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Kalshi debuts a midterm election hub that relies on real-money bets to forecast race outcomes

Kalshi, one of the leading prediction markets, is starting a midterm election hub that offers real-time forecasts driven by wagers predicting race outcomes. The hub displays election outcome forecasts, polling, fundraising statistics and historical election data, the company said in a statement on Wednesday. Kalshi bills the hub as a “one-stop-shop for state and federal election…

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How much wealth do you need to thrive? Here’s the breakdown, according to new research.

Three in four Americans don’t have enough wealth to weather financial setbacks and achieve major life milestones, according to a recent report from The Aspen Institute, a nonprofit think tank. About 34.5 million U.S. households fall short of what the group terms its “essential wealth” benchmark, which The Aspen Institute defines as having six weeks of…

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