Event Bets Pose A Problem For Wall Street Firms Looking To Trade
Prediction markets are booming. Wagers on everything from the return of Jesus Christ to who will win the World Cup have driven weekly volumes on platforms like Polymarket and Kalshi.
Prediction markets are booming. Wagers on everything from the return of Jesus Christ to who will win the World Cup have driven weekly volumes on platforms like Polymarket and Kalshi.
Wall Street’s biggest banks are riding into the first quarter earnings season on far less certain ground than where they began 2026.
BlackRock's CEO Larry Fink warns the artificial intelligence boom risks widening the wealth gap unless more individuals share in market gains.
Will AI prove to be a bubble like what we experienced 25 years ago with the Internet boom?
Central bankers, already uneasy about trade tensions and swelling public debt, will collectively confront a new worry in the coming week.
(Yahoo!Finance) - With the S&P 500 (
Rate cuts are coming, and that's good news for the S&P 500. The question is: How big, and how good?