financial health
Coverage of financial health in the Nexus archive.
- Sports betting takes a financial toll
A study shows sports betting worsens financial health by reducing savings and increasing debt, with bets crowding out investments in housing and retirement. Betting platforms like Kalshi and Polymarket saw trading volumes surge from $2 billion to $50 billion between early 2025 and June, correlating with rising consumer-loan delinquencies and decreased stock investment. Billionaire John Arnold has called for political action to address the issue.
- Long-term unemployment is surging in the U.S. There are hidden costs for workers and the economy
Long-term unemployment is increasing in the U.S., with hidden costs affecting workers and the economy. The issue has lasting impacts on financial, emotional, and family health even after individuals return to work.
- Nvidia spent $18.6 billion on venture investments in 3 months. Where does the cash trail go?
Nvidia invested $18.6 billion in venture investments over a 3-month period, revealing a significant and growing asset class on its balance sheet. The investment strategy demonstrates how closely interconnected Nvidia's future financial performance is with the health and success of its business partners and ecosystem.