Results for “markets in everything” 1899 found
Prediction markets in everything? Tariff refund edition
Oppenheimer changed its terms from offers earlier this year. The firm said it would consider bids starting at 20 percent per refund claim pertaining to “reciprocal” or IEEPA tariffs and 10 percent for tariffs tied to fentanyl.
Gabriel Rodriguez, the president and co-founder of A Customs Brokerage, in Doral, Fla., and a recipient of several emails from Oppenheimer, said he believed Oppenheimer was offering to pay the equivalent of 80 cents on the dollar per claim.
Here is more from the NYT, via Amy.
Markets in everything
A new app offering to record your phone calls and pay you for the audio so it can sell the data to AI companies is, unbelievably, the No. 2 app in Apple’s U.S. App Store’s Social Networking section.
The app, Neon Mobile, pitches itself as a moneymaking tool offering “hundreds or even thousands of dollars per year” for access to your audio conversations.
Neon’s website says the company pays 30¢ per minute when you call other Neon users and up to $30 per day maximum for making calls to anyone else. The app also pays for referrals. The app first ranked No. 476 in the Social Networking category of the U.S. App Store on September 18 but jumped to No. 10 at the end of yesterday, according to data from app intelligence firm Appfigures.
On Wednesday, Neon was spotted in the No. 2 position on the iPhone’s top free charts for social apps…
However, Neon’s marketing claims to only record your side of the call unless it’s with another Neon user.
Here is the full story, via Mark.
Markets in everything, Indian fake wedding edition
What comes to mind when you think of a big fat Indian wedding?
Dazzling lights, glittering outfits, Bollywood hits, a lavish spread of food and an atmosphere soaked in celebration. Everything feels extravagant, emotional and larger than life.
Now imagine all of that without the bride and groom. No pheras (a Hindu marriage ritual where the couple takes seven rounds around a sacred fire), no relatives, no tearful farewells. Just the party.
Welcome to the world of fake weddings – a rising trend in Indian cities where people gather to enjoy the wedding party, minus the actual marriage.
These ticketed events, organised by hotels, clubs and companies, are designed purely for fun and promise to offer the full experience of a wedding party without any stress, rituals or responsibilities. Simply put, it’s a wedding-themed party night…
Ticket prices typically start at around 1,500 rupees ($17; £13) and can go up to 15,000 rupees or more, depending on the venue and facilities. Shivangi and her friends paid 10,000 rupees per couple to attend.
Here is more from the BBC, and thanks to Rich Dewey for the pointer.
Indonesia monkey markets in everything
At a cliff-side temple on the tropical island of Bali, an unexpected group of criminals is running one of the world’s most sophisticated scam operations.
Every week, they steal dozens of phones, wallets and other valuables from tourists in broad daylight and exchange them for handsome rewards. It’s been going on for decades and nobody’s been able to stop it.
The culprits? Long-tailed macaques.
“The monkeys have taken over the temple,” said Jonathan Hammé, a tourist from London whose sunglasses were stolen by a monkey during a visit last year. “They’re running a scam.”
Here is more from the WSJ.
Markets in everything, bet on tariff repeal edition
Cantor Fitzgerald, a financial services company led by the sons of US Commerce Secretary Howard Lutnick, has offered to buy the right to hundreds of millions of dollars in potential refunds from companies that have paid Trump’s tariffs.
The offer means that the sons of the pro-tariff commerce secretary, Kyle and Brandon, have made a way for investors to bet that President Donald Trump’s signature tariffs will be struck down in court.
Here is the full story.
Markets in everything
At Cloudflare, we started from a simple principle: we wanted content creators to have control over who accesses their work. If a creator wants to block all AI crawlers from their content, they should be able to do so. If a creator wants to allow some or all AI crawlers full access to their content for free, they should be able to do that, too. Creators should be in the driver’s seat.
After hundreds of conversations with news organizations, publishers, and large-scale social media platforms, we heard a consistent desire for a third path: They’d like to allow AI crawlers to access their content, but they’d like to get compensated. Currently, that requires knowing the right individual and striking a one-off deal, which is an insurmountable challenge if you don’t have scale and leverage…
We believe your choice need not be binary — there should be a third, more nuanced option: You can charge for access. Instead of a blanket block or uncompensated open access, we want to empower content owners to monetize their content at Internet scale.
We’re excited to help dust off a mostly forgotten piece of the web: HTTP response code 402…
Pay per crawl, in private beta, is our first experiment in this area.
Here is the full post. I suppose over time, if this persists, it is the AIs bargaining back with you?
Markets in everything those new service sector jobs
Witchcraft and spellwork have become an online cottage industry. Faced with economic uncertainty and vapid dating apps, some people are putting their beliefs—and disposable income—into love spells, career charms and spirit cleansers.
Etsy, an online marketplace for crafts and vintage, has long been home to psychics and mystics, but the platform has enjoyed new callouts from TikTokers as a destination for witchcraft.
The concept of hiring an Etsy witch hit a fever pitch when influencer Jaz Smith told her TikTok followers that she had paid one to make sure the weather was perfect during her Memorial Day Weekend wedding. The blue skies and warm temperature have inspired TikTok audiences to find Etsy witches of their own. Smith didn’t respond to requests for comment.
Rohit Thawani, a creative director in Los Angeles, said Smith was his inspiration for paying an Etsy witch $8.48 to cast a spell on the New York Knicks ahead of Game 5 of the Eastern Conference finals in May.
Thawani found a witch offering discount codes. Thawani was half-kidding about the transaction but was amazed when the Knicks won. “Maybe there’s something more cosmic out there,” Thawani, 43, said.
Thawani bought a second spell ($21.18) from the Etsy witch for Game 6, but the Knicks lost. He doesn’t rule out the possibility that Indiana Pacers fans “used their devil magic,” he joked.
Magic practitioners sell on Instagram, Shopify and TikTok, but most customers say Etsy is their go-to.
The shop MariahSpells has over 4,000 sales on Etsy and 4.9 stars and sells a permanent protection spell for about $200. Another shop, Spells by Carlton, has over 44,000 sales and lists a “bring your ex lover back” spell for about $7.
Here is more from the WSJ, via the excellent Samir Varma.
China markets in everything
But in the country’s large cities, spaces that offer the solution have begun to spring up: companies that allow people to pretend to work.
For a daily fee of between 30 and 50 yuan ($4-$7), these companies offer desks, Wi-Fi, coffee, lunch, and an atmosphere that mimics any work environment. According to a report in Beijing Youth Daily, although there are no contracts or bosses, some firms simulate them: fictitious tasks are assigned and supervisory rounds are even organized. For a fee, the theatricality can reach unimaginable levels, from pretending to be a manager with his own office to staging episodes of rebellion against a superior.
Zonghua is Cantonese and prefers not to give her real name. Tired of traveling and the pressures of the financial world, she resigned from her position in the spring of 2024, she tells this newspaper via a local social media platform. “I was looking for a more stable life,” she writes. But she doesn’t dare tell her family the truth. At first, she went to libraries, but for the past few months, she has been paying a monthly fee of 400 yuan ($55) for a comfortable space to spend the day; it’s much cheaper than spending hours in a cafe. Zonghua doesn’t know how much longer this situation will last, as, for now, she’s not having any “success” with her applications.
Here is the full story, not unrelated to UBI debates either. Via R.
Houston alligator kill markets in everything
In Houston, where custom boots are a source of great pride and style, one local brand is taking the bespoke boot experience to a new level. Republic Boot Company, known for its elevated, hand-crafted creations, just launched a Gator Hunt Experiencewhere customers can source an alligator hide, which will be transformed into a pair of cowboy boots.
Part adventure and part traditional craftsmanship, the experience begins with a hunt in the marshlands near Anahuac, about an hour from Houston, and ends with a custom-made pair of alligator-skin cowboy boots tailored to the client’s vision by a Republic Boot Company boot specialist.
Here is the full story. Note that it costs more for a larger alligator.
Betting markets in everything
Polymarket, on the chances of a nuclear weapon being used in 2025. Currently at 17. Here is further analysis from o3.
Markets in everything
Creative powerhouse VML, genomic innovators The Organoid Company, and sustainable biotechnology firm Lab-Grown Leather have joined forces to develop the world’s first T-Rex leather made using the extinct creature’s DNA…
“This project is a remarkable example of how we can harness cutting-edge genome and protein engineering to create entirely new materials. By reconstructing and optimizing ancient protein sequences, we can design T. Rex leather, a biomaterial inspired by prehistoric biology, and clone it into a custom-engineered cell line,” said Thomas Mitchell, CEO of The Organoid Company…
While it was previously believed that dinosaur DNA wouldn’t survive for millions of years, recent discoveries have found collagen preserved in various dinosaur fossils, including an 80-million-year-old T Rex.
Last year, MIT researchers decoded how the dinosaur collagen survived for so long. Interestingly, they discovered a specific atomic mechanism that shields collagen from water’s damaging effects.
In this new work, the T-rex-based leather material creation method differs from plant-based or synthetic alternatives by focusing on growing biological structures in a lab. This bio-fabrication process directly cultivates leather-like tissue from cells.
The process of creating T-Rex leather uses fossilized dinosaur collagen as a template. Using this, the team will generate a complete collagen sequence for the T-Rex to cultivate new skin.
The collagen sequence will be translated into DNA and introduced into Lab-Grown Leather’s cells.
Here is the full story, via Mike Doherty. The actual product might be ready by the end of the year, at what price I do not know.
Markets in everything
- Authorities alleged Vong essentially rented out his U.S. identity to developers based in China who used it to get more than a dozen remote tech jobs, some of which involved contract work for sensitive government agencies.
A 40-year-old Maryland man is facing decades in prison after he allegedly worked with foreign nationals in China to get remote work IT jobs with at least 13 different U.S. companies between 2021 and 2024. The jobs paid him more than $970,000 in salary for software development tasks that were actually performed by operatives authorities allege are North Korean and working out of a post in Shenyang, China, according to the Department of Justice.
Here is the full story, via William.
Political markets in everything, Steak ‘n Shake edition
Check it out here.
Markets in everything?
Senior U.S. Officials, including National Security Advisor Mike Waltz, are reporting that the United States and Ukraine are on the verge of signing an “Improved” Mineral Deal and Partnership. According to the New York Times, who has read the Document, the Deal calls for Ukraine to relinquish Half of its Revenues from Natural Resources, including Minerals, Gas and Oil, as well as Earnings from Ports and other Infrastructure, without any kind of U.S. Defense or Security Guarantees. The Revenue from Ukraine’s Natural Resources will be directed to a Fund in which the U.S. holds 100% Financial Interest, and that Ukraine should contribute to until it reaches $500 Billion; while stating that for any additional Military Assistance provided by the United States, Ukraine will be required to contribute to the Fund a sum equal to twice the amount provided to Ukraine. As stated previously, the Deal does not contain any Security or Defensive Guarantees by the United States to Ukraine, but does state that the U.S. intends to provide a “Long-Term Financial Commitment to help Ukraine develop Economically.”
Link here, and more speculatively:
BREAKING: The President of Congo just offered the United States ownership of his country’s minerals to entice President Trump to put an end to the war backed by Rwanda. Congo holds more than half the world’s Cobalt and Colton. They also have substantial deposits of Gold, Copper, Tin, Lithium, etc. China currently has a considerable influence in Congo’s mineral sector, and before them, it was the Europeans.
Equilibria will be solved for.
I wonder if he enjoyed our Markets in Everything series?
Now he is in it:
A former senior adviser to the Federal Reserve Board of Governors was arrested Friday and accused of leaking inside information from the Fed to the Chinese government over a period of several years, at one point receiving a $450,000 payment, and then lying about it to Fed investigators.
After leaving the Fed, Rogers moved his family to Shanghai and began working as a professor at Fudan University, according to comments he made to the EconVue podcast last year and posted in online biographies.
Here is the full story.