There are two possibilities. Both of them are bad.
Business
Republicans sabotaged their own bill to prevent people in Congress from trading stocks. Why?
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Prediction Markets Hit $68B in a Month as Sportsbook Stocks Sink
Trading on sports prediction markets nearly doubled in the month football returned, while shares of the two biggest U.S. sportsbook operators fell to multi-year lows. Kalshi still dominates the market, though rivals are growing faster. A $…
Business
The hidden silver lining of high interest rates: Safer, cheaper retirement income
Annuity payout rates are closely tied to interest rates
Business
Nike’s troubles are mounting, and sales could fall further
The company has faced struggles in China and in its sneaker business.
Business
Evernorth clears shareholder vote ahead of Nasdaq debut with 473M XRP treasury
Evernorth expects to begin trading on Nasdaq under the ticker XRPN after its SPAC merger closes, with an XRP treasury worth roughly $710 million at current prices.