Heading into 2026, investors were excited at the prospect of a host of new initial public offerings, including ones from mega-cap private companies like SpaceX, Anthropic and OpenAI.
Author: Davis Giangiulio
Harvard University's endowment grew 27.1% in fiscal year 2026, its strongest return in five years, the school said in its annual financial report released on Thursday.
Traders on prediction market platform Kalshi think inflation likely reached a peak for the year, though they don't see a sharp move lower anytime soon.
Wagering on sports outcomes has exploded in the 2020s, but recent surveys show just how widespread gambling has become for Generation Z.
Brazilians will decide in just under three weeks whether to reelect incumbent president Luiz Inácio Lula da Silva or oust him in favor of Flávio Bolsonaro — the son of former president Jair Bolsonaro — as both advanced to a runoff after receiving the most votes in the first-round vote on Sunday.
Affordability is seen as one of voters' top issues heading into the 2026 midterm elections. And gas prices — one of the items where consumers are getting squeezed the most — are expected to remain elevated through Election Day.
Blockchain.com, a digital asset platform, wants to get in on the prediction market boom in the U.S.
With less than a month until the midterm elections, prediction markets' political contracts are in focus as observers look to see if they'll accurately forecast who will win various races across the country. But one Democratic representative wants to restrict candidates from trading on those contracts.
Investors now think the odds are extremely unlikely that the Federal Reserve raises interest rates again in October, following a weaker-than-expected September employment report.
The 6th U.S. Circuit Court of Appeals ruled on Friday that states have a right to regulate sports-related event contracts on prediction market platforms, marking a second major legal defeat for the industry as a fight at the U.S. Supreme Court looms.