Prediction Markets’ NFL Boom Tests Sports Betting RulesPrediction markets built their business by letting users trade on everything from Federal Reserve decisions to pop culture. This year’s football season is showing just how much their growth hinges on something more familiar to bettors: sports.
Emerging Markets Better Armed for Renewed European Debt TurmoilEmerging-market bonds and currencies were whipsawed by the Eurozone debt crisis 15 years ago, but they are now better equipped to withstand any repeat of that turmoil, analysts say.
Tech Earnings Loom Large for Hedge Funds Packed Into Dispersion TradeEquity option traders will be looking for the market to break out of its inertia as tech company earnings collide with a Federal Reserve meeting and US midterm elections.
Monte Paschi to Hold Monday Board Meeting on M&A SituationBanca Monte dei Paschi di Siena SpA has called an extraordinary board meeting for Monday to review the M&A situation following Intesa Sanpaolo SpA’s increased offer, people familiar with the matter said.
Singapore F1 Race Draws Near-Record Turnout Despite Choking HazeSingapore’s Formula 1 Grand Prix race saw a near-record turnout, bucking concerns that one of the worst regional haze in recent years would threaten the event.