A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox.As prediction market trading volume booms, Truist analysts say there could...
Year: 2026
MrBeast platform gets $200 million investment from Tom Lee’s Bitmine
The media platform founded by Jimmy Donaldson, known as the popular YouTuber MrBeast, is drawing a $200 million investment from Bitmine Immersion Technologies, the world's leading ethereum treasury company.The Bitmine investment in Beast Industries is designed to back a digital outlet that has more than 450 million subscribers and attracts...
UK economy surprises with stronger-than-expected 0.3% growth in November
Restaurants and pubs on James Street in London, UK, on Friday, Dec. 13, 2024. Bloomberg | Bloomberg | Getty ImagesThe U.K. economy grew by a more-than-expected 0.3% in November, data from the Office for National Statistics (ONS) showed Thursday. Economists polled by Reuters had expected a very modest growth figure of...
Under threat from Trump, Wall Street banks wager they can fend off credit card price controls
Mark Mason, then CEO of Citi Private Bank, speaks during the Global Wealth Management Summit in New York, June 17, 2014.Shannon Stapleton | ReutersThe biggest U.S. banks show no sign of capitulating to President Donald Trump's mandate to slash credit card interest rates, setting up a confrontation just as the...
Wholesale inflation was softer than expected, retail sales moved higher in November
Wholesale prices moved up less than expected while consumers kept up a heavy buying pace in November, according to economic data released Wednesday.The producer price index, a measure of final demand prices that producers get in the marketplace, rose just 0.2% for the month, according to seasonally adjusted figures from...