News list for " Asset"
Polymarket is betting on a 56% chance that Hassett, director of the National Economic Council, will become the next Federal Reserve chairperson. In addition, Warsh has a 22% chance of being elected and Waller has a 12% chance of being elected.
In the forecast market, bets on National Economic Council Director Hassett to become the next Federal Reserve chairperson are again significantly ahead, with Polymarket rising to 54%, Kalshi rising to 51%, and Walsh and Waller equally ranking second and third in the probability of being nominated by Trump.
Alex Shingler, co-head of income investing at BlackRock's multi-asset business, plans to leave in early 2026, ending an 18-year career at the world's largest asset manager.
The price of silver broke through $66 an ounce for the first time on Wednesday, up nearly 130% for the year. With a new round of rally that began on the day pushing its price up more than 4%, the total market value of silver has now reached $3.75 trillion, surpassing AI giant Google and becoming the fourth largest asset in the world, after gold, Nvidia and Apple. (Golden Ten)
US Treasury Secretary Vincent Bescent: Any concern about Hassett is "ridiculous". He is as fit as anyone else to be chairperson of the Federal Reserve.
The Hong Kong Securities Supervision Commission's list of "suspicious virtual asset trading platforms" has added four new ones in the past two months, namely "HKTWeb3", "AmazingTech", "9M AI", and "Hong Kong Stablecoin Exchange". All four platforms are suspected of operating without a license. Among them, "HKTWeb3" claimed on its website to cooperate with a virtual asset trading platform licensed by the Securities Supervision Commission, but it was refuted; "Hong Kong Stablecoin Exchange" falsel...
In an interview with Fox Business News on Tuesday, Treasury Secretary Vincent Bescent said former Fed governor Kevin Warsh and White House National Economic Council director James Hassett were both qualified to lead the central bank, adding that he expected a new chairperson to be announced in early January.
The Hong Kong Securities and Futures Commission has announced that it has added the Hong Kong Stablecoin Exchange to the Alert List of Suspicious Virtual Asset Trading Platforms. The Hong Kong Securities Supervision Commission said that the virtual asset trading platform that the entity claimed to operate was suspected of conducting unlicensed activities/engaging in virtual asset-related fraudulent activities, and the entity also falsely claimed that it was "jointly established by the three majo...
A majority of investors expect President Donald Trump to nominate White House economic adviser Kevin Hassett as the next Fed chairperson, according to a December survey of global fund managers by Bank of America. About 69 percent expect Hassett to be nominated, compared with just 4 percent who mentioned Fed governor Christopher Waller, and another 4 percent who expect former Fed governor Kevin Walsh. The survey was conducted before Trump told the media that he would prefer Hassett or Walsh to le...
The world's richest man, Elon Musk, has a record wealth as his net worth crosses the $600 billion mark for the first time and approaches $638 billion, according to the Bloomberg Billionaires Index. The move comes after SpaceX achieved a valuation of about $800 billion in an internal share sale that made SpaceX the world's most valuable private company. Musk is the company's founder and CEO. After applying a liquidity discount for private companies, Musk's 42% stake in SpaceX is worth about $317 ...
