Prediction market startup Kalshi significantly exceeded its projections during the 2026 Fifa World Cup, achieving US$27 billion in trading volume and three million users. This success propels Kalshi into wider event contracts, including new markets for clinical trials and FDA reviews, despite ongoing regulatory challenges.
Ukrainian President Zelenskyy initially fired popular Defence Minister Mykhailo Fedorov, sparking public protests and criticism. After days of unrest, Zelenskyy fired military chief Oleksandr Syrskyi, appointing Mykhailo Drapatyi as the new military chief and Evgeniy Khmara as acting defence minister, aiming to prioritize modern, tech-driven warfare.
A campanha "Dia Livre de Impostos" chega à sua 20ª edição em Fortaleza e Eusébio, promovendo a venda de produtos com descontos de até 70%, equivalentes à carga tributária.
ClickUp CEO Zeb Evans announced layoffs of 22% of staff, framing it as an embrace of AI to boost productivity and create "100x org." He claims those who harness AI will see higher salaries, while others may be displaced. A Gartner survey notes 80% of companies using autonomous tech have cut jobs, but financial returns are not guaranteed.
Memorial Day weekend brings sales on summer essentials like Bluetooth speakers and slushie makers, curated by Filter staff picks.
Gen Z is navigating a complex financial landscape, balancing early earning and investing with impulsive spending and trend-driven bets. While digitally savvy and embracing new tools, they often overlook essential safety nets like insurance. Experts urge a shift from quick gains to disciplined, long-term wealth building, splitting finances strategically for stability.
Singapore Prime Minister Lawrence Wong has sought to reassure workers amid concerns about the AI revolution, vowing that the city state will carve out fresh opportunities even as the new technology renders some jobs obsolete. In the annual May Day rally on Friday, Wong acknowledged the anxieties but urged workers and firms to build artificial intelligence capabilities and harness its benefits. Demand would rise for AI-savvy workers, and new doors would open as global companies expanded their...
A veteran finance professional with decades of experience at major institutions like JP Morgan, Citi and BNY Mellon recounts nearly being scammed via WhatsApp. The scam involved a message from a senior Japanese banker friend requesting a payment, complete with verified profile details. The author emphasizes that even sophisticated individuals are vulnerable to increasingly sophisticated AI-driven scams, noting that deception cases accounted for 48% of all crime in Hong Kong last year with losses reaching HK$3.6 billion.
The UK government has launched a £50m retail investment campaign featuring an animated CGI squirrel named Savvy to encourage the nation's cautious savers to move cash into financial markets. Backed by 20 City firms including Barclays, Aviva and Robinhood UK, the 3-5 year campaign targets seven million adults holding over £10,000 in cash savings, who the Investment Association say are losing out as cash erodes in real terms.
The UK government has launched a £50m retail investment campaign featuring an animated red squirrel named 'Savvy' to encourage the nation's cautious savers to move money from cash into stock market investments. The three-to-five-year campaign, backed by 20 City firms including Barclays, Aviva and Schroders, aims to target the seven million UK adults holding over £10,000 in cash savings, amid concerns that risk-averse behaviour is stymying UK economic growth.
Ambition behind investing campaign is laudable, yet cutting stamp duty on share purchases, for example, would be much more savvyCity firms bank on ‘savvy’ ad campaign to push Brits towards investingRed squirrel characters have a history in the public information game. Older UK readers may recall Tufty, who taught children about road safety in the 1970s. His chum, Willy Weasel, regularly got knocked down by passing cars but clever Tufty always remembered to look both ways.Now comes Savvy Squirrel, who, with backing from the chancellor and a multi-year lump of advertising spend from the financial services industry, will try “to drive a step-change in how investing is understood, discussed and adopted”, as the blurb puts it. In translation: don’t squirrel everything away in a boring cash Isa but try taking an investment risk or two if you value your long-term financial health. Continue reading...
The UK government has launched a £50m advertising campaign featuring an animated CGI squirrel named 'Savvy' to encourage the nation's cautious savers to move their money from cash into financial markets. Backed by 20 major City firms including Barclays, Aviva and Schroders, the three-to-five-year campaign targets the seven million UK adults holding over £10,000 in cash savings, who campaigners say are losing out due to inflation. The Investment Association warns that £10,000 in a cash ISA a decade ago would be worth £8,400 today versus £19,700 in a global equity fund.
