Stephen Moore, a former economic adviser to President Trump, said Monday that Federal Reserve Chair Kevin Warsh is in a “tough” position ahead of the central bank’s meeting regarding interest rates this week. “It’s a tough position for my friend Kevin Warsh because I think job number one for the Fed [is to] get that…

The NBA announced Monday it is partnering with prediction markets Kalshi and Polymarket, as multiple states have sued those companies in an attempt to establish their regulatory authority over them. The league said in a release it entered into a memorandum of understanding with the Commodity Futures Trading Commission (CFTC) to designate Kalshi and Polymarket…

Bill Pulte, the director of the Federal Housing Finance Agency (FHFA), said Monday he will not tolerate “abusive monopolies” dominating the mortgage market. “Abusive monopolies will not be allowed to take advantage of consumers anywhere in the mortgage market,” Pulte wrote Monday on social platform X. Pulte said last month that Fannie Mae and Freddie…

President Trump said Sunday his trade war with Canada will be over “soon,” as the dispute poses ongoing political problems for Republicans in the midterms.  During a rally in Port Huron, Mich., Trump reiterated his view that Canada “has been ripping off” the U.S. “for years.” The president used that justification in imposing 50 percent…