Prediction market platform Kalshi is surging so much, that it's prompted something of an arms race: Robinhood, Coinbase, FanDuel, and DraftKings have all announced rival services in a bid to tap into prediction market mania.
But the long-term outlook for this nascent industry could hinge on how a series of legal battles define a single word: Gaming.
Don't miss: Backdoor Roth vs Taxable Investing for High Earners
Once known as junk bonds, the high-yield bond market has gotten a lot safer. This market is home to debt issued by borrowers with lower relative credit quality and a higher relative risk of default, and it was long among the riskiest corners of the fixed-income universe.
What began as a largely self-funded capex cycle is quickly becoming a financing event. In the final three months of 2025 alone, Oracle, Meta, Google, and Amazon issued roughly $90 billion in bonds.
Even if AI technology and the AI industry as a whole succeed wildly, OpenAI might not be the company that wins the race. That could leave a lot of investors holding the bag. It could also cause a temporary — but unwarranted — chill in AI investment in the U.S., allowing Chinese companies to take the lead.
AI has huge potential to unlock medical insights and widen access to care. But when it comes to your fitness tracker and some health records, the new Dr. ChatGPT seems to be winging it, according to Washington Post writer Geoffrey A. Fowler. That fits a disturbing trend: AI companies launching products that are broken, fail to deliver, or are even dangerous. It should go without saying that people's health actually matters.
United Parcel Service on Tuesday announced that it was planning to eliminate an additional 30,000 jobs this year as part of winding down its partnership with Amazon and a multiyear turnaround plan.
Silver and gold plummeted on Friday. Stocks also pulled back sharply. Gold dropped 12% while silver plunged 30%, as traders reacted to the announcement of Fed chief nominee, Kevin Warsh.
Also read: Financial Planning for Dual-Physician Households
The escalation of ICE activity in Minnesota is disrupting care at hospitals and clinics that already were navigating shifting legal standards on immigration enforcement in their facilities. Health workers say many patients aren't coming in for necessary care out of fear they'll be detained by federal agents.
Health costs are their top financial worry for many consumers, ahead of their ability to pay for other household necessities like utilities, food, housing and transportation, according to a new KFF poll.
How do changing economic priorities affect trade between the U.S. and the rest of the world?
What's important isn't what you do as much as how you do it. Because how you show up in your work bleeds into every other part of your life. I know it's cliche, but the saying is true—how you do one thing is how you do everything. So, how do you change the way you work to increase quality?
One of the reasons retirement can be such a challenge for some people is because it's still a relatively new concept. Up until the 20th century or so the retirement plan for the majority of the population was you worked until you died. Working longer can have its benefits, even when you're financially independent.
Now is a great time for anyone who's shopping for a used car to consider an electric vehicle, according to new research from the University of Michigan. In assessing the lifetime ownership costs of used vehicles with different body styles and powertrains, the researchers found that completely electrified candidates offered the greatest savings.
Baby, It's Cold Outside—But Your Retirement Plan Shouldn't Be Frozen
They're already calling it the “Winter of '26.” If you're anywhere in the continental US, you've probably felt it—record lows, burst pipes, and enough snow days to make you question your life choices. But while you're bundled up waiting for the thaw, don't let your retirement planning go into hibernation. Critical rules changed this month, and the window to act is open.
We just wrapped up our “Your 2026 Action Plan” webinar with Earned, and the response was incredible. So many great questions—clearly, physicians are hungry for clarity on what's changed and what to do about it.
Here are the key takeaways:
The Roth catch-up rule is now live. If you're 50 or older and earned over $150,000 last year, your catch-up contributions must be Roth. No more upfront tax deduction on that $8,000. And if your plan doesn't offer a Roth option? You can't make catch-up contributions at all. One conversation with HR could be the most valuable 30 minutes you spend this month.
Ages 60-63? You have a special window. The “super catch-up” lets you contribute up to $11,250—but only if your employer has adopted it. Check now. This opportunity disappears at 64.
Prioritize by deadline. When everything feels like it's changing at once, start with what expires. Retirement contributions have annual limits—miss them and they're gone. Tax positioning comes second. Investment tweaks? Markets don't care about your calendar.
Feeling behind? Automate first. The biggest predictor of retirement success isn't perfect fund selection—it's consistent saving. Increase your automatic contributions by even 1-2% before optimizing anything else. Progress beats perfection.
In Case You Missed It
Watch the full replay of “Your 2026 Action Plan: Tax, Investing & Retirement Moves Physicians Can't Afford to Delay”—we covered the new tax rules, Roth strategies, and how to coordinate it all.
Your Challenge This Week
In the next 7 days, do one thing: confirm your retirement plan offers Roth contributions and verify your 2026 elections are set correctly. That single action could be worth thousands—even if you have to do it wrapped in a blanket.
Stay warm out there.
Keep the fire burning,
Jorge Sanchez, MD
Physician on FIRE
