(Bloomberg) -- Robinhood Markets Inc. is unveiling a hub inside its popular app for retail traders to bet on the likelihood of certain event outcomes.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressThe Dark Prophet of Car-Clogged CitiesSaving the Signature Sound of Washington, DCPrediction markets have grown in popularity among investors, sp
The Organisation for Economic Co-operation and Development has cut its outlook for the U.S. and the global economy this year and next, citing "higher trade barriers" that are putting pressure on growth.
Before the 47th US president, there was another blond(e) with a distaste for economic orthodoxy setting fire to financial markets. The Parable of Liz Truss should be required reading for Trump.
U.S. shoppers stepped up their spending just a bit in February after a sharp pullback the previous month, signaling that Americans are shopping more cautiously as concerns about the direction of the economy mount. Retail sales rose just 0.2% in February, a small rebound after a sharp drop of 1.2% in January, the Commerce Department said Monday. Sales rose at grocery stores, home and garden stores, and online retailers.