An exchange-traded fund strategy that delivers Treasury bill-like returns with lower taxes is getting a fresh boost as Wall Street firms bet the approach will survive rising scrutiny from the US Treasury.

Scott Bessent’s bid to tame US borrowing costs knocked down long-term yields for barely a day. The more lasting market signal: the dollar weakened while gold and Bitcoin rallied, reinforcing a debasement trade fueled by swelling US deficits and concerns over the direction of US economic policy.

Three weeks ago, Wall Street’s casino crowd took a beating. AI stocks buckled, semiconductor shares tumbled and leveraged trades unraveled.

The financial world’s catalog of complaints keeps getting longer. In markets, however, the response is increasingly one of indifference.

The US Treasury Department has expressed concern over a number of high-profile tax strategies touted by Wall Street that it says may be “too good to be true.”

Polymarket is seeking regulatory approval to offer margin trading in the US, a move that would let users bet on events with less capital upfront and help the prediction market platform attract more sophisticated traders.

Spotify has asked Kalshi and Polymarket to remove its logo and clarify that neither company has a partnership with the streaming service after it identified users manipulating rankings that are tied to prediction market bets.

Spotify has asked Kalshi and Polymarket to remove its logo and clarify that neither company has a partnership with the streaming service after it identified users manipulating rankings that are tied to prediction market bets.

This week’s tech rout did more than puncture one of the year’s hottest trades: it exposed the machinery of modern speculation — and how quickly it can work in reverse.

South Korea’s AI-fueled selloff has put a spotlight back on one of the fastest-growing corners of retail investing: leveraged exchange-traded funds.

A series of unusual multibillion-dollar flows has rippled through the exchange-traded fund market in the past week, suggesting some major investors used a contentious method to get exposure to the initial public offering of SpaceX. At least one fund manager placed temporary restrictions on its product in a bid to curb the practice.

Kalshi Inc. is looking to expand its new perpetual futures business beyond digital assets after the never-expiring derivatives racked up more than $5.5 billion of trading volume in their first two weeks on the prediction-market platform.

Wall Street just spent the week ricocheting between the macro and the mania.

The Investment Company Institute has asked the US Treasury Department for guidance on a fast-growing ETF strategy that allows investors to sidestep immediate capital-gains taxes, as uncertainty grows over how regulators view the practice.

George Santos has emerged as the latest flashpoint in the controversy over possible insider trading on prediction markets, as concerns become increasingly widespread about potential illicit bets on the platforms.

George Santos has emerged as the latest flashpoint in the controversy over possible insider trading on prediction markets, as concerns become increasingly widespread about potential illicit bets on the platforms.

Caution has become the most expensive position on Wall Street.

For years, the most popular way to trade crypto — a never-expiring, highly leveraged contract called a perpetual future — has existed almost entirely beyond the reach of US regulators, thriving on offshore exchanges that operate outside American law.