DraftKings stock jumped ahead of the open Monday following a report that lawmakers are seeking to ban sports bets from prediction markets.
1 minute read
Regulators issue long-awaited guidance that is a stark reversal from the previous administration’s approach to regulating digital assets.
Long Read
Major League Baseball is the latest sports league to partner with a prediction market.
2 minute read
Eijroghene Okuma, who has already been barred by regulators from the industry, allegedly used the stolen funds to build a multimillion-dollar home near Atlanta, among other expenses.
2 minute read
U.S. lawmakers have introduced five separate bills related to prediction markets. Legal experts say the reforms are unlikely to work.
4 minute read
Now advisor recommendations for handling one-time 401(k) rollovers won’t be subject to a fiduciary standard.
4 minute read
Oil price surged to $108 after Iran reports explosions at the world’s largest gas field. Iran has threatened to respond.
3 minute read
The SEC and the president want to end the requirement for public companies to report quarterly earnings. Barron’s asked select experts to assess the idea.
Long Read
The Trump administration has waived the century-old Jones Act—a maritime law that requires all vessels carrying goods between two U.S. ports to be American built and owned.
4 minute read
Trump expresses frustration with NATO allies, what happens if Warsh’s Fed confirmation is delayed, airlines face higher fuel costs, and more news to start your day.
Long Read
Oklo says it is targeting the commercial production of nuclear power by 2028 at the latest.
3 minute read
Margaret Ryan joined the agency with a directive to emphasize cases where there was direct evidence of investor harm.
3 minute read
The housing bill is meant, in part, to prevent institutional investors from buying up homes. Critics say a loophole allows them to continue doing just that.
Long Read
The world’s largest bank is trying to get a handle on the fast-growing world of prediction markets, where regulation is still taking shape.
3 minute read
The Trump administration greenlights Sable Offshore’s efforts to restart a pipeline system off the California coast.
3 minute read
Wedbush analyst Henry Coffey reduced his 12-month price targets for Fannie Mae and Freddie Mac stocks, but maintained his Outperform rating.
3 minute read
Eileen Cure says she didn’t know about the arbitration hearing and has hired a new lawyer to contest the award.
2 minute read
The Senate passed the 21st Century ROAD to Housing Act. All the buzz was about large investors, but there are other big provisions, too.
3 minute read
The effort seeks to harmonize regulatory oversight in areas such as crypto between two agencies often at odds with one another.
2 minute read
The bill would ban many institutional investors from buying and renting out single-family homes.
2 minute read
An advisory letter is the regulator’s first comprehensive guidance to prediction markets on sports-related trades.
Long Read
Trump plans to invoke the Defense Production Act to assert federal regulatory control over the project, Bloomberg reported.
1 minute read
Aetna paid a $117.7 million settlement over allegations it submitted inaccurate diagnosis code to inflate Medicare payments.
1 minute read
Monthly trading volume on Kalshi hit $10.4 billion in February, a record for the company, and the firm is set to outperform that number this month.
3 minute read
One proposal will offer concepts for air taxis in the New England market.
2 minute read