Charles Schwab CEO Rick Wurster stated that prediction markets related to macroeconomic and financial outcomes can provide investors with signals about event probabilities and may be used to hedge risks like inflation and employment. In the future, Charles Schwab might present related probability data to clients but will not directly offer event trading. He also explicitly opposed sports betting, saying it does not align with the company's investor-focused positioning. (The Block) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=56269