The company runs a betting exchange in the UK and also operates in Ireland, Malta, Sweden and in Indiana, United States. Courtesy: Smarkets Smarkets, a UK-based betting exchange, is making its way into the U.S. by pursuing two separate avenues. The company, which was founded in 2008, filed for a license with the Commodity Futures…
The caverns that hold the U.S. strategic oil reserves could get damaged by the rapid release of stockpiles in response to the Iran war, experts warned this week as inventories hit a four-decade low. Damage to the caverns would make it more difficult to respond to future energy emergencies, the experts said. The oil in…
U.S. dollar banknotes Jose Luis Gonzalez | Reuters Many investors are turning to short-term investments, particularly ultra-short bond funds, amid persistent concerns that the equity market is headed for an inevitable downturn and long-term bonds like the 10-year treasury are not providing the diversification benefits that they have provided within portfolios historically. Stock market returns…
BANDAR ABBAS, IRAN – AUGUST 10: Two youths sit on the shoreline as ships are seen anchored in the Strait of Hormuz on August 10, 2026 off the coast of Bandar Abbas, Iran. (Photo by Ali Saeedi/Getty Images) Getty Images | Getty Images News | Getty Images Iran rebuffed U.S. President Donald Trump’s claim that…
The race to build data centers is reshaping power grids, construction markets and corporate capital spending on Earth. Now, some of the biggest names in technology and space want to move part of that infrastructure into orbit. This would launch a new frontier for insurers — if they can figure out how to price a…
Daniel De La Hoz | Moment | Getty Images Even as companies devote more resources to cybersecurity, the number of reported data breaches involving consumers‘ personal data is on pace to surpass last year’s record. More than 471 million million victim notices were associated with data compromises in the first half of 2026, according to…
NATO fighters shot down a drone over eastern Latvia on Friday, the country’s armed forces said, in an incident authorities linked to “Russian electromagnetic warfare.” The drone was destroyed over the Balvi region by aircraft taking part in NATO’s Baltic Air patrol mission. Latvia said airspace alerts were issued across several eastern and southern regions…
Harvesters pick grapes in vineyards during the 2025 Champagne harvest in Hauvillers, north-eastern France on August 28, 2025. Francois Nascimbeni | Afp | Getty Images Sweltering summer temperatures look set to spur the earliest Champagne harvest on record and potentially one of the most challenging. The French region’s winemakers face lower crop yields, weaker consumer…
In this pool photograph distributed by the Russian state agency Sputnik, Russia’s President Vladimir Putin meets with Moscow-installed leader of the Russian-controlled parts of the Zaporizhzhia region, at the Kremlin in Moscow on July 20, 2026. Alexander Kazakov | Afp | Getty Images After four-and-a-half years of full-scale war with Ukraine, Russia has become a…
Homes line the streets of a neighborhood in Thousand Oaks, California, May 23, 2026. Kevin Carter | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds,…
