markets

New Prediction Markets Bill Would Bar Government Insiders

Someone made hundreds of thousands of dollars off a well-timed bet on Venezuelan President Nicolás Maduro’s political future.Now, a congressman wants to block government officials from being able to do the same.Democratic Rep. Ritchie Torres of New York on Friday introduced a bill called the Public Integrity in Financial Prediction…

US Job Market’s Great Freeze May End in 2026 — in Hiring or Layoffs

The frozen job market could be heading into “a moment of reckoning” this year, said Claudia Sahm, the chief economist of New Century Advisors. The job market has been stuck in a low-hire, low-fire state, partly due to economic uncertainty, such as businesses figuring out how tariffs affect them. It’s…