Anthony Sinclair

Anthony produces news stories, features and guides for Congress.net, with a focus on history and the US political system.

Oracle (ORCL) Suffers Worst Quarter In 25 Years As AI Spending Debate Intensifies

Oracle Corp. (ORCL) stock has collapsed roughly 30% in a single quarter, marking its worst performance since 2001 and rattling investor confidence across the technology sector. The dramatic sell-off comes just three months into the tenure of new co-CEOs Clay Magouyrk and Mike Sicilia, who inherited a company carrying enormous expectations tied to artificial intelligence…

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Top Economist Warns ECB Rate Hike Is A “Mistake In The Making” That Could Tip Europe Into Recession

Markets are currently pricing in a near-certain probability that the European Central Bank will raise its benchmark deposit rate by at least 25 basis points. The deposit rate currently sits at 2%, with market pricing reflecting roughly a 98% chance of an increase at the ECB’s upcoming meeting. Holger Schmieding, chief economist at Berenberg, has…

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Kalshi Launches Sweeping Anti-Insider Trading Crackdown To Protect Prediction Market Integrity

Prediction market platform Kalshi has unveiled a broad set of market integrity measures designed to deter insider trading and manipulation across its rapidly growing platform. The new rules, which took effect immediately, follow recommendations from an independent Surveillance Audit Committee and represent the most aggressive enforcement posture the company has adopted since launching in 2021….

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