The institutionalization of prediction markets threatens to erode the edge of skilled traders who earn off mispricing and market inefficiencies, experts say.
Goldman picks China healthcare stocks for a post-AI trade
Chinese stocks’ earnings tracked by Goldman Sachs grew at their highest quarterly pace in five years.
NFL and midterm elections set up prediction markets for a critical fall season
The 2025 football season and 2024 presidential election pushed prediction markets into the prominence they enjoy today.
Inflation is outpacing wage growth again, squeezing Americans’ paychecks
In August, consumer prices rose 3.4% over the past year while wages increased just 3.1%.
Stocks making the biggest moves midday: Dell, Skyworks Solutions, GameStop & more
These are the stocks posting the largest moves midday.
Record U.S. cyclosporiasis outbreak is over, CDC says
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Consumer outlook plunges in September as inflation outlook worsens
The survey’s headline index hit a level of 47.8, down 7.5% from the August reading and off 13.2% from a year ago.
Inflation persisted in August, potentially locking in a Fed interest rate hike
The all-items consumer price index was expected to rise 0.4% in August, with core, excluding food and energy, showing a 0.2% gain, according to the Dow Jones consensus.
Wealthy investors are pouring billions into this new tax strategy despite risks
Total assets invested in so-called tax-aware long-short strategies — or TALS — have surged to more than $170 billion, according to Tax Alpha Insider.
Stocks making the biggest moves premarket: GameStop, Oracle, Adobe, RH & more
These are the stocks posting the largest moves premarket.