Finance

From forecasting election results and Hollywood box office hits to the second coming of Jesus Christ, prediction markets bet on just about any future event. While these decentralized and robust forecasting systems have been praised for their accuracy over traditional polls, the question remains whether the data gains outweigh considerable ethical and social costs.

Physical gold and “digital gold”—the leading cryptocurrency famously known as Bitcoin—have some surprising traits in common. Both are scarce, exist outside government control, and are often framed as protection against fiat currency debasement. However, these two assets could not be more different.

After nearly nine decades, the U.S. government suspended the de minimis rule—an almost 100-year-old trade policy that allowed more than a billion affordable foreign goods to reach American consumers duty-free over the last decade.

Unusual hashtag #RecessionIndicator memes are everywhere on social media–a viral trend that, thankfully, has less to do with accurately predicting the future and everything to do with how we’re all feeling about living in economic uncertainty.

What is private equity? Discover how to break into a top PE career. Our guide reveals strategies for landing a private equity job without prior experience.

They say "you have to spend money to make money,"...

Do you ever feel like you’re making less, even if...

Bruno Rauis shares how financial strategy applies to the green industry of solar energy.