25% of First-Time Homebuyers Used Family Money for Down Payments
NAR found 25% of first-time homebuyers used a family gift or loan for a down payment in 2024.
1 min read
Latest
Fresh coverage on the economy, markets, and the forces moving money.
S&P 500 Gains More Than 10% in April for Best Month in Nearly 6 Years
The S&P 500 rose more than 10% in April, its best month in nearly six years, after seven record highs.
2 min read
Prediction markets reach $240 billion on retail trading growth
Industry estimates put total prediction market volume at $240 billion this year as prices track news in real time.
1 min read
PacifiCorp Joins CAISO Extended Day-Ahead Market as First Utility Outside California
PacifiCorp became the first utility outside California to join CAISO’s extended day-ahead market.
1 min read
U.S. debt tops 100.2% of GDP as public debt reaches $31.27 trillion
Interest payments reached $529 billion in the first half of fiscal 2026, exceeding defense spending of $461 billion.
1 min read
U.S. Stocks Rebound 10% as Investors Price in Iran War Risks
The S&P 500 has risen nearly 3% in a day and 10% since late March as investors priced in the Iran war’s fallout.
2 min read
LIV Golf Seeks Outside Capital as PIF Exits
LIV told players and staff that PIF funding is ending and the league is seeking outside capital, according to the Wall Street Journal and The Athletic.
1 min read
U.S. debt tops 100% of GDP as publicly held debt reaches $31.27 trillion
U.S. publicly held debt reached $31.27 trillion on March 31, exceeding GDP by $49 billion and lifting the debt-to-GDP ratio to 100.2%.
1 min read
US economy grows 2% in Q1 as AI investment lifts GDP
Business investment in artificial intelligence did much of the lifting for Q1 growth, according to Bloomberg and the Wall Street Journal.
1 min read
NBA urges CFTC to tighten prediction market rules over game integrity
The NBA urged the CFTC to tighten prediction market rules, citing risks from player, official and staff participation.
2 min read
NBA asks CFTC to tighten prediction market rules for players and officials
The NBA asked the CFTC to tighten prediction market rules for players, officials and team staff.
1 min read
Debt held by the public reaches 100.2% of GDP at the end of March
U.S. public debt held by the public reached 100.2% of GDP at the end of March, or $31.265 trillion.
1 min read