K-Shaped Christmas: US High Earners Spend Freely
π Key Facts β High earners across the US are actively spending during the holiday season. β Middle-income households are facing financi...
π Key Facts β High earners across the US are actively spending during the holiday season. β Middle-income households are facing financi...
π Key Facts β Bitcoin price briefly crossed $90,000 from $88,000 during Asian and European trading before retreating. β Futures open in...
One very lucky lottery player from the US state of Arkansas hit the ultimate jackpot on Christmas Eve. Christmas will never be the same again!...
Spot Bitcoin ETFs extended a six-day withdrawal streak as analysts point to seasonal factors rather than weakening institutional demand....
The current jackpot is estimated to be worth $1.7 billion for the drawing on Christmas Eve Wednesday, according to Powerball....
Once a barometer of retail hype, memecoins are closing the year with shrinking liquidity, weaker participation and fading speculative momentum....
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Schwab Center for Financia...
Tourists planning to spend Christmas in Hong Kong have fuelled a surge in guest house bookings since October, driving occupancy and room rates to their strongest levels in five years. But those arrivi...
Article URL: https://www.economist.com/christmas-specials/2025/12/18/the-battle-to-stop-clever-people-betting Comments URL: https://news.ycombinator.com/item?id=46398170 Points: 8 # Comments: 1...
Crumpled up losing lottery tickets sit in a wastebasket at a liquor store in California. The Powerball jackpot has surpassed $1 billion. The next drawing is on Monday. Juliana Yamada/Los Angeles Times...
π Key Facts β Strategy paused its streak of bitcoin purchases β Added $748 million to its USD reserve β Total f...
Netflix began hosting NFL games on Christmas in 2024. Brooke Sutton/Getty Images NFL Christmas games have moved to Netflix and Amazon as sports start to shift to streaming. Amazon and YouTube TV lead ...
Ollie's Bargain Outlet plans to more than double its store count in the coming years. Paul Weaver/SOPA Images/LightRocket via Getty Images Ollie's Bargain Outlet was a top destination for last-minute ...
Tesla CEO Elon Musk ODD ANDERSEN/AFP via Getty Images Elon Musk appears to be feeling the joy this holiday season. The Tesla CEO posted to X that he's making an edit to the company's "mission word...
π Key Facts β Ashley Archambault was a single mother for seven years, learning holiday budgeting during financially challenging times. β ...
Tim Cook sporting a custom pair of Nike Vomero Plus sneakers at an Apple store reopening in Tokyo earlier this year. Apple Tim Cook bought $3 million in Nike shares, nearly doubling his stake in the c...
π Key Facts β The Interior Department ordered the pause of five wind power projects in the Atlantic. β One project provided cheap elect...
Walmart CEO Doug McMillon (R) is handing over the top job to John Furner in the new year. Walmart 2025 has been a big year for retail CEO transition announcements. Roughly 45 retailers said they are c...
Kiana Mei started her business at the age of 15 in high school. Now, she's fully committed to life as a young entrepreneur. Aditi Bharade Kiana Mei was 15 when she started her business, selling origam...