Flutter Entertainment, the company behind FanDuel, has been on a wild ride lately. At first, things looked good when they shared their latest financial results. But then, as people really looked at the numbers, the stock took a nosedive. In just one week, it dropped 12%, and over a month, it fell ab
Politicians often make big promises to win votes, but many of these promises never come true. This is a problem because voters are left disappointed, and politicians face no consequences. Some people think that limiting campaign donations could make elections fairer, but others argue that this limit
In the world of finance, things are always changing. Recently, a well-known activist investor, Jana Partners, has been making waves. They've quietly built up a significant stake in Alkami Technology, a company that specializes in banking tech. This move didn't go unnoticed. It's a clear sign that Ja
In the world of turtles, the sex of a baby turtle isn't just about chromosomes. It's also about temperature. This is called temperature-dependent sex determination. Scientists have been curious about how this works for a long time. They knew that something called alternative splicing might play a ro
Quantum game theory is a fascinating field that blends quantum mechanics with game theory. It's not just about complex math and physics. It's about understanding how people make decisions in an unpredictable world. Recently, this field has been making waves in finance. But why should we care? Well,
When it comes to managing money, there are many people who claim to have the best advice. Some, like stockbrokers, might push their own products to earn a commission. But there's another option: a Certified Financial Planner, or CFP. These professionals usually charge a flat fee, so they don't have
Tether, the company behind the popular USDt stablecoin, is making a bold move into the world of commodity lending. With a whopping $1. 5 billion already lent out, they're not just dipping their toes in—they're diving right in. This isn't just about lending money; it's about helping traders move good
The Bank of England has shared its updated plans for managing stablecoins, a type of digital currency tied to stable assets like the British pound. This isn't the first time they've talked about this, but their latest ideas have sparked some debate. The bank has been gathering thoughts from various
China has made a big step in making its own airplane engines. They tested a small, super-light turbojet engine. This engine is special because it was mostly made using 3D printing. The test showed that the engine can work well on its own, not just in controlled tests. The engine powered a drone for
Janney Montgomery Scott, a firm owned by KKR & Co. , is making some big changes. They're in talks to sell off parts of their business. Specifically, they're looking to sell their division that advises banks and their institutional equities business. This sale is part of a larger plan to focus more o
