Polymarket has introduced what it calls the first prediction markets connected to private company performance. These new offerings, launched Tuesday (May 19), are designed to let users bid on events at “some of the most sought-after private companies,” while also giving institutional investors another signal as to how...
Some tech executives warn that artificial intelligence (AI) will usher in mass waves of layoffs. Amazon Web Services (AWS) CEO Matt Garman is not one of them. “Everybody’s entitled to their opinion, but I don’t think that’s true,” Garman told the Wall Street Journal (WSJ)...
The modern economy increasingly runs on two separate operating systems. One is digital, asset-light and geographically fluid. The other is physical, capital-intensive and exposed to every fracture line in the global order. New findings in the April 2026 edition of The 2026 Certainty Project from...
Retail sales rose again in April, but the latest government data showed consumers continuing to shift spending toward necessities while pulling back in several categories tied to discretionary purchases and larger household items. Advance estimates from the Census Bureau on Thursday (May 14) showed retail...
Inflation accelerated again in April, intensifying pressure on consumers who were already struggling to keep pace with rising costs for food, housing and healthcare. The latest Consumer Price Index report from the Bureau of Labor Statistics, released Tuesday (May 12), showed inflation rising 3.8% year...
The labor market added jobs at a moderate pace in April, but the latest employment data also underscored a reality that has increasingly defined the U.S. economy. Front-line workers remain central to hiring growth even as many balance cautious optimism with concerns about long-term stability....
Consumers are more pessimistic and more uncertain about the rate of inflation over the next year than they were a month ago, according to data released Thursday (May 7) by the Federal Reserve Bank of New York. Households’ inflation expectations at the one-year-ahead horizon increased...
The number of hires increased to 5.6 million in March, a figure that was 655,000 higher than the previous month, the Bureau of Labor Statistics (BLS) said in a Job Openings and Labor Turnover Summary (JOLTS) report released Tuesday (May 5). The BLS highlighted 165,000...
Wage growth is easing across the private sector, and the latest Employment Cost Index makes clear the deceleration is no longer a blip. Private-sector wages and salaries rose 0.7% in the first quarter, according to data released April 30 from the Bureau of Labor Statistics....