DiscoverMarketplace Morning ReportA novel investing tool or outright gambling?
A novel investing tool or outright gambling?

A novel investing tool or outright gambling?

Update: 2024-10-29
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The online trading platform Robinhood has started allowing its customers to bet on who will the the election. While its not the first to do so, it is among the first in the U.S. to jump into a new kind of financial instrument called “event contracts.” But it’s not without controversy. We’ll explain. Plus, home price increases appear to be slowing, and companies aim to make some green off of matcha’s popularity.

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A novel investing tool or outright gambling?

A novel investing tool or outright gambling?

Marketplace / David Brancaccio and Leanna Byrne