Economy
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How much is Kalshi really worth? A detailed report says as much as $42 billion—if everything goes right
Since prediction markets exploded in popularity in 2024, the industry’s two leading players, Kalshi and Polymarket, have been raising staggering amounts of money. In the case of Kalshi, the startup notched a $1 billion Series F in May that valued it at $22 billion, and investors are eyeing an initial public offering as soon as…
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US, China agree to extend trade truce by two months to Jan. 10, Bessent says
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Japan Flash PMI shows softening growth across manufacturing and services
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ShinyHunters hack exposes FBI employee roles, personal data: report
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Guardforce AI Non-GAAP EPS of -$0.04, revenue of $18.27M
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InnoCare inks licensing deal with Eli Lilly worth up to $3.35B
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Australian unemployment rises to 4.6% despite strong job creation
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Meta unveils keychain-sized Charm gadget for Muse AI agent
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Australia unemployment rate hits 5-yr high, but RBA hike bets remain