Market News

Coverage of prediction platform Polymarket has recently converged on a single statistic, delivered with the cadence of a verdict: Most users lose money. The top 1% of accounts capture roughly three-quarters of the gains, while most traders since 2022 are underwater.

The paper that helped popularize the concept of a post-pandemic “urban doom loop” was finally published this February in the American Economic Review. A lot has changed since the authors of “Work from Home and the Office Real Estate Apocalypse” began circulating it in mid-2022, and there’s even been

FORM 8.3

Strike on capital’s southern suburbs comes day before two countries due to hold ‘security talks’ in Washington

The US struck Iranian military targets for the second time this week, shooting down four Iranian drones fired at a commercial ship and hitting a launch unit near the Strait of Hormuz, according to a US official. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)

European lenders are selling Additional Tier 1 bonds with long call dates at a record pace, seizing ultra-favorable conditions in the market for risky bank debt to fix costs for a decade.

Saint Francis University was out of its league, and Father Malachi Van Tassell knew it.

When Drake released three new albums — Iceman, Maid of Honour, and Habibti — on the same day, some critics argued it was a desperate move to increase his relevance and boost his streams and album sales. To discerning fans who wanted a 15-song effort without skippable tracks, it was just greedy exces

Bob Doll, CIO at Crossmark Global Investments, says his firm is trying to be “more reactionary than usual” in the current market environment and is looking to buy stocks with “okay fundamentals.” (Source: Bloomberg)

Butterfield to take control of CIBC Caribbean in ~$1.8B transaction