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New Jersey can’t regulate Kalshi’s prediction market, US appeals court rules

by
Nate Raymond

The CFTC has exclusive jurisdiction over Kalshi sports event contracts, the court rules The ruling marks the first federal appeals decision regarding state vs. federal regulation of prediction markets The dissenting judge said that Kalshi’s offerings were similar to conventional gambling April 6 (Reuters) – A state appeals court ruled on Monday that New Jersey … Read more

Commentary: Why is the stock market less nervous than the Iran war? Here is the reason

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Commentary: Why is the stock market less nervous than the Iran war? Here is the reason

Since the end of February, the three major indices of the stock market – Standard & Poor’s 500, Dow Jones industrials and the Nasdaq composite – have fallen by a few percent. One may ask: Is that all? Does the market not know that there is a war? Yes, the stock market knows. It doesn’t … Read more