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Bitget 'not expecting to recover a lot' from $388 million hack, CEO tells CNBC

Bitget has frozen a tiny fraction of the $387.5 million stolen in last week’s hack, and restored much of its protection fund.

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Fed's Kashkari says inflation is 'still too high' even after softer-than-expected PCE data, labor market is 'pretty good'

Kashkari sat down with CNBC's Steve Liesman for an exclusive conversation Wednesday night.

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CNBC

Kalshi, Polymarket trading volumes on some products raise questions amid massive growth

Unusual trading patterns on Kalshi and Polymarket are drawing scrutiny as experts debate whether reported volumes reflect organic market activity.

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CNBC

Singapore's Temasek to expand Middle East presence, open Abu Dhabi, Riyadh offices

Singapore state investor Temasek plans to open offices in Riyadh and Abu Dhabi by the first half of 2027, its most significant Mideast expansion to date.

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Beijing warns of retaliation if Europe imposes curbs on Chinese businesses

China must "respond firmly" if the EU introduces restrictions on Chinese businesses or products, the Commerce Ministry said, according to a CNBC translation.

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Goldman Sachs CEO succession planning faces one big problem

The Goldman Sachs board has reportedly discussed replacing CEO David Solomon, 64, with president John Waldron, 57, as early as next year.

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Prediction market traders think the U.S. added more jobs in September than economists estimate

The higher-than-consensus expectations are a bet that the U.S. had another strong month of job growth.

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Polymarket taps Goldman Sachs veteran Lisa Mantil to attract Wall Street liquidity

Lisa Mantil, after a nearly three-decade run at Goldman, will join the prediction market's team to attract institutional traders.

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Trump’s municipal bond portfolio reaches as much as $1 billion as policy overlaps mount

President Donald Trump disclosed municipal bond holdings worth $300 million to $1 billion, including debt tied to issuers affected by federal policy.

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China has three new criteria for humanoid robot IPOs. Few, if any, meet them

China's securities regulator is raising the bar for public listings of humanoid robot startups with three specific criteria, according to three sources.

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Nearly half the stocks in the S&P 500 are at cross purposes with the rest of the market

Almost half of the stocks in the S&P 500 have a negative beta, evidence of a chasm between the entire index and its individual components.

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CNBC

U.S., China to lower tariffs on $60 billion of goods. Here's what qualifies

The lists included U.S. imports of toys, sports equipment and Christmas decorations, while U.S. farm products appeared on the list of Chinese imports.

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Trump-Xi summit analysis: 'Tangible outcomes' needed for U.S.-China truce to hold

U.S. President Donald Trump and Chinese President Xi Jinping met in Washington, D.C., last week and signaled plans to meet two more times this year.

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Debt-hungry AI companies face increased risk as bond yields spike

The AI infrastructure buildout shows no sign of slowing, but the surge in Treasury yields means it's at least going to cost more.

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This may be the ‘missing piece’ for investors looking to boost AI exposure

Matthews Asia portfolio manager Andrew Mattock delivers a strategy that revolves around the world's second largest economy.

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The 10-year Treasury yield is at its highest in nearly two decades. How we got here

The benchmark yield has climbed to a 19-year high, fueled by sticky inflation, heavy bond issuance and an AI-fueled investment boom.

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Why Xi believes the U.S. and China can overcome the 'Thucydides Trap'

In May, Chinese President Xi Jinping asked U.S. President Donald Trump whether the countries could avoid destructive rivalry. Now, it seems, he thinks they can

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Appeals court rules that states can regulate Kalshi’s sports prediction markets, dealing another legal blow to platforms

The decision is the second in less than a month by an appeals court that states have a role in regulating sports-related event contracts.

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