Prediction Markets Should Be Regulated as Gambling, Appeals Court Says
The outcome contradicted an earlier appeals court decision. Federal regulators said the split rulings called for resolution by the Supreme Court.
The outcome contradicted an earlier appeals court decision. Federal regulators said the split rulings called for resolution by the Supreme Court.
The Trump administration has been pushing U.S. oil companies like Chevron to invest more in Venezuela’s oil industry.
The 2026 revisions by the Bureau of Labor Statistics represent a downward adjustment of just 0.1 percent of the total work force.
A leading Chinese A.I. start-up released its latest model and made the case that China’s embrace of open software is safer than Silicon Valley’s closed approach.
Kevin Warsh reiterated the Federal Reserve’s commitment to tackle rising prices, nudging up investor expectations of a rate increase.
The president has argued that the news organization sought to undermine his 2024 presidential campaign by disparaging his reputation as a businessman. The Times has moved to dismiss the lawsuit.
Fewer audit and disclosure requirements could reduce costs, but experts say they could also help disguise fraud or financial stress.
In a high-profile speech, Kevin M. Warsh said that the Federal Reserve was chiefly responsible for taming inflation. If price increases did not return to the central bank’s target quickly, “we have work to do,” he said.
Investors want Kevin Warsh, the Fed chairman, to address inflation, interest rates and the bond market in a major speech. Some worry he won’t say enough.
Edward Yardeni, an upbeat strategist with an excellent track record in assessing the stock market, explains why he thinks the good times will continue for years.