Finance

The institutionalization of prediction markets threatens to erode the edge of skilled traders who earn off mispricing and market inefficiencies, experts say. Read the original report.

In August, consumer prices rose 3.4% over the past year while wages increased just 3.1%. Read the original report.

Its the latest move by the prediction market company to diversify its assets users can trade. Read the original report.

Chinese netizens focused on the price of Apple’s iPhone Duo, as cheaper Xiaomi and Huawei foldables raise value comparisons and muddle the foldable's reception. Read the original report.

Ant-backed startup JoyIn's CEO published an article in Chinese that raised questions about similarities between his company's new model and OpenAI publications. Read the original report.

As Chinese electric car sales slow and share prices tumble, several of the automakers are ramping up humanoid robotics development. Read the original report.

Visa, Mastercard and Ant International are working on common standards for AI-agent payments — including ways to verify and monitor their transactions. Read the original report.

The investors will subscribe to new shares in three tranches and collectively own about 5.54% of the airport operator after the final tranche. Read the original report.

More than 60% of cryptocurrency platforms that lost money due to cyberattacks had undergone independent security audits, CoinGecko said. Read the original report.

Visa is doubling down on blockchain-powered financial services with a new program to help issuers of stablecoin-linked cards access loans. Read the original report.

China rejected G20 pressure over export-driven growth while also challenging U.S. Iran sanctions and European trade measures. Read the original report.

The sweetener's prices surged last week, reflecting a sharp deterioration in the global supply outlook. Read the original report.

With a bigger capital cushion, financial institutions may also be asked to do more to mobilize resources in capital markets, analysts say. Read the original report.

Bitcoin headed for its third straight winning week, as traders searched for refuge amid volatile moves in equities, currencies and bond markets. Read the original report.

Filling open commissioner positions at the regulatory agency has been a sticking point in negotiations over the Clarity Act. Read the original report.

Nepal's devastating floods have raised fresh concerns for the country's vital adventure tourism industry ahead of its peak travel season. Read the original report.

In an appearance on CNBC's "Squawk Box," Greg Abel said that yields in the country are still relatively low. Read the original report.

New York Fed President John Williams said higher Treasury yields reflect a strong economy as he weighs whether another interest rate hike is needed. Read the original report.

The prediction market platform and the financial infrastructure and brokerage startup are working to get Kalshi's event contracts to global investors. Read the original report.

An arbitrator earlier this month said Gemini Space Station did not mislead users of its Earn program. Read the original report.