Investment firm Bernstein estimates that by 2030, prediction market volumes will surge to roughly $1 trillion. Dollar volumes on the markets surged in 2024, spurred by the U.S. presidential election, ...
The next trading day the global benchmark rose by just 5%. It has gone back up above $100 since but remains around $15 below its high in late March, even though an American blockade has trapped even ...
Forbes contributors publish independent expert analyses and insights. Specialist in global markets, economics and alternative investments. It’s not a great time to be a new college graduate looking to ...
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A bad entry-level job market is everyone’s problem
(Bloomberg Businessweek) -- The 5 million or so young people looking to enter the labor market in the early 1990s got a brutal reception. I was one of them, and I remember rejection letters to my job ...
Bitcoin’s rally toward $75,000 is running into a wall of supply just as institutional demand is holding steady. The move higher has been driven largely by macro flows rather than a broad surge in ...
Determining what the S&P 500 will do in 2026 is almost impossible and depends on the fate of the U.S. economy, government policy, earnings growth and other trends. Years of soaring inflation, ...
Nvidia became the world’s biggest company last year, and it’s kept the position. The company dominates the AI chip market. In spite of a lackluster start to the year, Nvidia has managed to keep this ...
A new executive order seen by WIRED prohibits New York state employees from using insider knowledge to enrich themselves with prediction market bets. New York has banned state employees from using ...
Sarah Breeden, deputy governor for financial stability at the Bank of England, told the BBC that overvaluations and mounting risks were raising concerns about a looming “adjustment” in equity markets.
Trump weighed in on prediction markets — and didn't sound too happy about them. "The whole world, unfortunately, has become somewhat of a casino," Trump told reporters. It came after the DOJ indicted ...
Explore how imperfect markets differ from perfect competition, their characteristics, and their impact on economics, ...
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