Polymarket brings ultra-short crypto prediction markets to U.S. platform
Polymarket’s new Up/Down crypto contracts come as the CFTC renews scrutiny of the prediction market’s compliance with its 2022 U.S. onboarding terms.…
The midterms are crucial to the future of Social Security – no matter how old you are
The program is expected to run out of money in the next six years, which is the same amount of time as a senator’s term. Source:MarketWatch
Chainlink adds weekend pricing for tokenized assets, with Aave as launch partner
The service uses perpetual futures quotes to update reference prices when traditional markets close. Source:CoinDesk
Canton Foundation grants RedStone 15.8M Canton Coin for pricing standard
RedStone’s planned pricing tool will let institutions on Canton use shared market prices without exposing deal terms to data providers. Source:Cointelegraph
Marvell is reportedly close to buying Lumentum. Analysts say they see logic in a potential deal.
Shares in Lumentum Holdings rose 5.5% in premarket trading as investors weighed a potential combination with Marvell Technology. Source:MarketWatch
Consumer spending flattens out after inflation surge
Consumer spending rose sharply in September, but it largely reflected households spending more on gas and transportation after an increase in energy costs.…
DoorDash and Instacart want to join forces. Will the U.S. government get in their way?
The companies say their proposed merger will help smaller grocers compete, but analysts wonder if regulators will conduct an “extended review” of antitrust…
Inflation surges, PCE shows. Fed pause on rate hikes unlikely to last long with prices still rising.
Even though the Federal Reserve temporarily put its inflation fight on hold this week, the cost of living rose sharply again last month in a sign the central…
Economy grows at fastest pace in more than a year, GDP shows, and shows little sign of slowing.
The U.S. economy ripped off its fastest rate of growth in more than a year, amped up by the boom in artificial intelligence and strong spending by wealthier…
Caterpillar’s stock heads for worst day in 7 years — and what that means for the Dow
Caterpillar’s data center business is fine, but other areas disappointed and the stock was heading for its biggest loss in years. Source:MarketWatch
HTX agrees to halt unlawful UK crypto promotions after FCA case
HTX has pledged to stop crypto marketing in the UK until October 2031, with deposits and new account registrations already blocked there. Source:Cointelegraph
It’s the strangest job market the U.S. has ever seen. The low-hire, low-fire economy turns 3 years old.
America has always been a jobcreating machine. It has broken down for three straight years, and the implications could be with us for a long time.…