9th Circuit says sports bets aren't swaps, setting up Supreme Court clash
A federal appeals court just handed prediction markets a win, but a rival ruling means the Supreme Court will likely decide the fate of the $100 billion industry.

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A federal appeals court just handed prediction markets a win, but a rival ruling means the Supreme Court will likely decide the fate of the $100 billion industry.
Canada's public broadcaster retreats from internal guidance that drew bipartisan criticism, restoring the term for the Sept. 11 attacks.
The White House says nothing yet. If the deal is real, it doubles American reserves and rewrites global oil math.
Asha Sharma confirms Microsoft's next-gen push spans multiple devices, signaling a strategic shift beyond the traditional single-box upgrade cycle.
The $17 billion price tag is pocket change; the design mandates are a lever to force TikTok and YouTube into the same safety cage.
In his first Jackson Hole speech, Kevin Warsh says underlying inflation hasn't improved, sending bond yields up and putting a September hike in play.
With inflation at 3.7% and financial conditions not restrictive enough, the Fed chair is signaling that rate hikes may be back - and the next meeting is weeks away.
Former Fed governor Kevin Warsh's latest remarks hint at a more hawkish pivot, raising stakes for investors and borrowers.
The Chinese EV giant's latest earnings reveal a strategic pivot: as domestic price wars bite, international markets are now the profit engine. Here's what that means for the global EV race.
The historic payout caps an eight-day trial, but Meta turned its punishment into leverage: YouTube and TikTok must match the terms or Meta pays less.
Utilities will pay you to let them control your devices. Here's what to know before you enroll.
The world's top carmaker is putting China before Japan for its next-generation EV build, a move that accelerates the global spread of Tesla's cost-cutting die-casting playbook.