booming

Stocks are booming despite the Iran war, inflation and the country’s dour mood. Here’s why.

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The S&P 500 is on a hot streak, notching nine record highs in May alone despite soaring gasoline prices, sliding consumer confidence and the highest inflation in almost three years. The rally in stocks also has more room to run, according to Wall Street analysts. On Wednesday, Goldman Sachs upped its target for the S&P … Read more

Democrats push Trump administration to tackle insider trading in booming prediction markets

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Over 40 Democrats in the U.S. House and Senate signed a letter to top administration regulators and ethics officials on Monday asking for governmentwide training on insider trading in prediction markets. The letter to the Commodity Futures Trading Commission and the Office of Government Ethics comes after weeks of increasing scrutiny regarding potential insider trading … Read more