JPMorgan Chase’s CEO is reportedly warning of the possibility of a worse-than-anticipated credit market downturn. That’s especially true for the private credit space, where the sheer number of companies—upwards of 1,000—means not all of them will do well in the market falls, Jamie Dimon said...
Among traders on Polymarket’s prediction market platform, there are almost twice as many who have lost at least $1,000 as there are who have made that much, Bloomberg reported Tuesday (April 28). Bloomberg analyzed every wallet active since the beginning of 2025 and found that over 100,000 accounts lost at...
Greenlight Commodities executed an institutional prediction market trade over the counter on the Kalshi platform, it said in a Monday (April 27) press release. The transaction was executed between a Houston-based environmental hedge fund and institutional liquidity provider Jump Trading Group, according to Greenlight Commodities,...
Retail spending surprised analysts with an upswing in March, but the headline strength came with a familiar caveat: higher prices at the pump did much of the heavy lifting, even as underlying demand held together. Online sales continued to show momentum, as well. Advance estimates...
The increases in corporate borrowing reported by U.S. banks last week suggest parts of the economy are remaining resilient amid current pressures, Reuters reported Monday (April 20). The report said the gains came despite inflationary pressures, fears of a slowdown, and uncertainties around policy and...
Coinbase has launched a marketplace designed to help developers and artificial intelligence (AI) agents discover, compare and integrate tools for autonomous commerce enabled by the x402 protocol. The new Agentic.Market currently includes services across inference, data, media, search, social, infrastructure and trading, the company said in a Sunday (April 19) press...
The Federal Reserve’s latest Beige Book, released Wednesday (April 15), describes an economy that keeps growing even as businesses and households navigate mounting uncertainty and uneven financial conditions. Across the 12 Federal Reserve Districts, activity advanced modestly in most regions, with hiring and spending holding...
Wall Street broker Bernstein expects prediction market volumes to hit $1 trillion by 2030. The company’s findings, the subject of a report Wednesday (April 16) by CoinDesk, said this milestone will happen as the industry moves from niche bets to a larger “information market” that...
The Producer Price Index (PPI) rose less than expected in March amid the spike in energy prices due to the war in Iran. The PPI increased 0.5% during the month, which was the same as February and lower than the 0.6% recorded in January, according...