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Business Highlights

Polymarket Bets on Iran War Show Limits of Prediction Markets for Wall Street - Bloomberg.com

Prediction market platforms have justified their existence to regulators and lawmakers with a high-minded argument: their contracts are novel financial instruments that let investors hedge against ec… [+270 chars]

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Latest Business News

‘They are extremely accurate’: Trump offers Latin American leaders US missile strikes to hit drug cartels
‘They are extremely accurate’: Trump offers Latin America...

US President Donald Trump on Saturday urged Latin American nations to use military power against ...

Govt hikes kerosene price by Rs130 to Rs318.81 per litre
Govt hikes kerosene price by Rs130 to Rs318.81 per litre

ISLAMABAD: After announcing a whopping Rs55 per litre increase in petrol and high-speed diesel pr...

Kuwait’s national oil company cuts production as precaution amid Iran tensions
Kuwait’s national oil company cuts production as precauti...

Kuwait has implemented a precautionary reduction in crude oil production and refining throughput ...

Jailed PTI leaders call for putting aside ‘personal ambitions, political grudges’ for Pakistan’s sake
Jailed PTI leaders call for putting aside ‘personal ambit...

Five senior PTI leaders currently incarcerated at Lahore’s Kot Lakhpat jail said on Saturday that...

Qatar Appears to Have Loaded First LNG Cargo Since Force Majeure - Bloomberg.com
Qatar Appears to Have Loaded First LNG Cargo Since Force ...

Qatar appears to have loaded its first liquefied natural gas cargoes after the widening conflict ...

Worried that AI might replace you? Check out this graph from Anthropic showing the jobs most at risk - Business Insider
Worried that AI might replace you? Check out this graph f...

Anthropic economists say that AI use is far from reaching its full potential to disrupt the labor...

Business Analysis

Rocket Report: SpaceX launch prices are going up; Russia fixes broken launch pad - Ars Technica
Rocket Report: SpaceX launch prices are going up; Russia fixes broken launch pad - Ars Technica

Analysis by Stephen Clark

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Oracle and OpenAI End Plans to Expand Flagship Data Center - Bloomberg.com
Oracle and OpenAI End Plans to Expand Flagship Data Center - Bloomberg.com

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAIs changing needs. The collapsed tal...

Analysis by Brody Ford, Edward Ludlow, Dina Bass

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The FDA, urged to avoid controversy, creates a new headache with attack against UniQure - statnews.com
The FDA, urged to avoid controversy, creates a new headache with attack against UniQure - statnews.com

There was a telling exchange during a Thursday media call set up by the Food and Drug Administration to enable a senior FDA official he could only be quoted anonymously to attack UniQure and its ex...

Analysis by Adam Feuerstein

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Private Debt Should Face ‘Full-Blown Default Cycle,’ Pimco Says - Bloomberg.com
Private Debt Should Face ‘Full-Blown Default Cycle,’ Pimco Says - Bloomberg.com

With record fundraising after the 2008 financial crisis, direct-lending vehicles have loosened their underwriting standards and are due for a stress test, according to a Pacific Investment Manageme...

Analysis by Laura Benitez

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Iran Is Bombing Data Centers in Retaliation - Futurism
Iran Is Bombing Data Centers in Retaliation - Futurism

Can’t-miss innovations from the bleeding edge of science and tech Earlier this week, Iranian drones hit three Amazon Web Services (AWS) facilities in the United Arab Emirates and Bahrain, triggerin...

Analysis by Victor Tangermann

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