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Super Bowl Gives Prediction Bets Record $1.2 Billion Trading Day - Bloomberg.com
Kalshi Inc. said it registered over $1 billion in trades related to the Super Bowl, a record surge that underscored the threat that booming prediction markets pose to traditional gambling companies.
US stocks drift to a mixed finish as yields fall after a discouraging report on US shoppers - AP News
Stocks drifted to a mixed finish after flirting with record highs. The S&P 500 fell 0.3% Tuesday after briefly rising above its all-time high, which was set a couple weeks ago. The Dow Jones Industrial Average added 0.1% to its own record, and the Nasdaq comp…
Estée Lauder sues Walmart alleging 'despicable' sale of counterfeit beauty products - CNBC
The counterfeits were sold by third-party sellers on Walmart’s marketplace but Estee Lauder alleged the retailer played an active role facilitating those sales.
Marc Benioff 'Jokes' ICE Is Watching Salesforce Employees Who Traveled to the U.S. - 404 Media
“Employees are going absolutely apeshit in internal Slack about how completely awful it was.”
Google offers buyouts to staff in its business unit who aren't 'all in' - Business Insider
Google’s chief business officer Philipp Schindler announces voluntary exit packages for select teams, focusing on AI impact and strategy alignment.
Trump wants lower mortgage rates. His Fed pick may push the other way. - The Washington Post
Kevin Warsh’s push to shrink the $6.6 trillion balance sheet could raise long-term rates, creating tension with the administration over its housing agenda.