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What Are Prediction Markets? Predictit, Polymarket and Kalshi 08/08/2024 08:00pm • The fundamental concept behind the prediction markets -- that is, speculating on the outcome of future events -- is very old indeed, but it's only been in the last two decades or so that the idea gained prominence with mainstream, retail investors. The prediction markets first captured the general How Piggyback Loans Work 08/08/2024 08:00pm • If you're making a small down payment on your home, a piggyback loan might help you avoid some extra costs on your mortgage. However, these types of loans aren't without their own costs and drawbacks. Here's what you need to know. What Is a Piggyback Loan?A piggyback loan is a second mortgage -- usu US jury convicts Mozambique鈥檚 ex-finance minister Manuel Chang in 鈥榯una bonds鈥 corruption case US jury convicts Mozambique鈥檚 ex-finance minister Manuel Chang in 鈥榯una bonds鈥 corruption case 08/08/2024 06:47pm • NEW YORK (AP) 鈥 Former Mozambican Finance Minister Manuel Chang was convicted Thursday in a financial conspiracy case that welled up from from his country's 鈥 tuna bond 鈥 scandal and swept into a U.S. court. A federal jury in New York delivered the verdict. Chang was accused of accepting payo Blend Labs: Q2 Earnings Snapshot 08/08/2024 06:42pm • SAN FRANCISCO (AP) 鈥 SAN FRANCISCO (AP) 鈥 Blend Labs Inc. (BLND) on Thursday reported a loss of $20.9 million in its second quarter. On a per-share basis, the San Francisco-based company said it had a loss of 9 cents. Losses, adjusted for stock option expense and to extinguish debt, were 2 cents Golden Entertainment: Q2 Earnings Snapshot 08/08/2024 05:21pm • LAS VEGAS (AP) 鈥 LAS VEGAS (AP) 鈥 Golden Entertainment Inc. (GDEN) on Thursday reported second-quarter net income of $623,000. On a per-share basis, the Las Vegas-based company said it had profit of 2 cents. Earnings, adjusted to extinguish debt and for non-recurring costs, came to 16 cents per Bloom Energy: Q2 Earnings Snapshot 08/08/2024 04:37pm • SAN JOSE, Calif. (AP) 鈥 SAN JOSE, Calif. (AP) 鈥 Bloom Energy Corp. (BE) on Thursday reported a loss of $61.8 million in its second quarter. The San Jose, California-based company said it had a loss of 27 cents per share. Losses, adjusted to extinguish debt and for stock option expense, came to 6 Facing budget crunches, Chinese tax collectors descend on companies 08/08/2024 01:08pm • BEIJING (AP) 鈥 Chinese authorities are chasing unpaid taxes from companies and individuals dating back decades, as the government moves to plug massive budget shortfalls and address a mounting debt crisis. More than a dozen listed Chinese companies say they were slapped with millions of dollars in Priority Technology: Q2 Earnings Snapshot 08/08/2024 07:39am • ALPHARETTA, Ga. (AP) 鈥 ALPHARETTA, Ga. (AP) 鈥 Priority Technology Holdings, Inc. (PRTH) on Thursday reported profit of $994,000 in its second quarter. The Alpharetta, Georgia-based company said it had net loss of 23 cents per share. Losses, adjusted to extinguish debt, were 12 cents per share. T Sally Beauty: Fiscal Q3 Earnings Snapshot 08/08/2024 06:52am • DENTON, Texas (AP) 鈥 DENTON, Texas (AP) 鈥 Sally Beauty Holdings Inc. (SBH) on Thursday reported fiscal third-quarter net income of $37.7 million. The Denton, Texas-based company said it had profit of 36 cents per share. Earnings, adjusted for non-recurring costs and to extinguish debt, came to 4 Heir apparent to Sri Lanka's powerful Rajapaksa family will run in September's presidential election Heir apparent to Sri Lanka's powerful Rajapaksa family will run in September's presidential election 08/08/2024 01:18am • COLOMBO, Sri Lanka (AP) 鈥 The man who is considered the heir apparent to the powerful Rajapaksa family in Sri Lanka will contest the presidential election in September, his political party said Wednesday, in an apparent bid to regain his family's lost power after a humiliating setback two years ag Populist conservative and ex-NBA player Royce White shakes up US Senate primary race in Minnesota Populist conservative and ex-NBA player Royce White shakes up US Senate primary race in Minnesota 08/08/2024 12:28am • MINNEAPOLIS (AP) 鈥 When longtime Donald Trump ally Steve Bannon surrendered at a federal prison in Connecticut, he asked an unconventional U.S. Senate candidate from Minnesota to stand at his side. Royce White, seeking the Republican nomination in next week's primary to challenge Democratic incumb Safety watchdog: Metrorail needs to do more to make sure operators are fit (and awake) for duty Safety watchdog: Metrorail needs to do more to make sure operators are fit (and awake) for duty 08/07/2024 08:15pm • The commission that keeps a watchful eye over safety concerns at WMATA's Metrorail system said the transit agency needs to do more to make sure employees are trained, get enough sleep and are fit for duty. During a Tuesday meeting, the Washington Metrorail Safety Commission (WMSC) outlined incide When Is a Home Equity Loan a Good Idea? 08/07/2024 08:00pm • Tapping your home's equity can be an effective way to consolidate debt, fund a home renovation or start a business. As you pay down your mortgage and your home increases in value, you build equity that you can access through a home equity line of credit or home equity loan. These loans are second mo 9 of the Best Bond ETFs to Buy Now 08/07/2024 08:00pm • The artificial intelligence (AI)-fueled bull market abruptly hit the brakes on Aug. 2, following a weak report showing slowing job growth and rising unemployment, which sparked recessionary fears and a broad market sell-off. By market close, the Nasdaq had fallen 2.43%, but some notable companies fa Encore Capital Group: Q2 Earnings Snapshot 08/07/2024 06:40pm • SAN DIEGO (AP) 鈥 SAN DIEGO (AP) 鈥 Encore Capital Group Inc. (ECPG) on Wednesday reported second-quarter net income of $32.2 million. The San Diego-based company said it had profit of $1.34 per share. The results surpassed Wall Street expectations. The average estimate of four analysts surveyed b
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