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NYC bar uses prediction markets to hedge against a new financial risk: A Knicks victory

Wall Street investors use financial derivatives to hedge against shifts in interest rates and exchange rates. Farmers use them to lock in the price of their crops. Now, one New York City bar is using Kalshi, a CFTC-regulated prediction-markets platform, to hedge against another kind of risk.
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Gold is an awkward asset for central banks to hold. It’s now moved ahead of U.S. debt anyway.

The debt of the world’s biggest economy is no longer the primary reserve asset for central banks worldwide.
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Job seekers are using ‘AI role-play’ to negotiate salary. Here’s how to do it.

These AI prompts can help make you a master salary negotiator at your next job interview.
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As Micron’s stock blows past $1,000, Wall Street sees more gains in store

Micron stands to benefit from a favorable pricing environment, low competition — and now a new Nvidia chip, analysts say.
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These home-builder stocks look cheap after Berkshire’s ‘vote of confidence’ in the sector

After two years of underperformance, most home builders remain profitable and many stocks are trading at relatively low valuations.



