Savannah Peters

Nov 7, 2024 | marketplace.org | Savannah Peters

This was a breakout election cycle for election wagering, which was legal thanks to a U.S. district court decision last month. Betting markets, including platforms like Polymarket, Kalshi and PredictIt, got a lot of attention for their early predictions of a victory by former President Donald Trump, while traditional polls were showing a tossup. Turns out, prediction markets were right.

Nov 6, 2024 | marketplace.org | Leanna Byrne |David Brancaccio |Savannah Peters

Nov 6, 2024

Nov 6, 2024 | marketplace.org | Savannah Peters

One sector that will be watching closely for an interest rate cut decision by the Federal Reserve is agriculture. Farmers and ranchers have been pretty down in the dumps lately, according to Purdue University’s monthly Ag Economy Barometer. In August and September, lower income expectations and thin margins were weighing on ag producers. But a fresh reading out this week shows a rebound in farmer sentiment, from 88 to 115 on a 200-point scale, perhaps due in part to the Fed’s movement on rates.

Nov 5, 2024 | marketplace.org | Savannah Peters

The Dow Jones Industrial Average will see some coming and going this week. Chipmaker Nvidia will replace its rival Intel on the stock index, and the paint company Sherwin-Williams will sub in for the chemical giant Dow. The Dow is made up of 30 companies at a time, and the committee that decides on that list tries to represent key parts of today’s economy.

Nov 5, 2024 | flipboard.com | Savannah Peters

The stock market’s performance after the past 5 electionsWith the presidential election upon us, here’s a look at how the stock market has fared after the past 5 elections and during the past 5 presidencies. …