The app would be independent of Meta's other social media offerings, although sources told the NYT that those social sites could direct users to engagement with the app.

Mark Zuckerberg is building a prediction markets app called Arena that could bring Polymarket and Kalshi's fastest-growing rival to 3.56 billion users.

Mark Cuban says that the elimination of billionaires would trigger a stock market crash, potentially erasing the savings of average Americans. In a post on BlueSky last week, Cuban opposed the idea ...

After the Financial Accounting Standards Board and the Securities and Exchange Commission reversed their stances on mark-to-market accounting last month and allowed banks to use discounted cash flows ...

Sometimes it's hard to see the answer clearly when the proposed solution is more complicated than it needs to be. That's the problem with the mark-to-market accounting concept. In an economy that ...

For treasurers of both large and small corporations, a key part of their workflow revolves around derivatives trading such as NDF swaps and foreign currency options. The prices of such instruments, ...