UK Budget Lacked 'Big Picture Themes,' RBC Capital Says (Video)
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3 reasons why home prices keep going up, even though fewer people are buying
Weaker demand typically drives prices down, but national readings of home prices indicate that they’re still growing. What explains the disconnect?
Billionaires shatter spending record to fight California wealth tax
SAN FRANCISCO — Billionaire opponents of California’s proposed wealth tax have spent more fighting it than they ever have on a political cause in the state, according to a POLITICO analysis. A record $612 million from more than 70 current and former California billionaires is flooding this year’s state elections, nearly half of it for groups working to defeat Proposition 40, the wealth tax initiative on Tuesday’s ballot, POLITICO found. The fight over Prop 40 has brought California’s...
Prediction market bets set the tone for Anthropic's much-awaited IPO
Prediction market bets set the tone for Anthropic's much-awaited IPO Oct 28 : Prediction markets are seeing massive trades for Anthropic contracts after the AI giant's IPO filing, even as retail stock traders await the official opening bell likely next month. The binary "yes" or "no" bets in prediction markets are influencing the way retail investors speculate on high-profile IPOs, allowing traders to wager on aspects such as the closing prices and its listing venue without the need to buy...
US lawmakers demand action on overcharging at 7-Eleven, Dollar General and other chains
Democrats urge FTC to tackle ‘systemic failure’ of biggest convenience and dollar stores over pricing practices after Guardian investigationsThirty-four members of Congress are calling on the Federal Trade Commission to investigate reports of widespread overcharging by some of America’s most-recognized brand-name retailers. The 28 October letter to the FTC comes in direct response to Guardian investigations of four of the nation’s largest dollar-store and convenience-store chains. Both...