Friday links: sticking to the rules

Prediction marketsKalshi is launching the American (political) Power Index. (axios.com)Kalshi and Coinbase ($COIN) are now offering perpetual futures. (cnbc.com)On the state of insider trading on prediction markets. (bloomberg.com)AIAnthropic has run past OpenAI, valuation-wise. (pitchbook.com)Inference-focused companies are generating revenues and investor interest. (newcomer.co)Companies are coming to terms with their spending on tokens. (wsj.com)HousingNew Zealand home prices are down some 16% from their peak. (bloomberg.com)Housing is a resource like any other for the economy. (buttondown.com)EconomyLooking for evidence that AI is taking jobs. (apollo.com)Eight measures of U.S. prices. (econbrowser.com)The crackdown on immigration is pushing population growth toward 0%. (axios.com)Earlier on Abnormal ReturnsWhat you missed in our Thursday linkfest. (abnormalreturns.com)Longform links: moving the algorithm. (abnormalreturns.com)Don't miss a thing! Sign up for our daily e-mail new