It's A Gambling Platform "Plain And Simple"; New York Sues Kalshi

Where In The World Are The Beer Lovers? While many countries have their own special days to celebrate beer, one of the oldest alcoholic beverages known to humankind, International Beer Day is aimed at beer drinkers everywhere. Every first Friday in August, special events are held in bars and pubs around the world. As Statista's Katharina Buchholz details below, some countries' inhabitants might be more prone to celebrate than others. You will find more infographics at Statista A recent Statista Consumer Insight survey shows that some Latin American countries exhibit a share of between 35 and 44...

A 10% Dip Is Not A Green Light To Go All In Submitted by QTR's Fringe Finance This is the kind of environment where how you deploy capital matters far more than just being “in the market.” One lesson I’d repeat to myself here: don’t go throwing all your cash into the market just because we’re down 10% from the highs. That kind of thinking assumes the decline is basically over, when there’s no rule that says it is. In fact, a 10% decline is just considered a correction, not a bottom,...

Rate-Hike Odds Slide As US Consumer Price Inflation Prints Slowest Since Pre-War July's ongoing decline in oil prices (before the late July/early August rebound) should support lower prices in today's CPI print (with portfolio management impacts expected to be a bigger upside deal for PCE as stocks soared) but expectations were for an uneventful 0.1% MoM rise in the headline print. And the print was perfectly in line, rising 0.,1% MoM and 3.4% YoY (down from +3.5% in June) - the lowest since March... With Goods inflation flat at 0.8% YoY and...