3 Best ChatGPTs for Investors - Yahoo Finance

)SummaryBitcoin, gold and oil price contracts are among the fastest-growing prediction market products, according to Robinhood executive JB Mackenzie. The Federal Reserve's interest rate decision was Robinhood's largest event contract in September, while crypto contracts have moved toward 15-minute settlement periods. Prediction markets are also drawing customers into Robinhood's stock, crypto and retirement products, potentially making the business one of the company's fastest-growing segments. Robinhood is seeing growing demand for prediction markets tied to bitcoin, gold and oil, as traders increasingly look beyond sports and elections to bet on moves in financial markets. Price volatility contracts tied to those assets are among the fastest-growing products in prediction markets, according to JB Mackenzie, VP and GM for futures and prediction markets at Robinhood. Sports is the largest product the platform offers, said Mackenzie at the NEXTPredict conference in New York on Thursday. However, he said there is a shift in how people use the platform.

Total sales were $74.6-billion for the month, with core retail sales up 1.1%

China’s five-year digital development plan calls for wider blockchain use in trade and manufacturing alongside stronger technical standards. China has set a 2030 target for largely completing a national blockchain network under a five-year digital development plan published Friday. The 15th Five-Year Plan for National Informatization, which sets priorities calls for deeper blockchain use in trade and finance in the Yangtze River Delta, and deployment at scale in manufacturing and agriculture in the Chengdu–Chongqing region in southwestern China. Friday’s plan was issued by the Central Cyberspace Affairs Commission, a senior body within the ruling Communist Party that coordinates digital development policy. The document makes the completion target explicit for a project already included in China’s national development plan released in March. A joint policy from the Communist Party’s central leadership and State Council published on Oct. 9 called for its construction. The new plan also calls for stronger blockchain technical standards and greater use of the technology in data circulation and trading.

Nearly half of Americans haven’t calculated what they’ll need in retirement.

The stress and burnout we’re seeing aren’t only about hours or workload, but about misalignment, Dana Rahat writes

New York Attorney General Letitia James has asked a court to order defunct crypto and forex trading platform NovaTech’s founders, Cynthia and Eddy Petion, and related companies to pay $1.37 billion over its Ponzi scheme. The AG is seeking the return of about $1.13 billion in investor funds, plus $232.5 million in interest, according to a Thursday court filing. The court found the Petions and the companies liable by default in August 2025 after they failed to respond to the lawsuit. Four people who recruited investors into NovaTech have separately agreed to pay nearly $6 million in settlements intended to benefit victims, according to the AG’s office. More than 11,000 New Yorkers lost tens of millions of dollars through NovaTech and an earlier crypto mining scheme, AWS Mining, the AG’s office said. The complaint alleged that promoters targeted Haitian and other immigrant communities through prayer groups, social media and WhatsApp, promising high returns and recruitment bonuses. The filing says that investors deposited about $1.16 billion into NovaTech’s crypto wallets between August 2019 and May 2023.