States can regulate prediction markets as gambling, federal appeals court rules
A federal appeals court ruled Friday that states can regulate prediction markets like gambling, dealing a major blow to the booming industry.
Friday, August 28, 2026
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A federal appeals court ruled Friday that states can regulate prediction markets like gambling, dealing a major blow to the booming industry.
A federal judge on Friday rejected President Trump’s latest bid to fight his criminal conviction outside of New York’s state courts, a strategy aimed at citing presidential immunity, under which Trump could potentially toss charges that stem from a 2016 hush money payment in the trash can. U.S. District Judge Alvin Hellerstein has denied Trump’s attempts to move to federal court three…
The spotlight is on Fed Chairman Kevin Warsh as he delivers a speech in Jackson Hole, Wyo., on Friday.
All eyes turned to the Federal Reserve's Jackson Hole Symposium, where Fed Chairman Kevin Warsh is scheduled to speak.