Goldman Sachs has prohibited staff from trading prediction market contracts. These contracts are linked to financial markets and political events. The policy aims to prevent conflicts of interest with the bank. Violations could lead to disciplinary action and forfeiture of gains. Restrictions do not apply to sports and entertainment prediction markets.
How Bessent, America’s bond salesman, cornered Japan on big spending
In a significant dialogue, US Treasury Secretary Bessent encouraged Japan to implement reforms in its fiscal and monetary policies. Aiming to stabilize the yen and