Democrats call for prediction market reforms after Iran war wagers – CBS News Watch CBS News Popular prediction markets are facing new ethical questions over possible insider trading due to wagers concerning the war in Iran. Democratic Rep. Mike Levin joins “The Takeout” to explain how lawmakers are planning to curb the wagers. Source link
Mortgage rates are edging up on Thursday amid renewed inflation fears tied to the war in Iran. The average national rate for a 30-year fixed-rate mortgage rose to 6%, up modestly from 5.98% last week, the lowest since September 2022, according to new data from Freddie Mac. Home loan costs remain far lower than a year ago, when … Read more
Oil prices rise in early market trading after attacks in Middle East disrupt global energy supply Source link
Oil prices rose sharply when market trading began Sunday, as U.S. and Israeli attacks on Iran and retaliatory strikes against Israel and U.S. military installations around the Gulf sent disruptions through the global energy supply chain. Traders were betting the supply of oil from Iran and elsewhere in the Middle East would slow or grind … Read more
In an environment defined by market uncertainty, gold’s retirement role has become harder to argue against. Creativ Studio Heinemann/Getty Images Most retirement portfolios were never really built for today’s economic landscape. The classic 60/40 split — stocks for growth, bonds for stability — made perfect sense in a world where those two assets reliably moved … Read more
At today’s high gold prices, the bars-versus-coins decision comes down to which option fits your strategy. Tetra Images/Getty Images Gold doesn’t pay dividends. It doesn’t generate cash flow. Right now, though, none of that seems to matter to investors — and for good reason. The precious metal has been skyrocketing in value over the past … Read more
Consumer confidence edged higher in February as Americans expressed a more optimistic view of the labor market and other facets of the economy, a new survey shows. The Conference Board, a nonprofit research group, said Tuesday that its consumer confidence index increased by 2.2 points in February, rising to 91.2. That’s an improvement over January, when … Read more
CNN — Shares of Google-parent Alphabet fell more than 3% in early trading Monday after a report sparked concerns that its core search engine could lose market share to AI-powered rivals, including Microsoft’s Bing. Last month, Google employees learned that Samsung was weighing making Bing the default search engine on its devices instead of Google’s … Read more
We sell a B2B subscription to a platform for hosting large-scale remote meetings, conferences, and webinars. The product supports up to 200 speakers and 10,000 concurrent attendees, which puts us squarely in the enterprise and institutional segment. Our core buyers are universities, government organizations, and mid-to-large enterprises (100+ employees), representing a total addressable market of … Read more