Latest information — take this for class (6)
I believe the answer is:
sphere
'this for class' is the definition.
(thesaurus)
'latest information take' is the wordplay.
'latest information' becomes 'SP' (starting price in betting).
'take' becomes 'here' (I've seen this in other clues).
'sp'+'here'='SPHERE'
(Other definitions for sphere that I've seen before include "Province - range" , "Globe or ball" , "Social circle" , "Particular environment or walk of life" , "Ball shape" .)