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News
Executive Edge: Three egg companies agree to settle market manipulation allegations
2+ mon, 1+ week ago (23+ words) CNBC Executive Edge: Three egg companies agree to settle market manipulation allegations...
Prediction markets are fueling a high-stakes brawl between states and federal regulators
3+ mon, 3+ week ago (843+ words) As prediction markets' volumes grow at a ruthless pace, their businesses are being challenged by states across the country. The federal government is fighting a multifront battle to stop them and assert their regulatory authority. Sixteen states are involved in…...
As prediction markets boom, questions arise over who will be the watchdog
1+ mon, 3+ week ago (1314+ words) The Commodity Futures Trading Commission has been the lead regulator on event contract exchanges for over 30 years after it issued a 1992 ruling on the Iowa Electronic Markets, widely recognized as the first prediction market. Now, as prediction markets are booming,…...
Arizona is No. 14 on Top States for Business 2026
2+ mon, 3+ day ago (69+ words) Governor: Katie Hobbs, Democrat GDP growth (Q1 2026): 1.40% Unemployment rate (May 2026): 4.80% Top corporate tax rate: 4.90% Top individual income tax rate: 2.50% Gasoline tax: 37.40 cents/gallon Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American…...
44 states are aligned on one thing in their fight against prediction markets. It's about sports wagering
1+ mon, 2+ week ago (550+ words) A coalition of 44 state attorneys general wrote in a letter to the Commodity Futures Trading Commission on Monday that the agency doesn't have the power to regulate sports-related event contracts on prediction market platforms. The letter was sent as the…...
World’s largest contract chipmaker TSMC sees August revenue surge over 53% to record high
2+ day, 23+ hour ago (262+ words) Taiwan Semiconductor Manufacturing Co. reported record monthly revenue for August on Thursday, as demand for chips used in artificial intelligence applications remained strong. The world's largest contract chipmaker posted revenue of $514.8 billion New Taiwan dollars for August, up 53.3% from a…...
'Nobody wants it': Lettuce prices see record-setting plunge as cyclospora spooks consumers
1+ mon, 11+ hour ago (564+ words) Lettuce prices cratered in July as the multistate cyclospora outbreak pushed diners to shun the leafy green. Prices for the vegetable tumbled 16.4% from June, the largest one-month decline on record, according to seasonally adjusted data released Wednesday by the Bureau…...
CFTC sues Kentucky over actions against prediction markets, making it first red state to face federal scrutiny
2+ mon, 2+ week ago (288+ words) The Commodity Futures Trading Commission said Tuesday that it's filing suit against Kentucky. The action comes after the state sued prediction market platforms Kalshi and Polymarket, asserting the companies were operating illegal gambling platforms. Kentucky is the ninth state the…...
American tests positive for hantavirus: Here's what to know
4+ mon, 1+ day ago (19+ words) CNBC American tests positive for hantavirus: Here's what to know...
Short seller alleges ‘aggressive’ accounting techniques by Ottobock
3+ mon, 3+ week ago (17+ words) CNBC Short seller alleges âaggressiveâ accounting techniques by Ottobock...