The prediction market underwent a major transformation on Friday when President Donald Trump announced Kevin Hassett would likely remain in his White House position. The development resulted in higher probabilities for former Federal Reserve governor Kevin Warsh to become the next Fed chair. MarketWatch reports that Kalshi decreased Hassett’s chances to become Fed chair to
“GLP-1 drugs don’t just change what people eat,” Karthik Srinivasan, communications strategy consultant, tells Invezz. They change whether people want to eat at all. That’s why this stops being a marketing problem and becomes a business-model problem for a whole lot of categories. The weight-loss drug boom didn’t just spark a health revolution—it’s triggering a
Indian stocks, especially the nation’s tech sector, will likely face turbulence in the first half of 2026, according to Amish Shah, a senior Bank of America Securities analyst. Speaking this morning with CNBC, Shah said near-term events are stacked against investors, with the February 1st Union Budget likely to disappoint expectations for stimulus. While foreign
The Trump administration on Thursday unveiled what it called the “Great Healthcare Plan,” a broad framework aimed at addressing healthcare affordability, drug prices, and insurance transparency. While the White House described the plan as a decisive step toward reform, analysts and healthcare policy experts largely characterized it as lacking detail, politically constrained, and unlikely to
Artificial intelligence is reshaping cybersecurity faster than many companies can adjust their defences. It is helping organisations spot threats earlier, automate responses, and patch vulnerabilities more quickly. But the same tools are also being used by cybercriminals to scale attacks, create smarter phishing, and exploit weaknesses at speed. A new survey from corporate insurer Axis
Porsche share price continued its freefall on Friday after the company published the latest vehicle delivery data. It tumbled to €42.35, its lowest level since November 2021, and 14% below its highest level in November. It remains 61% below its all-time high. Porsche vehicle sales plunge Porsche, one of the best-known vehicle brands, has come
Singapore, 16 January 2026 – Veera, a crypto-powered financial services platform focused on inclusion and usability, has raised a total of $10 million across its pre-seed and seed funding rounds to accelerate product development and to expand access to on-chain financial services globally. The company has raised a total of $10 million across its pre-seed
US household wealth is booming. Net worth crossed $181 trillion in late 2025, driven by soaring stock markets and still rising home values. The President recently declared the start of an “economic” boom in the United States. He also celebrated the “defeat” of inflation. But at the same time, the majority of Americans say the
As weight-loss drugs fuel a dramatic shift in American waistlines, Wall Street is eyeing an unexpected beneficiary of the trend: the airline industry. Analysts at Jefferies suggest that the widespread adoption of obesity drugs could lead to significant fuel savings for carriers, as lighter passengers reduce overall aircraft weight and enhance fuel efficiency. With fuel
Canada is betting on a faster reset with China after months of trade disruption that hit farmers, seafood exporters, and the wider supply chain. During Prime Minister Mark Carney’s visit to China this week, Ottawa said it expects Beijing to cut tariffs on Canadian rapeseed, known locally as canola, by March 1. The shift would