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News
44 states are aligned on one thing in their fight against prediction markets. It's about sports wagering
1+ hour, 9+ min 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…...
As prediction markets boom, questions arise over who will be the watchdog
1+ week, 5+ day 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+ week, 5+ 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…...
Executive Edge: Three egg companies agree to settle market manipulation allegations
3+ week, 6+ day ago (23+ words) CNBC Executive Edge: Three egg companies agree to settle market manipulation allegations...
CFTC sues Kentucky over actions against prediction markets, making it first red state to face federal scrutiny
1+ mon, 4+ day 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…...
Arizona Supreme Court denies prosecutor appeal against sending fake elector case back to grand jury
1+ mon, 3+ week ago (505+ words) The Arizona Supreme Court has denied a prosecutor's appeal of an order that the state's fake elector case against President Donald Trump's former chief of staff Mark Meadows, former New York City Mayor Rudy Giuliani and others over the 2020 presidential…...
Prediction markets are fueling a high-stakes brawl between states and federal regulators
2+ mon, 1+ 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…...
Short seller alleges ‘aggressive’ accounting techniques by Ottobock
2+ mon, 1+ week ago (17+ words) CNBC Short seller alleges âaggressiveâ accounting techniques by Ottobock...
American tests positive for hantavirus: Here's what to know
2+ mon, 2+ week ago (19+ words) CNBC American tests positive for hantavirus: Here's what to know...
Savannah Guthrie offers $1 million reward for missing mother
5+ mon, 4+ day ago (138+ words) Savannah Guthrie in an emotional Instagram post on Tuesday morning said that her family was offering a reward of up to $1 million for "any information" that would lead to the recovery of her missing mother, Nancy Guthrie, who vanished from…...