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Former US Treasury Secretary Larry Summers calls prediction markets a powerful tool for understanding public expectations. By letting people put money behind their opinions, platforms like Kalshi and Polymarket can reveal consensus beliefs about elections, policy changes, and global events. Summers says they make forecasting smarter and more transparent. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

President Donald Trump’s new deportation push has fueled record spending on detention facilities. We talk with the CEO of CoreCivic, one of the nation’s largest private prison firms, and look at how immigration policy is impacting his business. We also visit a community that hosts a major detention facility, and discuss the ongoing debate over profit and human rights. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

This 28-year-old AI billionaire says one thing will set you apart. Also, ChatGPT adds third-party apps and top companies seek AI talent. Check out more news from Entrepreneur: https://www.entrepreneur.com/business-news Follow us on social media: https://www.facebook.com/Entrepreneur/ https://www.instagram.com/entrepreneur https://www.tiktok.com/@entrepreneur https://x.com/entrepreneur

Shark Tank star Robert Herjavec says any small business's problems can be solved by one thing: sales. And what skill makes a founder successful? The ability to sell. Missed Level Up 2025? Use the link below to hear about future Level Up events: https://ow.ly/R1IN50WPy3G Follow us on social media: https://www.facebook.com/Entrepreneur/ https://www.instagram.com/entrepreneur https://www.tiktok.com/@entrepreneur https://x.com/entrepreneur

While crypto started as a renegade reaction to the financial crisis of 2008, the industry has become increasingly intertwined with Wall Street. That trend accelerated this year with the rise of stablecoins and Trump administration's embrace of the technology, as traditional financial institutions became more comfortable with the world of blockchain. Citi's managing director of digital assets Artem Korenyuk explains what Wall Street sees in crypto—and why the relationship is likely to last this time around. 0:52 - Opening 1:14 - Wall Street Goes All In 1:44 - 2008 Crisis & Crypto Roots 3:38 - Banks Enter the Space 4:00 - Guest Introduction: Artem Korenyuk 6:05 - Artem’s Crypto Origin Story 6:59 - DTCC & Wall Street Interest 8:42 - Citi’s Four Crypto Pillars & Token Services Explained 11:17 - Citi’s Global Network Play 13:20 - UX Over Tech for Clients 14:24 - Breaking Down Blockchain Benefits 15:11 - Public vs Private Blockchains & Censorship 16:00 - Smart Contracts, Programmability & Composability 17:40 - Blockchain’s Impact on Financial Markets 18:50 - Regulation & The Future of Blockchain in Finance 21:00 - Stablecoins, Tokenized Stocks & Bank Adoption 26:42 - Leo and Jeff Unpack the Interview Subscribe to Fortune - http://www.youtube.com/subscription_center?add_user=FortuneMagazineVideo Fortune Magazine is a global leader in business journalism with 55 million monthly page views and a readership of nearly 32 million, with major franchises including the Fortune 500 and the Fortune 100 Best Companies to Work For. The new Fortune video channel dives into personal stories from business owners and entrepreneurs becoming successful in business and sharing their tips to help you reach your goals. Website: http://fortune.com/ Facebook: https://www.facebook.com/FortuneMagazine Twitter: https://twitter.com/FortuneMagazine TikTok: https://www.tiktok.com/@fortune

OpenAI COO Brad Lightcap joined Fortune #TermSheet to discuss where the company stands in the enterprise market, what he thinks of the “AI bubble,” and more.⁠ Subscribe to Fortune - http://www.youtube.com/subscription_center?add_user=FortuneMagazineVideo Fortune Magazine is a global leader in business journalism with 55 million monthly page views and a readership of nearly 32 million, with major franchises including the Fortune 500 and the Fortune 100 Best Companies to Work For. The new Fortune video channel dives into personal stories from business owners and entrepreneurs becoming successful in business and sharing their tips to help you reach your goals. Website: http://fortune.com/ Facebook: https://www.facebook.com/FortuneMagazine Twitter: https://twitter.com/FortuneMagazine TikTok: https://www.tiktok.com/@fortune

How much does your favorite cup of coffee cost now? Well if Trump's proposed tariffs on Brazil go into effect brace your wallet because it could soon be a lot more.

The top court criticised the conduct of all key stakeholders in the resolution process. (File)

The US is India's largest market for textile and apparel exports

<p>A fresh round of energy credits to help with electricity and heating bills have been firmly ruled out in the autumn budget but a fuel allowance increase is being considered.</p>

<p>Plans by British billionaire businessman and inventor James Dyson to construct a new helicopter landing area at his luxury country home on the banks of the River Blackwater in Co Waterford look set to be approved after a planning appeal by one of his neighbours was ruled invalid.</p>

<p>‘This decision could have ramifications across the economy,’ Martin Lewis has warned</p>

The government says thousands of businesses go under each year as a result of invoices being paid late.

The European Commission says it presumes the United States will impose a 15% tariff on most EU exports from Friday

<div><img src="https://cdn.bsky.app/img/avatar/plain/did:plc:qnhy4hutfhm2lyx4geipgoer/bafkreifwbr5dh6zftu34b6esbgbyf4npil6ibw7zoz4kwnimugg3e6sx3q@jpeg" style="width: 100%;" /><div>A 2014 investigation into the finances of a Legion of Christ priest found he opened offshore companies in Panama, secretly investing part of the organization’s resources in businesses linked to gun manufacturing and pornography. Read about the new TV series: https://buff.ly/dTk2Nrk</div></div>

The latest measurements for inflation come well above the Federal Reserve’s 2% goal. http://www.forbes.com/sites/tylerroush/2025/07/31/feds-favorite-inflation-meter-rose-more-than-expected-in-june/?utm_campaign=forbes&amp;utm_medium=social&amp;utm_source=bluesky