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News Powered By AI

NYC bar uses prediction markets to hedge against a new financial risk: A Knicks victory

by News Feed Editor | Jun 2, 2026 | Stock Market

Wall Street investors use financial derivatives to hedge against shifts in interest rates and exchange rates. Farmers use them to lock in the price of their crops. Now, one New York City bar is using Kalshi, a CFTC-regulated prediction-markets platform, to hedge...

This space stock is rising as Blue Origin predicts quick recovery from big explosion

by News Feed Editor | Jun 2, 2026 | Stock Market

Blue Origin says it should be able to launch its New Glenn rocket before the end of 2026, which could help AST SpaceMobile. Article Attribution | Read More at Article Source

My sister, mother and I are giving my son $20,000 toward a down payment. Do we report it to the IRS?

by News Feed Editor | Jun 2, 2026 | Stock Market

“I’m confident that I will never exceed the lifetime gift-tax exemption.” Article Attribution | Read More at Article Source

Job openings leap to a 2-year high — but there’s a big catch

by News Feed Editor | Jun 2, 2026 | Stock Market

The number of U.S. job openings jumped to a two-year high of 7.6 million in April, a surprising increase that suggest businesses might be ready to hire more people after big slowdown in job creation last year. Article Attribution | Read More at Article...

It’s official: More money is now spent building data centers than the government spends on transportation

by News Feed Editor | Jun 2, 2026 | Stock Market

A notable milestone was quietly reached in the April construction-spending report released by the Census Bureau on Monday: Construction spending on data centers overtook public spending on transportation. Article Attribution | Read More at Article Source

Americans are using buy-now-pay-later for gas and groceries, showing just how expensive daily necessities are now

by News Feed Editor | Jun 2, 2026 | Stock Market

With gas prices up more than $1 a gallon from last year’s average, Americans are turning to buy-now-pay-later at the pump. Article Attribution | Read More at Article Source
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RocketNews is a news aggregator covering top stories from around the globe across 17 categories. Stories are gathered from leading news organizations — including the BBC, The Guardian, the Associated Press, NPR, Al Jazeera, and respected industry publications — along with government sources and official releases. Each story is presented without advertising as an original summary produced with Claude AI, with attribution and a link to the original reporting at the source. RocketNews also publishes featured articles from contributing writers. Story selection and summaries are automated.

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