Business

NYSE owner takes $2 billion stake in Polymarket as prediction markets heat up

NYSE owner takes $2 billion stake in Polymarket as prediction markets heat up

By Ateev Bhandari (Reuters) -Intercontinental Exchange said on Tuesday it would invest up to $2 billion in Polymarket, marking the…

October 7, 2025

Fed's Kashkari says he's skeptical AI is replacing workers, but it may push up rates

By Ann Saphir (Reuters) -Federal Reserve Bank of Minneapolis President Neel Kashkari on Tuesday said that while he doesn't believe…

October 7, 2025

Fed's Kashkari says he's skeptical AI is replacing workers, but it may push up rates

By Ann Saphir (Reuters) -Federal Reserve Bank of Minneapolis President Neel Kashkari on Tuesday said that while he doesn't believe…

October 7, 2025

Automaker BMW cuts 2025 earnings forecast

BERLIN (Reuters) -BMW has cut its 2025 earnings forecast due to slow growth in China and U.S. import tariffs, the…

October 7, 2025

European luxury shares rise as creative debuts raise hopes for sales comeback

By Mateusz Rabiega (Reuters) -Shares of European luxury players rose on Tuesday, pushing the European luxuries index to its highest…

October 7, 2025

Fifth Third CEO says Comerica deal will expand presence in US middle markets, growth regions

By Nupur Anand NEW YORK (Reuters) -Fifth Third CEO Tim Spence said discussions to buy regional bank Comerica started a…

October 7, 2025

NY Fed finds rising worry about state of job market in September

By Michael S. Derby NEW YORK (Reuters) -Americans grew more worried about the future of the job market in September,…

October 7, 2025

Johnson & Johnson ordered to pay $966 million after jury finds company liable in talc cancer case

By Diana Novak Jones (Reuters) -A Los Angeles jury late on Monday ordered Johnson & Johnson to pay $966 million…

October 7, 2025

Stablecoins could suck $1 trillion from EM banks in next three years, Standard Chartered estimates

By Marc Jones LONDON (Reuters) -The boom in U.S. dollar-backed stablecoins, helped by Donald Trump's crypto policies, could suck $1…

October 7, 2025

Analysis-Private credit cash pivots from 'risky' West to emerging markets

By Libby George and Rodrigo Campos LONDON/NEW YORK (Reuters) -An intricate series of pipes off Angola's Atlantic coast snakes toward…

October 7, 2025