by John Hill | Aug 31, 2026 | Uncategorized
The online prediction market platform Kalshi said Monday that it has permanently banned former U.S. Rep. George Santos for his bets on whether he’d attend the State of the Union address and has fined and temporarily banned North Carolina congressional candidate Laurie...
by John Hill | Aug 31, 2026 | Uncategorized
The continued resilience of consumer spending despite multiple shocks in recent years has puzzled economists, many of whom have attributed it to the wealthiest households driving most of the growth. The wealth effect from soaring stocks fuels consumption, while...
by John Hill | Aug 31, 2026 | Uncategorized
Japanese automakers Nissan and Honda entered a deal to jointly develop computer parts and software for vehicles set to enter the market in fiscal 2029, both sides said Monday. Under the deal, Nissan, based in the port city of Yokohama, and Tokyo-based Honda will share...
by John Hill | Aug 31, 2026 | Uncategorized
The price of oil rose and stocks fell on Wall Street Monday after the U.S. launched its first military action in a month against Iran. The S&P 500 index fell 0.4%. The Dow Jones Industrial Average fell 348 points, or 0.7%, as of 9:51 a.m. Eastern time. The Nasdaq...
by John Hill | Aug 31, 2026 | Uncategorized
The United Arab Emirates said that it intercepted an Iranian drone over its waters Monday, an attack that comes after the United States and Iran exchanged fire over the weekend for the first time in a month. Iranian officials said that two people were killed and...
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