Prediction market Kalshi and public intelligence company AppliedXL have launched a pilot program that allows trading on clinical trial outcomes and Food and Drug Administration (FDA) regulatory decisions. The companies said in a Thursday (July 16) press release that examples of the contracts available at...
The latest inflation report offers consumers something that has been absent for much of the past several years: a measurable decline in overall prices. Whether that translates into stronger spending, however, is a separate question. As reported Tuesday (July 14), the Consumer Price Index (CPI)...
Small business optimism increased in June, driven by owners’ expectations for better business conditions and sales, the National Federation of Independent Business (NFIB) said in a Tuesday (July 14) press release. The NFIB Small Business Optimism Index rose 2.1 points during the month to reach...
Prediction markets surpassed $50 billion in monthly volume in June, with their volume driven by trading on the FIFA World Cup 2026, CoinDesk reported Tuesday (July 14). Kalshi posted $31 billion in notional trading volume in June, Polymarket’s international exchange had $10.8 billion, Polymarket’s regulated...
Korean tech giant Samsung is reportedly setting the stage to list in the U.S. The company has begun exploring a potential offering of American depositary receipts, Bloomberg News reported Tuesday (July 14), citing sources familiar with the matter. Those sources said Samsung has held preliminary talks with banks,...
Global smartphone sales dropped to their lowest second-quarter level in 13 years as manufacturers passed on to consumers the rising cost of memory components, Counterpoint Research said in a Monday (July 13) press release. Total shipments fell 11% year over year in the second quarter...
Prediction market Kalshi has launched Kalshi Pro, which it calls a “professional-grade” desktop trading workstation. The new tool runs on the same account, balance and exchange as the regular Kalshi app, but with professional trading tools for “advanced” activity, such as people trading dozens of...
Prediction markets like Kalshi and Polymarket are betting on growth across new financial products. The industry’s product menu already stretches from political elections and World Cup matches to weather events. It now includes reality television, with Kalshi’s first markets tied to “Love Island USA” helping...
Goldman Sachs Group has updated its personal trading policy to ban employees from trading on event contracts related to specific companies, election outcomes or the performance of any financial market, Bloomberg reported Thursday (July 9). The policy also bans trading on event contracts having to...