Category: Markets

The Fed’s Beige Book: World Cup 2026 raised hotel occupancy and bar sales in host cities, but rising oil prices and lower cross-border travel capped broader consumer spending.

Kalshi traders price a ~93% chance U.S. gas exceeds $4/gal by month-end as WTI and Brent edge higher amid renewed U.S.–Iran strikes; AAA verifies outcome.

Kalshi contracts sharply raised odds that U.S. gas will exceed $4 by month‑end as WTI and Brent rise following renewed U.S.-Iran strikes, per CNBC reports.

The Fed’s Beige Book finds localized World Cup gains for bars and hotels, but broader consumer spending softened as visitors and locals cut discretionary purchases.