Finance

Options Traders Craving Volatility Look Past Fed to Jobs Data

Options Traders Craving Volatility Look Past Fed to Jobs Data

Options markets are pricing in a 0.78% move for the US nonfarm payrolls report Oct. 3 and 0.72% for Wednesday’s Fed rate decision, according to Citigroup Inc. (Bloomberg) — Even as th...

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Why Bitcoin Miners Are Powering AI’s Expansion

Why Bitcoin Miners Are Powering AI’s Expansion

When Core Scientific signed a $3.5 billion deal to host artificial intelligence (AI) data centers earlier this year, it wasn’t chasing the next crypto token — it was chasing a steadier paycheck. ...

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Why Tesla’s Board Wants to Make It Rain for Elon Musk

Why Tesla’s Board Wants to Make It Rain for Elon Musk

– Elena Scotti/WSJ, Getty Images The thing Tesla is selling hardest these days is the idea that Elon Musk needs to be paid more. And the woman handed that sales job—again—is Robyn Denho...

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Fed Debate Turns to Pace of Cuts Amid Heavy Trump Pressure

Fed Debate Turns to Pace of Cuts Amid Heavy Trump Pressure

The Marriner S. Eccles Federal Reserve building during renovations in Washington, DC. (Bloomberg) — The Federal Reserve is poised to resume cutting interest rates for the first time i...

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Trump’s Ivy League Deals Are Set to Funnel Cash to Trade Schools

Trump’s Ivy League Deals Are Set to Funnel Cash to Trade Schools

The Brown University campus in Providence, Rhode Island. (Bloomberg) — President Donald Trump’s campaign to squeeze billions of dollars out of Harvard University and other elite college...

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