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The Philippines Spent Big on Flood Control, but the Water Keeps Rising

Many Filipinos say floods are worse than ever — and now, the government has admitted that vast sums were embezzled from a program meant...
HomeBusinessKalshi, a Prediction Market, Raises $1 Billion in New Round

Kalshi, a Prediction Market, Raises $1 Billion in New Round

The fund-raising effort, the company’s third this year, values it at $11 billion, and comes amid stiff competition in the increasingly popular industry.