Finance

Finance

Prediction markets take a bigger bite of US sports gambling pie

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Sports wagers on Kalshi, the prediction market start-up whose popularity has surged since the 2024 US presidential election, are now delivering estimated annualised revenues of about $1.3bn. That sum is close to a … Read more

Finance

Keir Starmer calls for western alliance to be ‘remade’

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer will warn Europe must move away from over-dependence on the US for its security and accept greater “burden sharing” as he signalled the western alliance must be “remade”. The UK prime minister … Read more

Finance

Gates Foundation ‘sullied’ by Epstein link, chief says

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Gates Foundation’s chief executive said he feels “sullied” by its association with Jeffrey Epstein, as he seeks to manage the fallout from the sex offender’s interactions with the philanthropic body and its chair Bill … Read more

Finance

Rubio skips Ukraine meeting with European leaders in Munich

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world US secretary of state Marco Rubio has skipped a meeting with European leaders on the war in Ukraine, in a move seen by European capitals as signalling Washington’s waning interest in involving them … Read more

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