The NHL is striking an official partnership deal with Koshi and Poly Market. This is the first major sports league to partner with the prediction market and joining us right now to talk about it is TK Mansour who is the CEO and co-founder of Kiy. And TK, thank you for joining us this morning.Um, this is a big deal. It's the first of the major sports uh leagues to actually sign a deal, sign a partnership like this. And I guess I wonder how how did this come about.Well, I I totally agree. You know, this is a ...

Market Performance - S&P 500 decreased by 0.10% while the Dow Jones Industrial Average increased by 0.13% and Nasdaq fell by 0.30% [1] - Despite ongoing trade tensions and one of the longest government shutdowns in history, the markets are showing resilience [1] Earnings Season - Market enthusiasm is driven by the earnings season, indicating positive investor sentiment [1] - The overall market performance suggests that investors are focusing on potential gains rather than geopolitical concerns [1]

Thanks for joining us on Bloomberg TV and Radio alongside Julie Fine. I'm Joe Matthew in Washington as we bring you an important conversation from the nation's capital. He's just.Back from the airport. The senator from Texas, Ted Cruz, Republican from Texas, is with us here live and in studio. It's great to have you in the flesh.Senator, thank you for joining us again on Bloomberg. Joe, Julie, great to be with you both. Happy day 20.If it's happy, maybe it's not. But I have to start with you here on the shu ...

In a week marked by renewed S&P 500 volatility stemming from reignited tariff talks and the ongoing challenge of a government shutdown that continues to delay crucial government reports, investors and analysts have increasingly turned to secondary economic indicators for a timely view of the U.S. economy. These reports, which have taken on a larger precedence in the absence of official federal data, offer a mixed but informative picture. This article highlights data from a handful of releases, including the ...

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: The affluence of American Express customers partially insulates the credit card giant from economic uncertainty brought on by inflation and a government shutdown, executives at the card network said in a Friday earnings call. The comments came in response to investor questions about possible headwinds weighing on the economy and threatening the consu ...

From @WSJopinion: Shutdowns let Congress run an experiment it would ordinarily never attempt: Close the whole thing down and see what breaks, writes Daniel Huff https://t.co/sTFs1EYvKH ...

Economic Sentiment - Americans' views on the economy have turned more negative in the third quarter, with deepening concerns about jobs and inflation impacting overall sentiment [5][6] - The percentage of Americans optimistic about the economy has risen to 24% from 17%, while those pessimistic about the economy increased to 57% from 40% [9] Presidential Approval Ratings - President Trump's overall approval rating dropped to 44% from 46%, with economic approval falling more significantly by three points to 42% [6][7] - The president's economic approval has averaged a net minus 11 in the three surveys conducted during his second term, contrasting with a plus five in his first term [7] Public Blame for Economic Issues - A majority of 53% of the public blames congressional Republicans for the potential economic fallout from the shutdown, compared to 37% blaming congressional Democrats [10] - The survey indicates that independents are leaning negatively towards the president, with approval ratings showing a minus 20 to minus 30 range [11] Economic Data and Perception - Despite overall economic data showing all-time highs, average Americans express dissatisfaction regarding jobs, inflation, and tariffs [12][15] - The sentiment regarding the labor market is perceived to be weaker than anticipated, with discussions around unemployment rates suggesting a potential rise to 5% if immigration levels remain low [13][14] Tariffs and Economic Transition - The president's handling of tariffs has turned substantially negative, with a noted increase in costs attributed to tariffs impacting public sentiment [8][16] - The government surplus numbers have shown fluctuations, with tariff revenues contributing to some of the changes observed [16]

ETF Market Trends & Inflows - ETF net inflows have topped $1 trillion for the second consecutive year and are on pace for a new record year [1][2] - The growth is attributed to transparency, liquidity, tax efficiency, and innovation within the ETF wrapper, including options-based strategies [3][6] - Demand for growth-type exposure, particularly in AI and innovation, is driving inflows [5] - Actively managed ETFs are attracting more investors, accounting for approximately 37% of inflows compared to 26% in 2024, due to the accessibility of sophisticated strategies [13] Top ETF Inflows & Market Sentiment - Top inflows this week were into BBEU (a large-cap European stock ETF), GLD (gold ETF), and BNDX (Vanguard Total Bond ETF) [7] - The shift towards European equities and bonds may be due to tariff concerns and government shutdown fears, prompting investors to seek safer, more stable markets and fixed income exposure [8][9] ETF Innovation & Investment Strategies - Sophisticated options-based approaches within ETFs are giving investors access to solutions they haven't had historically [4][6] - Horizon's "Why Not" digital frontier ETF offers a one-stop-shop solution for exposure to growth, AI, crypto, and quantum, with dynamic weightings [10][11] - Actively managed ETFs allow for layering crypto exposure on top of stock baskets using options and other approaches [15]

Five things to know ahead of the opening bell today. If you're just waking up, the markets are set to open lower. Stock futures are down pretty sharply after credit concerns for regional banks sparked selling in the United States and in Europe.The government the government shutdown here is set to continue over the weekend and another funding vote failed to pass the Senate yesterday. That chamber is adjourned until Monday at this point. President Trump holding a call with Russia's Vladimir Putin yesterday, s ...

From @WSJopinion: Shutdowns let Congress run an experiment it would ordinarily never attempt: Close the whole thing down and see what breaks, writes Daniel Huff https://t.co/ZTFvAAPzaf ...