Pope Leo XIV holds his weekly general audience at St. Peter’s Square in Vatican City, June 11, 2025. Massimo Valicchia | Nurphoto | Getty Images Pope Leo warned over the weekend about a “social calamity” that could come from mass unemployment due to the adoption of artificial intelligence technologies. Prediction market traders appear to think…
The Late Show with Stephen Colbert during Thursday’s July 25, 2019 show. CBS Photo Archive | CBS | Getty Images Stephen Colbert’s final appearance on “The Late Show” on Thursday marked the end of his 11-year run in his staple late night television slot. But one day later, he found a way back on TV:…
In this photo illustration, Apps for online prediction market sites are shown on an electronic device on Feb. 25, 2026 in Chicago, Illinois. Scott Olson | Getty Images States and the federal government may be battling over who has the power to regulate prediction markets, but the companies building them are chugging along as the…
U.S. treasury bonds typically occupy a special place in an investor’s portfolio — the asset class against which all other market risk is measured. But a surge in long-dated yields is forcing investors to rethink this assumption. The yield on the 10-year treasury recently surged to a level it had not seen in over a…
The S&P 500 has staged an impressive recovery, rallying more than 17% off its March lows on a combination of tariff relief optimism, resilient earnings and a powerful rebound in semiconductors. It is a move that has rewarded patience. It is also one that has quietly made hedging both more affordable and more strategically sensible….
The Micron Technology offices in San Jose, California, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Quantum stocks jumped this week on news that the U.S. government was taking equity stakes in nine companies, including IBM, as President Donald Trump’s administration continues to acquire shares of private sector companies. So where might…
The Commodity Futures Trading Commission headquarters in Washington, Dec. 23, 2022. Ting Shen | Bloomberg | Getty Images As prediction markets’ volumes grow at a ruthless pace, their businesses are being challenged by states across the country. The federal government is fighting a multifront battle to stop the state actions and assert its regulatory authority. …
A netizen is using a computer and smartphone to view the NVIDIA logo and webpage in Suqian City, Jiangsu Province, China on April 29, 2026. Cfoto | Future Publishing | Getty Images All eyes are on Nvidia, the world’s most valuable company and artificial intelligence trade darling, as it is set to report fiscal first-quarter…
Warren Buffett speaks with CNBC during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026. David A. Grogan | CNBC Billionaire investor Warren Buffett hinted in March that Berkshire Hathaway had made a small addition to its portfolio. A new regulatory filing may have just revealed what he was referring to….
As investors worry about all of the companies that AI will wipe out, they are rotating into the ones that AI will have a harder time disrupting. And the HALO trade, as it is called, is working. HALO, which stands for “heavy assets, low obsolescence,” was coined by Josh Brown, co-founder and CEO of Ritholtz…
