Washington lawmakers are moving on multiple fronts to curb the most politically toxic corners of prediction markets after millions of dollars flowed into bets tied to US-linked military action in Iran. Over the past week, several Democratic lawmakers have been pursuing multiple paths to rein in the fast-rising business. One effort, led by Rep. Mike

Bitcoin’s brief rally above $73,000 during the past day has the feel of a price performance that could still fade, fast, noisy, and familiar to anyone who has watched bear-market rebounds fail. What is different this time is not the price print, but the growing alignment of signals pointing to a possible transition out of

President Donald Trump projected four to five weeks for the conflict with Iran to come to an end. The market priced its playbook: headline shock, brief spike, diplomatic theater, then normalization. That script worked in 2019 when drones hit Saudi Aramco facilities, and Brent jumped 15% only to surrender the entire gain within weeks. Traders

Blue Owl Capital's OBDC II fund permanently halted redemptions in February. The firm replaced quarterly tenders with return-of-capital distributions funded by loan repayments and asset sales, committing to return roughly 30% of net asset value within 45 days. Blue Owl also announced plans to sell $1.4 billion of assets across three credit funds to generate