10 Friday AM Reads
This week's reads cover a transition at the Federal Reserve, concerns over prediction markets and national security, declining enthusiasm at the Bitcoin 2026 conference, and disparities in mall performance despite proximity. Advances in electric vehicles and promising new pancreatic cancer treatments offer optimism, while debates continue over AI risks, tech in education, and unusual trends in consumer and sports behavior. The role of AI in the workforce is also highlighted, with nearly a quarter of global jobs potentially exposed to automation.
Opening excerpt (first ~120 words) tap to expand
10 Friday AM Reads May 1, 2026 6:30am by Barry Ritholtz My end-of-week morning train WFH reads: • ‘Thoughts and prayers’: The minefield that awaits Kevin Warsh at the Fed: Jerome Powell likely presided over his final rate-setting meeting as chair on Wednesday, ending a turbulent period as central bank chief. (Politico) • More than half of all Polymarket “long shot” bets on military action pay off: High rate of winning wagers likely to add to concerns that sensitive information can leak on prediction markets. (Financial Times) see also Most Prediction Market Traders Are Losing Money While Bots Rack Up Gains: An analysis of how retail traders fare against algorithmic players on prediction markets.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Big Picture.