Polymarket is hiring new team members to form an in-house market-making team that could trade with clients on the company's trading platform, even though similar features have drawn criticism from its main rivals. According to sources, the company has recently held talks with a number of traders, including sports betting traders, to invite them to join the new unit. Polymarket declined to comment.
On November 8th, local time on November 7th, the US Senate failed to pass the motion to advance the "Specific Federal Employee Appropriations Act" (S.3012) by a vote of 53 to 43, falling short of the 60-vote threshold required for passage. The bill aims to provide funding for some federal employees who still need to perform their duties during the forced shutdown to ease the impact of the government shutdown. Although some lawmakers called for the restoration of funding for key departments as so...
Three weeks after the US government shutdown, the Labor Department temporarily recalled employees to "rescue" the CPI, which not only allowed the market to finally move forward without "touching the dark", but also raised concerns about the accuracy of the data. Click to view...
The email shows that the Securities Exchange Commission (SEC) has informed employees to prepare for a possible shutdown at midnight.
According to the Congressional Budget Office (CBO), 750,000 employees could be furloughed each day during the shutdown.
US President Trump: If there is a government shutdown, a large number of employees may be fired. (Jin Ten)
According to sources, ByteDance's new round of employee share buybacks will value the company at more than $330 billion, up from $315 billion in the previous round. ByteDance's second-quarter revenue rose 25% to about $48 billion. ByteDance's TikTok U.S. business remains lossmaking.
According to the New York Times, the IRS will begin laying off about 6,000 employees on Thursday.
According to CNBC, OpenAI CEO Sam Altman told employees that the board has not yet seen any official information from Musk.
BlackRock (BLK. N), which expanded its business in private-market assets and data last year with acquisitions worth more than $25 billion, has told its employees it will cut about 1 percent of its workforce. BlackRock president Rob Kapito and chief operating officer Rob Goldstein told employees in a memo on Wednesday that they plan to realign resources with strategy through layoffs and other measures. The company has more than 21,000 employees, meaning about 200 people will be affected.