Bill Miller, American Gaming Association president and CEO, added that prediction market platforms in his view amount to “backdoor sports betting.”
New York passes Mamdani’s pied-a-terre tax. Here’s who pays and how much
Citadel CEO Ken Griffin became the face of the tax after New York City Mayor Zohran Mamdani posted a video in front of Griffin’s penthouse apartment.
Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows
The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.
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‘King of Cashmere’ CEO on outperforming the luxury slowdown: Don’t be greedy
Brunello Cucinelli’s success is tied to its ethos of choosing long-term integrity over short-term margin chasing, CEO Riccardo Stefanelli told CNBC.
Energy inflation has been more persistent than expected: Fed’s Goolsbee
While oil prices have recently fallen on news that a peace deal between the U.S. and Iran could come, prices are still significantly higher than before the war.
Nio surges 9% after releasing first flagship EV in more than two years
Chinese electric car company Nio has launched two lower-priced brands in the last two years to broaden its customer base in a sluggish Chinese consumer market.
Fed’s Kashkari says inflation fight takes priority as labor market is ‘in decent shape’
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Google employee charged with $1M Polymarket insider trading bet on search term
The complaint from the Southern District of New York comes just over a month after another insider trading case on Polymarket.
Stocks making the biggest moves after hours: Snowflake, Marvell Technology, Agilent Technologies & more
See which stocks are posting big moves after the bell.