The Global Economic News

Longstanding Federal Reserve chair was lionised in office — but his legacy was reassessed in the financial crisis 🔥 EXCLUSIVE PARTNER OFFER SAMODRA Bidet Attachment Ultra-Slim Toilet Seat Attachment Dual Nozzle Bidet Adjustable Water Pressure Non-Electric Ass Sprayer 💎 Exclusive offer! The product everyone is talking about is now at a special price. 🛒 Shop Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.ft.com/content/e26ebf11-2288-4913-96f3-001f6065755a © EcoNews DZ — Global Economic & Financial News

A US soldier was arrested for betting with classified intel now regulators want to crack down on prediction markets Mandel Ngan/AFP via Getty Images Aditi Ganguly Mon, June 22, 2026 at 7:30 AM PDT 8 min read Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. As concerns grow surrounding the prediction market industry, the Commodity Futures Trading Commission (CFTC) has proposed new limits on what topics can and can’t be subject to wagers. While sports bettors might shrug, people who enjoy exploring the fringes of prediction markets are likely to grumble. Top Picks Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake here’s how to fix it ASAP JP Morgan sees gold hitting $6,000/oz before 2027 and a Gold IRA lets you hold the physical metal while deferring the tax bill. Get your free guide from Priority Gold The ultra-rich use these 5 real estate strategies to build wealth while they sleep you can start with ju...

Toy Story 5 scores record opening weekend for franchise 11 hours ago Share Save Add as preferred on Google Osmond Chia Business reporter PA Jessie, Woody and Buzz Lightyear face competition from a digital tablet in Toy Story 5 Disney's Toy Story 5 racked up the animated franchise's best ever opening weekend, with ticket sales of more than $300m ( 227m) globally. Released on 19 June, the fifth installment of the Toy Story saga follows Woody, Jessie and Buzz Lightyear as they face their toughest rival yet - a tablet computer . Its strong box office performance is a return to form for Disney and Pixar after a series of challenges in recent years. It is estimated to be this year's second-biggest opening weekend globally, after The Super Mario Galaxy Movie . That film is currently the highest grossing film of the year, taking in more than $1bn. Toy Story 5 grossed over $160m in North America and more than $150m internationally in its first weekend in cinemas With an estimated...

Alan Greenspan, the longtime Federal Reserve chairman known as "the Maestro" who became one of the most influential economic policymakers of his era and famously warned of "irrational exuberance," has died. He was 100. The influential economist died Monday at his home from complications of Parkinson's Disease, said his wife of 29 years, Andrea Mitchell, the chief Washington correspondent and chief foreign affairs correspondent for NBC News . "He was a giant of a man who helped shape the U.S. economy for decades under presidents of both parties, but was always honest in acknowledging his mistakes," Mitchell said in a statement. Greenspan was appointed Fed chairman in 1987 by President Ronald Reagan and held the position through busts and booms until retiring in 2006. His tenure was the second longest, four months short of that of William McChesney Martin, who presided over the central bank from 1951 to 1970. The Fed in a statement Monday morning said i...

Stocks making the biggest moves premarket: APGE, SPCX, ACA Skip Navigation Markets Business Investing Tech Politics Video Watchlist Investing Club PRO Livestream Menu Check out the companies making the biggest moves premarket: Apogee Therapeutics The biotechnology company soared 50% after AbbVie confirmed it will acquire the company. The $10.9 billion transaction will see AbbVie acquire all outstanding shares of Apogee for $135.11 in cash, a 49% premium compared to Thursday's close. AbbVie said the acquisition will accelerate its presence in the respiratory space, and its shares were up about 1%. Arcosa Shares rose more than 7% after building materials company CRH announced it was acquiring Arcosa for $8.5 billion. The all-cash transaction will value shares of Arcosa at $150, a 10% premium from Thursday's close. CRH said Arcosa's construction products business with help complement the company's existing portfolio. SpaceX The company was on pace to fall in its sixth ...

AI's next bottleneck is power: Chart of the Day Jared Blikre Updated Mon, June 22, 2026 at 3:03 AM PDT 3 min read LULU The AI trade started with chips. Now it's running into the electric grid. US data center electricity demand could more than double by 2030, rising from roughly 167 terawatt-hours in 2023 to about 376 TWh by the end of the decade, according to a Yahoo Finance analysis of government and industry data. More from Yahoo Scout Why is battery storage becoming critical for AI infrastructure? How much will US data center electricity demand increase by 2030? What planned utility-scale capacity additions show the storage buildout? How is the AI trade expanding beyond traditional tech sectors? The increase alone is roughly enough electricity to power 20 million average US homes for a year and closer to 25 million to 27 million homes if total power generation grows with demand. That shift is turning power from a background cost into a frontline constraint and making batter...

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