Odds of Trump tapping David Zervos for Fed chief jump on Kalshi after CNBC report

Key Points

Users on prediction market Kalshi are upping their bets that Jefferies Chief Market Strategist David Zervos will become the next Federal Reserve chair.
The move comes after sources told CNBC that President Donald Trump is considering 11 candidates to succeed current Fed Chair Jerome Powell once his term is up.

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Finance

Chinese stocks slide as Trump threatens tariffs, accuses Beijing of holding world ‘captive’

October 10, 2025

In this article PDD 9618-HK BIDU 9988-HK Follow your favorite stocksCREATE FREE ACCOUNT Cheng Xin | Getty Images Chinese stocks trading in the U.S. tumbled Friday after former President Donald Trump threatened to sharply raise tariffs on Chinese imports if he returns to office, warning that China has become “very hostile.” Alibaba and Baidu each […]

Finance

Why Wall Street’s old ‘wall of worry’ and new ‘debasement’ trade are boosting gold, bitcoin in typically volatile October

October 10, 2025

ETF Edge Why Wall Street’s old ‘wall of worry’ and new ‘debasement’ trade are boosting gold, bitcoin in typically volatile October Published Fri, Oct 10 202512:02 PM EDTUpdated 2 Min Ago Krysta Escobar Jill Schneider WATCH LIVE Source

Finance

Morgan Stanley drops restrictions on which wealth clients can own crypto funds

October 10, 2025

Key Points Morgan Stanley on Friday told its financial advisors that the firm was broadening access to crypto investments to all clients and allowing such investments in any type of account, including retirement accounts, CNBC has learned. Starting Oct. 15, advisors will be able to pitch crypto funds to any client. Previously, the option was […]