Davos WEF
Major company leaders examine financial innovation at the Entire world Economic Discussion board
Finance
Prediction markets have a new favorite for the next Fed Chair — Christopher Waller
Federal Reserve Governor Christopher Waller converses on the sidelines of a monetary policy conference at Stanford University’s Hoover Institution in Palo Alto, California, U.S., May 9, 2025. Ann Saphir | Reuters The odds that Federal Reserve Governor Christopher Waller will be named the next chairman crossed above 50% for the first time on prediction market […]
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Finance
Stocks making the biggest moves premarket: Eli Lilly, Peloton, Intel, Duolingo and more
Check out the companies making headlines before the bell. Eli Lilly — The pharmaceutical stock dropped more than 7% despite posting a second-quarter earnings and revenue beat . The company also raised guidance for both its full-year earnings and revenue. Meantime, Eli Lilly reported that the highest dose of an experimental daily pill helped patients […]
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Finance
Trump order will allow alternative assets like cryptocurrencies, private equity in 401(k)s
Key Points President Donald Trump will sign an executive order Thursday to allow alternative assets into 401(k)s, CNBC has learned. The executive order will direct the U.S. Secretary of Labor to review fiduciary guidance on private market investments in 401(k) and other defined-contribution plans. An executive order would mark a major victory for private asset […]
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