‘Couldn’t agree more’: Kalshi board member addresses demands to regulate prediction markets
MSNBC· 2026-05-02 15:16
Since the start of President Trump's second term, prediction markets have gone from a niche industry to a financial juggernaut. Before the 2024 election, prediction markets like Kalshi and Polymarket had a weekly trading volume around $50 million. HAS GROWN MORE THAN 100-FOLD, WITH 6 BILLION TRADED PER WEEK.BUT AS THE TRAFFIC HAS GROWN, SO HAS THE CONTROVERSY. THE SENATE HAS UNANIMOUSLY VOTED TO BAN ITS MEMBERS AND STAFF FROM PARTICIPATING IN prediction markets amid mounting concerns of insider trading. Tha ...
X @The Wall Street Journal
The Wall Street Journal· 2026-05-02 15:15
OpenAI recently gave its popular ChatGPT strict instructions: Stop talking about goblins. https://t.co/MWOkk39oUE https://t.co/cMgy8WBC6G ...
Greg Abel: Clayton Homes numbers down, driven by interest rates and challenged consumer
CNBC Television· 2026-05-02 15:11
because we have one that is the bell weather and it tells you how the rest of them are doing. That's Clayton Homes. The other businesses will their results follow very much very closely that because with Clayton Homes we're building manufactured homes or sight build homes and there's a lot that goes into it and our other companies provide both products to them and across that that space.So it could be the insulation, paint, carpet, a variety of other things. You look at Clayton's results, if you go to the m ...
X @Wendy O
Wendy O· 2026-05-02 15:08
During one of the hardest job markets, thousands of Americans just lost theirs.Thank you for Warren for you yet again proving that you are not for the people.Elizabeth Warren (@SenWarren):I've warned for months that a @JetBlue-@SpiritAirlines merger would have led to fewer flights and higher fares.@JusticeATR and @USDOT were right to stand up for consumers and fight against runaway airline consolidation.This is a Biden win for flyers! https://t.co/lJFGS3ucv3 ...
X @BSCN
BSCN· 2026-05-02 15:06
XRP BECOMES FIRST ALTCOIN WITH INSTITUTIONAL SETTLEMENT TOOLS@coinbase officially activated Trade at Settlement (TAS) for $XRP futures on May 1, putting $XRP on the same footing as Bitcoin, Ethereum, gold, and crude oil futures.TAS lets institutions execute block orders at the 4 PM settlement price instead of live intraday markets, removing major friction for high-volume execution. A separate Coinbase market maker program also went live the same day to deepen $XRP order book liquidity.The infrastructure is ...
X @Watcher.Guru
Watcher.Guru· 2026-05-02 15:06
In 2021, Nancy Pelosi was asked if Congress should be banned from trading stocks.Her Response: "No… This is a free market."While serving nearly 39 years in Congress with an average annual salary of $168,000, she increased her net worth to an estimated $280,000,000. https://t.co/re21XgWCbL ...
X @Andrew Tate
Andrew Tate· 2026-05-02 15:05
RT Young Kings (@youngkingsgrow)Young Kings.Business fails because people are SLOW.A plane can't fall from the sky unless it STOPS moving.Even with no wings.If it's going FORWARD fast enough. It will not hit the ground.It crashes when it runs out of speed and it's the same with a business. ...
X @The Wall Street Journal
The Wall Street Journal· 2026-05-02 15:05
Watch how LIV Golf tried to reinvent the game of golf — and why it’s now on life support as its main backer pulls the plug. https://t.co/buwsG9GrD7 ...
X @Bloomberg
Bloomberg· 2026-05-02 15:03
A year ago, private equity firms were vying to acquire Gerresheimer, but the German company is now embroiled in an accounting debacle. Read more in The Brink. https://t.co/YvhKOGTyWc ...
PGA vs. LIV: Why Saudi Arabia’s $5B League Is Collapsing | WSJ What Went Wrong
The Wall Street Journal· 2026-05-02 15:01
[screaming] >> For years, LIV tried to dominate professional golf by poaching top talent. [music] I got to hit LIV. Like I I I hope it goes away.>> I think LIV is going to do a lot of good for the game. It's a slap in the face to to the rest of the members of this tour. This was one of the biggest sports league battles we'd ever seen.LIV Golf launched in 2022 and it pretty much immediately divided men's professional golf into two. With enormous sums of money, it attracted some of the biggest name golfers on ...