Bloomberg Markets
Ex-Congressman George Santos won’t be able to place another wager on Kalshi Inc. after the prediction market platform banned him for life for allegedly manipulating wagers on his attendance at this year’s State of the Union address.
Yahoo Finance
Yahoo Finance
Bloomberg Markets
America’s unemployment insurance system was designed for the workers of the 1920s. It was so utterly inadequate during the pandemic — the most sudden and severe job loss the US has ever seen — that Congress had to build a whole new program even as it was propping up the old one.
Now Americans are afraid of the impact AI will have on their jobs and careers, and a lack of leadership is feeding that fear. If government and elected officials want to be responsive to their constituents, they need to
Bloomberg Markets
Lisa Sturtevant, Chief Economist at Bright MLS, discusses the current real estate market and how affordability pains are causing 'shadow homebuyers' to wait until rates drop in order to buy. (Source: Bloomberg)
Yahoo Finance
Yahoo Finance
Bloomberg Markets
On this episode of Stock Movers:
- PG&E (PGE) are extending their downward move as California legislators introduced a bill that would update the state’s wildfire response without shifting liability away from publicly traded utilities. At least three research firms, including BMO Capital Markets and Wells Fargo, downgraded the stock.
- Chevron (CVX) and ExxonMobil (XOM) shares are rising along with the price of oil. Washington and Tehran exchanged strikes for the first time in about a month,