The prediction market platform one year ago was valued at $5 billion.
Kalshi valuation jumps to $40 billion in latest funding round
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European Central Bank keeps key interest rate on hold at 2.5%

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Poundland's bosses is filing a notice of intention to appoint administrators to the business.

'Painful' years ahead, think tanks warn, as living standards set to fall
Budget forecasts show growth in living standards grinding almost to a halt.

DoorDash to acquire Instacart for $17 billion
DoorDash has announced that it's buying Instacart in a deal valued at approximately $17 billion. The acquisition will give DoorDash a bigger presence in online grocery delivery thanks to Instacart's established grocery marketplace and retailer partnerships, with Instacart CEO Chris Rogers saying the deal will make "online grocery more seamless and affordable" for millions of […]
Jim Cramer's top 10 things to watch in the stock market Thursday
Tech is taking it on the chin.

US economy grows faster than expected in report out just ahead of elections
Growth is in sharp contrast to households’ assessment, reflected in Trump’s record-low approval ratings The US economy grew faster than expected in the third quarter as resilient consumer spending and AI -driven business investment more than offset the impact of higher oil prices stemming from the conflict in the Middle East . Gross domestic product (GDP) increased at a 3.4% annualized rate last quarter, the commerce department’s bureau of economic analysis said in its advance estimate of the third quarter GDP on Thursday. Economists polled by Reuters had forecast GDP advancing at a 3.2% pace. Continue reading...