designed to enhance the spirit of celebration, these exclusive offers enable customers to enjoy discounts of up to 70% across a wide range of categories, making Avurudu a m…
People’s Bank recently conducted the ‘People’s Remittance – Kalin Avurudu Vaasi Draw 2026,’ rewarding fifty lucky winners with packs of essential goods worth.
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The price of gold has increased to a record high yesterday (April 9) due to the increase in the global market.
The war on Iran is darkening the outlook for the world economy — whether or not a fragile ceasefire holds, the head of the International Monetary Fund warned Thursday.
As the US housing market stalls, one state keeps defying gravity.
Home owners are cutting asking prices up to 60 per cent more often than in 2025, as soaring fuel costs and rising interest rates dampen buyer interest in Sydney and Melbourne.
By Brianna Morris-Grant
The gains in Japanese stocks over the past two years have brought an influx of retail investors into the market. © Reuters
A US federal judge has declined to rule on a dispute between Swiss multinational investment bank UBS and the Simon Wiesenthal Center (SWC) over the scope of a landmark 1999 Holocaust-era settlement with Swiss banks, finding no active legal case to decide.
iPhone users are the target of a new scam.
The U.S. Postal Service’s next-generation delivery vehicle, left, is displayed as one new battery electric delivery trucks leaves the Kokomo Sorting and Delivery Center in Kokomo, Ind., Aug. 29, 2024. (AP Photo/Michael Conroy, File)
When 55 Wall St. — a former 19th-century stock exchange, US Customs House, bank and hotel — converted to luxury condos in 2004, it was a symbol of New York’s grit and resilience in the aftermath of the terror attacks of 9/11.
Most of Africa’s economy operates in the shadows—at least on paper. An estimated 85% of workers are active in the informal sector, conducting business beyond official systems, often through cash-based, trust-driven transactions.
American Airlines is hiking checked baggage fees for domestic and short-haul international destinations and trimming some perks for economy fliers, as soaring jet fuel costs squeeze the global aviation sector.
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Kristalina Georgieva, managing director of the International Monetary Fund (IMF), listens during a briefing in Beijing, China, Dec. 10, 2025. (AP Photo/Ng Han Guan, File)
Government proposes to raise borrowing ceiling from HK$700 billion to HK$900 billion to fund infrastructure development
Government proposes to raise borrowing ceiling from HK$700 billion to HK$900 billion to fund infrastructure development
US vice-president said bloc tried to ‘destroy’ country’s economy, despite it being a net recipient of EU funds
Analysts also warn that Trump’s ‘joint venture’ plan with Iran could formalise a grey zone, while Beijing balances its roles as mediator and energy importer
Analysts also warn that Trump’s ‘joint venture’ plan with Iran could formalise a grey zone, while Beijing balances its roles as mediator and energy importer
Israel’s cabinet has secretly approved a record number of new settlements in the occupied West Bank, according to the Israeli news channel i24NEWS.
Kristalina Georgieva says even ‘most hopeful scenario’ will lead to growth downgrade and cause permanent hit to living standards
The head of the International Monetary Fund issued a stern directive to central banks struggling with the economic impact of the Iran war: fight inflation, even if it means sacrificing growth.
In the face of an increasingly grim job market, those undeterred by germs can bring home a serious payday.
Benin's long-serving finance minister and chosen successor of outgoing president Patrice Talon is expected to win elections on Sunday, with the economy booming but jihadist attacks blighting the north.
Emirates Development Bank, the state-owned lender focused on financing companies in key industrial sectors, aims to approve up to Dh9 billion ($2.45 billion) in funding this year to support UAE's industrial sector growth, according to its chief executive.
The Dubai Financial Services Authority has unveiled flexibility relief measures aimed at helping financial firms cope with the effects of the current regional conflict.
As the dust begins to settle from the latest escalation in the Iran conflict, markets are left to grapple with a more complicated question: what comes next? Is this the beginning of a reset toward stability, another leg up in markets, and lower inflation -or- are the early stages of a broader economic unraveling tie…
Three Palestinians, including a child, were injured during an Israeli military raid on the neighbourhood of Umm al-Sharayet, south of Ramallah in the occupied West Bank, the Palestinian Red Crescent Society reports.
Single-day transactions via China’s Cross-border Interbank Payment System surge past 1 trillion yuan as Beijing’s moves to expand the yuan-payment network show signs of paying off
Single-day transactions via China’s Cross-border Interbank Payment System surge past 1 trillion yuan as Beijing’s moves to expand the yuan-payment network show signs of paying off
Other notable investors include Brooklyn Nets owner Joe Tsai, plus owner of Philadelphia 76ers and former co-owner of the Milwaukee Bucks
European government bonds reversed course on Thursday, moving higher after plunging during the previous session, as a fragile Middle East ceasefire keeps markets on edge.
People shop at a grocery store, in Schaumburg, Ill., Thursday, April 2, 2026. (AP Photo/Nam Y. Huh)
The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - rose 0.4% MoM in February (pre-war), in line with expectations, with YoY rising 3.0% (as expected - lowest since Dec), down from January's +3.1%...
A California’s SNAP benefits shopper pushes a cart through a supermarket in Bellflower, Calif., Feb. 13, 2023. (AP Photo/Allison Dinner, File)
Core inflation eased slightly in February before the recent surge in energy prices, according to a key gauge released Thursday that offers the Federal Reserve a snapshot of conditions leading into the Iran war.
South Korea's financial regulator on Thursday ordered Hanwha Solutions Corp. to submit a revised filing over its plan to issue 2.4 trillion won ($1.6 billion) worth of shares, citing insufficient information.
Stocks resumed their drop and oil erased about a third of its Wednesday drop as traders watched the fragile US-Iran ceasefire shatter by the hour, with both sides accusing the other of breaches while the Strait of Hormuz is still effectively closed and Israel intensified strikes on Lebanon. As of 8:00am ET, S&P futu…