4 Takeaways: UFL Week 2

4 Takeaways: UFL Week 2

Now that’s more like it!  DC Defenders head coach Shannon Harris sought some redemption in Week 2 after mustering just 10 points in a season-opening road loss, and the defending UFL champions received it in the form of an easy 44-26 victory over the Columbus Aviators at Historic Crew Stadium in Ohio on Friday. The…

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Polymarket launches trading of heavily leveraged ‘perps’ contracts

Polymarket launches trading of heavily leveraged ‘perps’ contracts

Nikolas Kokovlis | Nurphoto | Getty Images Prediction markets platform Polymarket is expanding into trading of perpetual futures contacts, the company said Tuesday. The announcement comes on the heels of a report from The Information that its main rival Kalshi has plans to offer crypto trading, including perpetuals. These are futures contracts that stay open…

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BlackRock’s Rick Rieder says CPI gives Fed justification for a half-point cut in September

BlackRock’s Rick Rieder says CPI gives Fed justification for a half-point cut in September

Rick Rieder, BlackRock’s chief investment officer for global fixed income, is sticking with his call for a jumbo rate cut from the Federal Reserve next month after new inflation data showed less-than-expected price pressures. “We expect the Fed to begin cutting rates in September, and it could be justified cutting the Funds rate by 50 basis…

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