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The Information reports prediction-market platform Kalshi's annualized revenue has topped $4.0 billion and the company is seeking a $40 billion valuation.

2026-08-12

The Information reports prediction-market platform Kalshi's annualized revenue has topped $4.0 billion and the company is seeking a $40 billion valuation.

Other News
2026-08-12

WSJ's Nick Timiraos says markets will focus on Wednesday's July inflation MoM print as a rising number of FOMC officials treat upcoming monthly inflation readings as decisive for whether their forecast of inflation falling to 2% over the next two yea

WSJ's Nick Timiraos says markets will focus on Wednesday's July inflation MoM print as a rising number of FOMC officials treat upcoming monthly inflation readings as decisive for whether their forecast of inflation falling to 2% over the next two years remains achievable without further rate hikes. New Fed chair Wosh has expressed skepticism about linking policy-sensitive forecast revisions to high-frequency data, saying he sees little practical value in the Fed's current "data-dependent" approach. A working group set up by Wosh appears intended to help design a replacement framework, but until a new framework is clarified the old one still appears to be guiding policy.
2026-08-11

An informed source revealed that, for security reasons, the Ukrainian air defense forces have stopped disclosing the number of missiles Russia launched in the attack.

An informed source revealed that, for security reasons, the Ukrainian air defense forces have stopped disclosing the number of missiles Russia launched in the attack.
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