Today's Top Story
Well-timed bets on Polymarket tied to the Iran war draw calls for investigations from lawmakers
Calls are increasing inside Congress for investigations into the prediction market platform Polymarket Read More
Business News
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Prediction markets are back in the spotlight, this time because of the war in Iran
Prediction markets let people wager on anything from a basketball game to the outcome of a presidential election — and recently, even the fate of the U.S. and Israel’s war against Iran
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US economy grew a sluggish 0.5% in fourth quarter, government says, downgrading previous estimate
The American economy, slowed by last fall’s 43-day government shutdown, grew at a sluggish 0.5% annual pace from October through December, the Commerce Department reported Thursday in downgrade of its previous estimate
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Key inflation gauge remains elevated in February before Iran war
A key measure of inflation stayed high in February, before the war in Iran spiked gas prices, a sign that everyday costs were elevated even before the conflict began
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Economic News
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Irish fuel protests enter fourth day as government seeks to head off shortages, open blocked roads
Protests over high fuel prices in Ireland have entered a fourth day, sparking concerns about fuel shortages and emergency services as demonstrators clogged roads and blocked access to refining and distribution sites around the country
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USPS to suspend pension contributions, seeks 4-cent stamp price hike
The U.S. Postal Service has decided to temporarily suspend its contributions to Federal Employees Retirement System annuities
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IMF chief warns that Iran war will slow global economic growth
The head of the International Monetary Fund says the war in Iran is darkening the outlook for the world economy, and that's the case whether or not a fragile ceasefire holds
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Money News
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USPS to suspend pension contributions, seeks 4-cent stamp price hike
The U.S. Postal Service has decided to temporarily suspend its contributions to Federal Employees Retirement System annuities
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Brazil's Lula argues for ban on online betting platforms
Brazil’s President Luiz Inácio Lula da Silva said on Wednesday he favors a national ban on online betting platforms, whose revenues in the South American nation are estimated in more than $4 billion per year, one of the biggest markets in the world
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How spending shocks affect retirement planning
Two risks for retirement spending: unanticipated early retirement and big long-term care outlays at the end of life
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