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Kalshi, the Prediction Market, Raises $1 Billion at a $22 Billion Valuation
Business

Kalshi, the Prediction Market, Raises $1 Billion at a $22 Billion Valuation

The platform for betting on sports, politics, the weather and more has raised $1 billion and sees big financial firms as...

CitrixNews Staff · 5 months ago
Family office deal-making rebounds in April with healthcare bets
Business

Family office deal-making rebounds in April with healthcare bets

A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to th...

CitrixNews Staff · 5 months ago
Why Investors Are Still Betting Big on Kalshi
Business

Why Investors Are Still Betting Big on Kalshi

The popular prediction market platform has just raised a new funding round that values it at $22 billion, double what it...

CitrixNews Staff · 5 months ago
US farmers resort to extremes amid rising diesel prices: ‘Barely, barely getting by’
Business

US farmers resort to extremes amid rising diesel prices: ‘Barely, barely getting by’

US war with Iran drives diesel fuel prices up during spring planting season, ‘hitting us at the wrong time’, farmers say...

CitrixNews Staff · 5 months ago
Both left and right are deluding themselves about the scale of the energy crisis Britain faces | Ewan Gibbs
Business

Both left and right are deluding themselves about the scale of the energy crisis Britain faces | Ewan Gibbs

Decades of complacency cannot be magicked away by drilling in the North Sea – or even by hoping that renewables will qui...

CitrixNews Staff · 5 months ago
Peloton beats estimates on revenue as higher subscription prices offer a boost
Business

Peloton beats estimates on revenue as higher subscription prices offer a boost

Peloton posted fiscal third-quarter earnings results Thursday that beat Wall Street expectations on revenue but fell sli...

CitrixNews Staff · 5 months ago
Trump’s Iran war may stymie climate gains with boost to big oil, experts say
Business

Trump’s Iran war may stymie climate gains with boost to big oil, experts say

Windfall profits could lock in Trump-era political wins for the industry and slow clean-energy transitionThe billions in...

CitrixNews Staff · 5 months ago
Airlines still have to pay compensation if flights cancelled due to fuel crisis, EU says
Business

Airlines still have to pay compensation if flights cancelled due to fuel crisis, EU says

A Lufthansa Airbus plane is refuelled at Frankfurt. The German airline is among those that have cancelled flights becau...

CitrixNews Staff · 5 months ago
Fast-Food Sales Rise Despite Higher Gas Prices
Business

Fast-Food Sales Rise Despite Higher Gas Prices

Fallout from the war in Iran didn’t dampen quarterly results at McDonald’s, Burger King and Taco Bell.

CitrixNews Staff · 5 months ago
‘At a crossroads’: will piling-up crises force Europe to put brakes on US-style car culture?
Business

‘At a crossroads’: will piling-up crises force Europe to put brakes on US-style car culture?

Bigger vehicles including electric can cause multiple harms, yet resistance to rise of SUVs and trucks has had mixed sup...

CitrixNews Staff · 5 months ago
Gas prices keep rising, but do big oil companies plan to drill more? Not so far
Business

Gas prices keep rising, but do big oil companies plan to drill more? Not so far

Business Gas prices keep rising, but do big oil companies plan to drill more? Not so far May 7, 20266:00 AM ET Heard ...

CitrixNews Staff · 5 months ago
Major rail disruption in South of England following radio fault
Business

Major rail disruption in South of England following radio fault

Major rail disruption in South of England following radio faultJust nowShareSaveAdd as preferred on GoogleJennifer Meier...

CitrixNews Staff · 5 months ago
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