Inflation could cost Republicans the Senate — this chart shows how
Fallout from these decisions pushed prices higher and pressured worker pay Source:MarketWatch
Fewer stocks are carrying the market than at any time since the dot-com peak
The S&P 500’s latest trip back to nearrecord territory has been powered by a surprisingly small number of stocks. Source:MarketWatch
US lawmakers from gaming states urge SCOTUS to take up Kalshi case
The case between New Jersey authorities and a prediction market company, if accepted by the Supreme Court, could result in clarity for state and federal…
What’s behind Royal Caribbean’s ‘highly surprising’ push into Sandals vacation resorts
Royal Caribbean plans to take a 50% stake in Sandals, a move that gives the cruise line access to wealthier customers. Source:MarketWatch
Record-breaking diesel prices look set to push grocery bills even higher — and Thanksgiving is getting closer
Rising diesel prices have been a “silent killer” for Americans’ wallets — but they could get louder soon, as prices for the fuel continue to shatter records.…
Micron’s stock has become a ‘battleground’ as the AI narrative shifts
Investors have become more focused on the durability of memorychip demand, but there are reasons to be optimistic on that front, a UBS analyst said.…
The AI ‘scare trade’ is finally hitting banks. Bargain hunters should take note.
In an era of higher interest rates, banks have reaped big profits due to consumers’ reluctance to move money out of lowinterest checking accounts that offer…
Kalshi says it is not being investigated by the CFTC over trading activity
The prediction market says unusual patterns in its ether perpetual market are the result of liquidity incentives. Source:CoinDesk
Palantir’s stock is heading for its highest close of the year, in a dramatic comeback
Palantir’s last earnings report reignited investor enthusiasm, and now the company is basking in the glow of a realworld AI boom. Source:MarketWatch
SEC Publishes Updated Market Statistics, Highlighting Increase in IPOs and Proceeds Raised
The Securities and Exchange Commission’s Division of Economic and Risk Analysis (DERA) published updated statistics and data visualizations covering key…
The ingredients for a financial reckoning are all in place
A witch’s brew of rising debt levels, higher costs of capital and contagion risks is bubbling. Source:MarketWatch
Businesses are growing at the fastest pace in over four years. Why war and inflation aren’t slowing the U.S. economy down.
Expensive gas, higher inflation, a stalemate with Iran and rising interest rates — no matter. The U.S. economy appears to have sped up in the early fall.…