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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 -
Why the bond market may have it entirely backwards on Trump and Harris
A reduction in labor supply would weigh on the U.S. economy, and impact the bond market.Business - MarketWatch - October 31 -
EstéeLauder Shares Plunge 21% After It Slashes Dividend
The cosmetics giant withdrew its outlook for the current year after reporting another quarter of falling sales.Business - The Wall Street Journal - October 31 -
BBVA Profit Beats Market Views on Mexico, Spain Growth
Banco Bilbao Vizcaya Argentaria’s third-quarter performance in Spain and Mexico, its key markets, drove its profit above market expectations.Business - The Wall Street Journal - October 31