States Lost $1 Billion in Revenue to Prediction Markets, Gaming Association Says
American Gaming Association reports $1 billion state tax revenue loss from prediction market platforms, labeling them unlicensed sports betting operations.
American Gaming Association reports $1 billion state tax revenue loss from prediction market platforms, labeling them unlicensed sports betting operations.
U.S. Treasury bonds stabilized on Thursday after an oil-driven selloff as a key inflation gauge showed price pressures cooling, with the 10-year…
US stock indices, including the S&P 500 and Nasdaq, are poised for a difficult stretch as stagflation concerns mount, threatening corporate profit…
Kohl's sales beat estimates, triggering a rally in retail stocks as US shoppers continue to defy economic slowdown fears, with the company's…
US funding markets face a sustained flood of cash, pushing repo rates near zero and signaling the Federal Reserve’s commitment to ample…
April’s weak consumer spending and hot inflation reading signal a stagflationary impulse that challenges the soft-landing narrative and weighs on risk assets…
Goldman Sachs trading desk warns that a short squeeze could rocket heavily shorted, unloved sectors higher as bearish positioning hits extremes.
Leaked images of Apple’s iOS 27 showcase a revamped Siri and new AI features, highlighting the company’s focus on on-device intelligence and…
Escalating Middle East tensions drove a broad stock selloff and a surge in oil prices, as investors sought refuge in gold, the…
Dollar Tree stock surges as the discount retailer’s decision to offer higher-priced goods lifts sales and improves revenue growth, signaling strategic success…
Meta explores AI subscriptions to counter threats from OpenAI and xAI encroaching on its advertising revenue, according to Bloomberg.
Record short interest against the semiconductor rally marks it as the most hated in history, signaling potential for a short squeeze or…