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Finance & Markets

Money Doesn’t Want to Leave Equities, Says Baird Strategas’ Verrone

Chris Verrone, partner and chief market strategist at Baird Strategas, sees equity markets as “highly rotational” and doesn’t think bond yields are high enough to be “truly competitive for your capital every day.” He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Map Shows 40 States Backing NFL's Supreme Court Prediction Market Fight

Thirty-nine states are backing New Jersey as the NFL urges the Supreme Court to clarify who regulates sports prediction markets.

  • Forty states, including D.C. and NJ, support NFL's Supreme Court appeal.
  • NFL argues prediction contracts are financial products under federal law.
  • Prediction-market firms seek unified federal framework for sports speculation.

China and EU reach ‘understanding’ on hybrid vehicles after crunch trade talks

The European Union and China “reached an understanding” on trade in hybrid electric vehicles during marathon negotiations in Beijing on Friday, China’s commerce ministry said in a statement. Beijing is “willing to continue” fast-tracking licenses for rare earth mineral exports to Europe, while the sides will continue negotiations on…

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