Kalshi and Polymarket. Gabby Jones | Bloomberg | Martin Lelievre | Getty Images A lobbying arms race between Kalshi, Polymarket and the casino and gaming sectors is unfolding in Washington, with all sides vying to win over lawmakers amid increasing scrutiny of prediction markets from Congress and regulators. Kalshi’s lobbying spending totaled $990,000 during the…
The pullback shows up across both halves of the survey. The Pocketbook measure, which tracks how people view their own financial position and job security, slipped to 52.77 from 54.20 a week prior. The Expectations component, which captures views on where the economy and local real estate prices are headed over the next six months,…
Oil ICYMI – Houthi blockade threat forces Saudi crude tankers to turn back !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
CHICAGO – MARCH 28: Traders in the Ten-Year Treasury Note options pit at the Chicago Board of Trade signal offers in a flurry of activity following the announcement by the Federal Open Market Committee that it was raising short term interest rates another .25 percent March 28, 2006 in Chicago, Illinois. Trading in the pit…
Private investments could account for roughly 6% of defined contribution plan assets — or about $1.1 trillion — by 2030, according to a Deloitte analysis. A more conservative scenario, the firm projected, would result in allocations of roughly $200 billion. Processing Content If private investments such as private equity, private credit and other alternatives do…
Key Takeaways On a mission to take better care of themselves, the Yues experimented with freeze-fried fruit. The couple invested about $5,000 to buy the necessary equipment and launch their side hustle. The business made about $100,000 at weekend farmers’ markets, then expanded into retail. This Side Hustle Spotlight Q&A features Jenny Yue, 31, of…
Interactive Brokers Group, Inc. (Nasdaq: IBKR) reported a sharp rise in customer accounts and trading activity for the quarter ended 30 June 2026, with customer accounts increasing 34% year-on-year to 5.19 million. Customer equity rose 40% to $930.3 billion, while total Daily Average Revenue Trades (DARTs) increased 36% to 4.82 million. Customer credit balances grew…
The Press Information Bureau (PIB) Fact Check has debunked viral social media claims alleging that the Ministry of Information and Broadcasting’s (MIB) new draft telecom rules would shut down 11 crore televisions, raise cable and DTH subscription charges by four to six times, impose heavy licensing fees, and wipe out millions of jobs. Calling the…
Though President Donald Trump announced on Monday a new 50% tariff on a wide range of Canadian goods, softwood and lumber were not among the items facing new charges. The news was a win for the National Association of Home Builders (NAHB), which has continued to urge the president to exempt building materials from tariffs…
Budget-conscious individuals aiming to enter the housing market are finally experiencing some relief as the national inventory of starter homes begins to improve, according to recent Redfin research. However, similar to many facets of the housing sector, the recovery is still slow and significantly varies by region. A starter home is characterized by economists at…