Finance

Options Traders Craving Volatility Look Past Fed to Jobs Data

Options Traders Craving Volatility Look Past Fed to Jobs Data

Options markets are pricing in a 0.78% move for the US nonfarm payrolls report Oct. 3 and 0.72% for Wednesday’s Fed rate decision, according to Citigroup Inc. (Bloomberg) — Even as th...

Read More
Fed Debate Turns to Pace of Cuts Amid Heavy Trump Pressure

Fed Debate Turns to Pace of Cuts Amid Heavy Trump Pressure

The Marriner S. Eccles Federal Reserve building during renovations in Washington, DC. (Bloomberg) — The Federal Reserve is poised to resume cutting interest rates for the first time i...

Read More
Trump’s Ivy League Deals Are Set to Funnel Cash to Trade Schools

Trump’s Ivy League Deals Are Set to Funnel Cash to Trade Schools

The Brown University campus in Providence, Rhode Island. (Bloomberg) — President Donald Trump’s campaign to squeeze billions of dollars out of Harvard University and other elite college...

Read More
‘Selling coffee beans to Starbucks’ – how the AI boom could leave AI’s biggest companies behind

‘Selling coffee beans to Starbucks’ – how the AI boom could leave AI’s biggest companies behind

Image Credits:Eshma / Getty Images How much do foundation models matter? It might seem like a silly question, but it’s come up a lot in my conversations with AI startups, which are increasin...

Read More
Inside the IRS’s Expanding Surveillance of Crypto Investors

Inside the IRS’s Expanding Surveillance of Crypto Investors

The Internal Revenue Service has steadily widened its crypto surveillance capabilities since 2017, moving from narrow probes of individual traders to sweeping requests for user records at major ex...

Read More