Presidential Betting Markets Are a Real Time Experiment for Regulators—and It Could End Poorly

Presidential Betting Markets Are a Real-Time Experiment for Regulators—and It Could End Poorly

Billions have been wagered on the presidential election on platforms such as Kalshi and Polymarket. The bets are comically bullish on Trump. Are gamblers about to lose a bunch of money?

Business - Inc. - October 30

Here’s how much money was bet on the 2024 presidential election

Donald Trump has won the 2024 presidential election; here’s how much people wagered on the race

Business - MarketWatch - November 7

Nate Silver: Don't trust the Trump swing in 2024 presidential election polls, betting markets data

Nate Silver is on record saying the presidential election momentum is with Donald Trump, but it's not because polling or markets data has him 100% convinced.

Business - CNBC - October 31

Deebo recalls Lynch's poorly timed call at 49ers trade deadline

San Francisco 49ers wide receiver Deebo Samuel recalled the poorly timed phone call he received from general manager John Lynch before the NFL trade deadline.

Sports - Yahoo Sports - November 7

Average age of first-time homebuyers is 38, an all-time high. Here's what that says about the real estate market

The typical first-time homebuyer is now 38 years old, a record high, according to the National Association of Realtors.

Business - CNBC - November 5

Why ‘Trump trades’ and ‘Harris trades’ could be just regular stock-market bets

Here’s what the S&P 500 sectors are really saying about their presidential election preference.

Business - MarketWatch - November 2

Bank stocks jump almost 12% as traders bet on less regulation in a Trump presidency

A handful of well-known bank names jumped as traders ready for a second Trump term.

Business - CNBC - November 6

How election could affect fossil fuel, climate regulations

{beacon} Energy & Environment Energy & Environment The Big Story High stakes election is underway Today is Election Day. Voters are taking the future of the country — including its energy policy ...

Politics - The Hill - November 5

California air regulators approve controversial standards that could affect gas prices

California regulators have approved plans to strengthen the state's carbon reduction standards — a move that opponents fear could drive up gasoline prices. The decision, which occurred following a ...

Politics - The Hill - November 11

How the gender gap could impact the presidential race

The gender gap could define the presidential election with close races in seven battleground states. One organization of Republican women shows how they're making an impact for Vice President ...

Election Betting Markets See Vindication in Trump Victory

Prediction markets, which surged to prominence during the presidential campaign, started reflecting a likely Trump win several weeks ago, even as opinion polls showed a tight race.

Business - The New York Times - November 6

Why Trump’s Victory Is Fueling a Market Frenzy

Investors have been comforted by a clear election result and are anticipating tax cuts and deregulation from a second Trump administration.

Business - The New York Times - November 12

What one stock market gauge is predicting about the presidential race

One market strategist notes a pattern based on whether the S&P 500 rises or falls between the end of July and Halloween.

Why the stock market failed to see that Trump would win the presidential election

The Dow’s strong gain this year favored the Democrats and Kamala Harris. But Wall Street is increasingly disconnected from Main Street.

Business - MarketWatch - November 8

Sorting the Sunday Pile, NFL Week 8: Jameis Winston's win should end Browns-Deshaun Watson experiment forever

Plus more takes and news from around the NFL's 2024 Week 8 results

Sports - CBS Sports - October 28

Prediction Markets Could Reshape Elections Forever

Kalshi, Polymarket, and Robinhood give bettors and gamblers a say on who takes the White House.

Business - Inc. - October 29

Could the Bond Market Stymie Trump’s Economic Plans?

Some fiscal hawks worry that Trump’s policies would increase the deficit and fuel inflation.

Business - The New York Times - November 9

Robinhood Rolls Out Presidential Election Derivatives as Another Predictive Bet Option

After a legal ruling allowed wagering on the Nov. 5 election, another retail trading platform adds the option, this time with event contracts.

Business - Inc. - October 28

Brokerages are raking in millions from your presidential election bets

There’s a lot of money to be made off of election betting, and brokerages are cashing in.

Business - MarketWatch - November 5

The Best Office Holiday Gift Ideas for 2024 (Suggested by Real Humans, not Marketers)

It’s holiday gift giving time. Make sure you’re not wasting your money on things employees will just throw in the garbage.

Business - Inc. - 2 days ago

FCC regulator claims Harris appearance on SNL violates ‘equal time’ rule

But a spokesperson says ‘the FCC has not made any determination regarding political programming rules’. A US government communications regulator has claimed that Vice-President Kamala Harris’s ...

World - The Guardian - November 3

EU regulator proposes shortening trade settlement times from October 2027

Esma recommendation will align bloc’s move with UK plans

World - Financial Times - 6 days ago

Bitcoin surges 10% to a record above $76,000 as Trump victory heralds wider crypto adoption and weaker regulation

Crypto assets rose as investors bet that a second Trump administration will widen fiscal deficits and boost bitcoin as a hedge against higher inflation.

Business - CNBC - November 6

U.S. envoy says there is "real opportunity" to end fighting between Israel, Hezbollah

U.S. Envoy Amos Hochstein says there is a real opportunity to bring the fighting between Israel and Hezbollah to an end, saying an end to hostilities is "within our grasp." CBS News senior foreign ...

Boeing Strikers Vote On Contract That Could End Strike

The union supports a pay and retirement proposal that could put factory workers back to work after seven weeks off the job.

Business - Inc. - November 4

The presidential election could put $250bn at stake for US businesses

Also in today’s newsletter, how Arizona’s proof of citizenship law complicates voting in the swing state

World - Financial Times - October 31

Why cryptocurrency owners could impact the U.S. presidential election

Emerging cryptocurrency industry aims to put its stamp on the U.S. election by pouring money into key political races.

How the gender gap could impact the presidential race in Pennsylvania

Vice President Kamala Harris is counting on suburban women to help her win the election, and she received some unexpected help from some longtime Republicans. CBS News' Weijia Jiang spoke to the ...

How Black voter turnout could impact the 2024 presidential race

Both Vice President Kamala Harris and former President Donald Trump have been vying to gain Black voters' support as Election Day 2024 unfolds.

Trump civil cases could trudge on in wake of presidential victory

President-elect Trump’s criminal prosecutions are expected to flatline as he returns to the White House, but a murky path forward remains for the sprawling civil lawsuits against him. Between ...

Politics - The Hill - November 7

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