Axios

Suddenly popular prediction markets, flush with new users from the U.S. presidential election, believe they can keep the momentum going with new intriguing markets.

Why it matters: The idea of gleaning wisdom from the betting crowd through giant markets of bettors got a major boost on election night, but presidential races come only once every four years.

It's becoming Wall Street's quarterly pulse check on the AI economy: Nvidia's earnings report is on deck tomorrow afternoon.

Why it matters: The chipmaker has become a proxy for the status of the budding AI economy, providing direct insights into how much tech giants are spending and whether a bubble is brewing.

President-elect Trump chose billionaire Howard Lutnick to serve as Commerce secretary and lead the push for a sweeping program of tariffs.

Why it matters: The Commerce Department will have a key role in implementing Trump's trade agenda — and Lutnick has been a vocal supporter.

Options on bitcoin ETFs look likely to start trading this week.

Why it matters: Typically, options markets have the potential to be larger than the market for the underlying asset the options are based on.

The latest: CoinDesk reported yesterday that options trading on BlackRock's IBIT instrument — the largest bitcoin ETF — should begin on the New York Stock Exchange today.

• Options on other ETFs should begin soon.

Zoom out: Options have long been viewed as an important tool for drawing more institutional traders to bitcoin ETFs.

• They're used by funds both to help enhance returns and to manage portfolio risk.

The Justice Department will ask a judge to require that Google divest its Chrome browser, according to Bloomberg.

Why it matters: This could be the first big test of tech antitrust policy under Trump 2.0.

Official economic data shows the bedrock of the economy — the American consumer — is strong. Anecdotes from the nation's largest retailer back that up and suggest the good times will continue into the holiday season.

Why it matters: Fears of a potential recession sparked by sluggish consumer spending looked like a head fake. Robust shopping continues to underpin robust growth.

A record 80 million Americans are expected to travel for Thanksgiving this year, according to AAA projections.

The big picture: That's an increase of 1.7 million people from last year's record-shattering figure.

The price of a banana has remained relatively stable in recent years, despite inflation. The price of a banana taped to a wall, however, has skyrocketed.

Why it matters: On Wednesday Sotheby's will auction a conceptual artwork of a banana duct-taped to a wall, with an estimated price of $1 million to $1.5 million, more than eight times its original sale price.

Trump 2.0's Transportation Department probably won't share Biden officials' focus on EVs, mass transit and other climate-related efforts.

Catch up quick: Trump will nominate Fox Business host and former Wisconsin GOP House member Sean Duffy for the post.

The share of unbanked Americans is at a record low, per a new survey from the FDIC.

Why it matters: It's a positive economic sign and a signal of a strong labor market.

President-elect Trump's vow to deport millions of undocumented immigrants could eliminate workers from U.S. industries already projected to face shortages and cut up to 6.8% of the national gross domestic product.

The big picture: While undocumented laborers make up a relatively small percentage of the total U.S. workforce, they have outsized roles in fields like construction, agriculture and hospitality.

Former Rep. Sean Duffy (R-Wis.) was tapped by President-elect Trump on Monday to serve as Secretary of Transportation.

Why it matters: If confirmed, the Fox News contributor and former reality star will be tasked with handling the nation's air, rail and supply-chain issues.