With less than two months until the midterms, election and county officials are prohibiting employees from participating on prediction market contracts. Officials said it’s the tightest measure they can take to ensure employees, who have access to ballots, do not commit insider trading on election contracts. “Obviously, we have no control over prediction markets themselves, or…
Wendell Huang, chief financial officer of Taiwan Semiconductor Manufacturing Co. (TSMC), during a news conference in Taipei, Taiwan, on Thursday, July 16, 2026. Bloomberg | Bloomberg | Getty Images TSMC is racing to accelerate capacity at its Arizona factory as the company continues to see a “multi-year demand mega trend” from its customers, Chief Financial…
The world of economic development is spinning fast in 2026. Companies are pressing some specific demands of the states they are willing to do business in. They want low costs, minimal red tape, and turnkey sites that afford them the greatest speed to market. They want cheap and reliable electricity and abundant water in…
Apple CEO Tim Cook looks on during an event with President Donald Trump in the Oval Office of the White House on Aug. 6, 2025. Win Mcnamee | Getty Images Earlier this year, Mono Technologies assembled and shipped nearly 1,000 units of its flagship product, a $600 router development kit. Co-founder Tomaž Zaman, who started…
A Carvana sign and signature vending machine in Tempe, Arizona. Michael Wayland | CNBC After growing to become one of the largest used car retailers in the U.S., Carvana is expanding into the new vehicle market. The company has quietly purchased seven new vehicle franchises since last year that primarily sell Stellantis‘ Chrysler, Dodge, Jeep…
Cars line up outside a food pantry in North Carolina, April 3, 2026. Lindsey Nicholson | UCG | Universal Images Group | Getty Images Consumers are facing price pressures as the costs of groceries and gas rise. The pace of inflation is expected to increase in the coming months, according to the Survey of Professional…
The Commodity Futures Trading Commission headquarters in Washington, Dec. 23, 2022. Ting Shen | Bloomberg | Getty Images As prediction markets’ volumes grow at a ruthless pace, their businesses are being challenged by states across the country. The federal government is fighting a multifront battle to stop the state actions and assert its regulatory authority. …
When Spirit Airlines shut down before dawn on May 2, work for pilot Steve Giordano was just beginning. Giordano, managing partner of the Nomadic Aviation Group, told CNBC he organized a massive repossession of more than 20 Spirit planes that lessors wanted returned. In just over a week, he said he and his team ferried…
A general view of the cruise ship MV Hondius stationary off the port of Praia, the capital of Cape Verde, on May 3, 2026. AFP | Getty Images For now, prediction market traders aren’t too worried about the hantavirus. Kalshi data shows only a 21% chance of the hantavirus outbreak will be a concern this…
As a kid, I moved around a lot. I was born in California, but I’ve lived in Arizona, Colorado, North Carolina, Virginia, Montana and Oklahoma. I never had the chance to call anywhere “home” for too long. So if you’d told me back then that I’d end up in China, I would’ve laughed. I visited…
