us Business

The futures market now sees at least one interest rate increase this year, as the Federal Reserve’s new leader, Kevin Warsh, vows to fight inflation. Source link

Investors piled on bets for higher borrowing costs after Kevin Warsh opted against providing policy guidance at his first meeting as Federal Reserve chairman. Source link

Companies — including some with no ties to New York or basketball — have posted memes, changed their avatars to Knicks blue and orange, and cheered the team in their captions. Source link

Several countries have restricted the messaging app, a valuable platform for dissidents, criminals and extremists. Here’s an overview. Source link

The company’s blockbuster trading debut is the latest example of how individual investors have become a force in financial markets. Source link

Drivers are enjoying some relief at the pump after the United States and Iran signed an agreement to reopen the Strait of Hormuz. Source link

Oil prices fell and stocks rose after Pakistan announced that the agreement to reopen the Strait of Hormuz would take effect immediately. Source link

A bankruptcy court has started the process to sell the airline’s right to fly to and from the New York City airport, but finding a buyer could be hard. Source link

Small businesses say relentless pressures from tariffs and higher energy prices have sapped their resilience and finances. Source link

Platforms like Kalshi let millions wager on sports and pop culture. They’re now hoping institutions will use them for big-ticket trading like hedging. Source link