From prediction markets to GameStop lawsuits — 4 stories we're reading this week

Jim Royal, Bankrate's investing and wealth management reporter, recaps the top four stories that caught his eye this week.

From prediction markets to GameStop lawsuits — 4 stories we're reading this week


    Meet Jim

    James F. Royal, Ph.D., is a senior reporter for investing at Bankrate, and has been investing in the stock market for more than two decades. Royal is the author of The Zen of Thrift Conversions, and holds a doctorate from the University of Florida.

    James Royal

    James Royal - James Royal

    James Royal is a reporter covering investing and wealth management. Before joining Bankrate, he worked as a writer for NerdWallet and a stock analyst …

    this trading platform will now let you wager based on yes-or-no questions

    Prediction markets are fascinating things, and this trading platform lets investors wager on yes-or-no prop bets. While they’re similar in some ways to binary options (which is pure gambling with a daily win/loss), this kind of market can help surface informed belief on relevant questions or concerns.

    The GameStop fallout continues with lawsuits

    The fallout from the GameStop short squeeze continues, and it’s fascinating to watch those who lost money on the trade try to get even with those who (ostensibly) made money on it. It’s a reminder that if you’re trading on your own account, you’re responsible for your decisions.

    Thinking about relocating? These cities will pay you to move

    If you’re a remote worker, you may be able to take advantage of some programs that are trying to entice you to move to a city. These are especially valuable if you already wanted to move there anyway (part of the reason they’re poor public policy).

    How Biden's tax plan could affect you

    Here’s what to watch out for in Biden’s new tax plan, including tax credits (and who gets them) and tax hikes. Good reporting from Bankrate’s Sarah Foster.

    Stay updated on the latest