More than two dozen exchange-traded funds tied to elections, recessions, tech layoffs and other real-world events are still awaiting U.S. regulatory clearance, as issuers race to package the booming prediction-market business into a product retail investors can trade as easily as a stock.
U.S. Health Secretary Robert F. Kennedy Jr. is aiming for quick wins on new health initiatives to help Republicans in November’s midterm elections, after the White House asked him to pivot from a widely criticized campaign to rewrite U.S. vaccine policy, senior administration officials told Reuters.
Lawyers for musician Britney Spears are expected to appear in a California courtroom on Monday to respond to a charge that the pop superstar drove her BMW while under the influence of drugs and alcohol.