Tess Vigeland

podcast. I'm Tess Vigeland, in for Sean Piles. And I'm Anna Helhosky. And this is our weekly money news roundup, where we break down the latest in the world of finance to help you be smarter with your money. We'll go deep into a single topic, then leave you with the latest money headlines. Today, we're talking about prediction markets. These are companies like PredictIt and Kalshi.

podcast. I'm Tess Vigeland, in for Sean Piles. And I'm Anna Helhosky. And this is our weekly money news roundup, where we break down the latest in the world of finance to help you be smarter with your money. We'll go deep into a single topic, then leave you with the latest money headlines. Today, we're talking about prediction markets. These are companies like PredictIt and Kalshi.

podcast. I'm Tess Vigeland, in for Sean Piles. And I'm Anna Helhosky. And this is our weekly money news roundup, where we break down the latest in the world of finance to help you be smarter with your money. We'll go deep into a single topic, then leave you with the latest money headlines. Today, we're talking about prediction markets. These are companies like PredictIt and Kalshi.

We're going to talk about what they are, how they work, and how the election has raised their profile. Joining us is Sam Taub, the writer of the Nerdy Investor email newsletter. Sam, thanks for joining us again. Happy to be here.

We're going to talk about what they are, how they work, and how the election has raised their profile. Joining us is Sam Taub, the writer of the Nerdy Investor email newsletter. Sam, thanks for joining us again. Happy to be here.

We're going to talk about what they are, how they work, and how the election has raised their profile. Joining us is Sam Taub, the writer of the Nerdy Investor email newsletter. Sam, thanks for joining us again. Happy to be here.

All right, Sam. Honestly, this sounds a little bit like gambling, and some listeners might be surprised to hear that you are allowed to bet on elections. That's legal?

All right, Sam. Honestly, this sounds a little bit like gambling, and some listeners might be surprised to hear that you are allowed to bet on elections. That's legal?

All right, Sam. Honestly, this sounds a little bit like gambling, and some listeners might be surprised to hear that you are allowed to bet on elections. That's legal?

So it's vindication. What does Trump's victory mean for the regulation of these things? You mentioned that's an ongoing issue as well.

So it's vindication. What does Trump's victory mean for the regulation of these things? You mentioned that's an ongoing issue as well.

So it's vindication. What does Trump's victory mean for the regulation of these things? You mentioned that's an ongoing issue as well.

Just like when you walk into a casino in Vegas.

Just like when you walk into a casino in Vegas.

Just like when you walk into a casino in Vegas.

We should also mention that if you feel you have a gambling problem, there are resources available to help. The National Council on Problem Gambling offers a phone helpline at 1-800-GAMBLER. That's 800-426-2537. As well as text message help at 800-GAM. And also an online chat to help on its website.

We should also mention that if you feel you have a gambling problem, there are resources available to help. The National Council on Problem Gambling offers a phone helpline at 1-800-GAMBLER. That's 800-426-2537. As well as text message help at 800-GAM. And also an online chat to help on its website.

We should also mention that if you feel you have a gambling problem, there are resources available to help. The National Council on Problem Gambling offers a phone helpline at 1-800-GAMBLER. That's 800-426-2537. As well as text message help at 800-GAM. And also an online chat to help on its website.

Go ahead and subscribe to that. Up next, we've got a few money headlines from the last few days. Well, Ana, the Labor Department reported on the latest inflation figures, and hey, guess what happened? What? Not much. The Consumer Price Index ticked up two-tenths of a percent in October. Prices were up 2.6% over the same time a year ago. That was higher than the 2.4% rise in September.

Go ahead and subscribe to that. Up next, we've got a few money headlines from the last few days. Well, Ana, the Labor Department reported on the latest inflation figures, and hey, guess what happened? What? Not much. The Consumer Price Index ticked up two-tenths of a percent in October. Prices were up 2.6% over the same time a year ago. That was higher than the 2.4% rise in September.