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News
NFL and midterm elections set up prediction markets for a critical fall season
1+ hour, 32+ min ago (839+ words) Prediction markets that rode politics and sports to new heights the past two years are betting on their convergence this autumn to drive even more adoption. In 2024, event contract exchanges entered the mainstream with trades tied to the presidential election…...
SEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINES
2+ day, 6+ hour ago (234+ words) Washington, D.C., Nov. 5, 2026 — On Friday, November 21, U.S.Securities and Exchange Commission Chairman Arthur Levitt, U.S.Representative Greg Ganske, and Craig Goettsch, Iowa’sSuperintendent of Securities, will hold an Investors’ TownMeeting at the Embassy Suites Hotel in Des Moines, Iowa. Morethan 800 investors are…...
Tax Fraud Blotter: Keep on truckin"
1+ week, 2+ day ago (1210+ words) Philadelphia: Daniel A. Pallen, 46, of Springfield, Pennsylvania, entered a plea of guilty to one count of tax evasion and one count of mail fraud, arising from his submission of over $400,000 in fictitious checks to evade payment of his federal taxes and…...
Bill goes remote-first
1+ week, 2+ day ago (300+ words) "The remote population proved the model works: hiring stayed strong, performance stayed strong, culture stayed strong, for half the company, for years. So instead of continuing to manage the divide, we realized the better path was to build one team…...
Jackson Hole analyst roundup: Warsh's speech sends hike chances higher, may put Fed `at odds' with Treasury
1+ week, 6+ day ago (470+ words) Federal Reserve Chair Kevin Warsh's stance in his speech at the Jackson Hole meeting was unexpectedly hawkish, boosting market expectations for a rate hike next month. Gold fell and Asian stocks declined on Monday. Traders of fed funds futures see…...
U.S. appeals court rules against prediction markets, sets up likely fight at Supreme Court
2+ week, 1+ day ago (354+ words) The Ninth Circuit Court of Appeals rejected prediction markets platforms' requests for injunctive relief against the Nevada Gaming Control Board, concluding that sports-related event contracts are not a derivative regulated by the federal government. The court rejected appeals by Kalshi…...
September Fed decision is now a coin flip as rate hike odds increase post Warsh
2+ week, 1+ day ago (329+ words) Kevin Warsh's keynote speech at the central bank's annual symposium in Jackson Hole, Wyo. has altered investors' outlook for an interest rate hike in September after the Fed chairman said he was committed to fighting inflation. Traders on prediction market…...
Structuring partnership mergers
1+ mon, 1+ week ago (75+ words) Focusing on private-equity acquisitions, this article compares merger forms and highlights tax considerations, particularly where some partners cash out and others continue the business....
Bitcoin rebounds after Trump says he's become 'a big crypto guy"
2+ mon, 6+ day ago (540+ words) Bitcoin turned positive Monday after President Donald Trump voiced his support for cryptocurrency. Earlier in the session, bitcoin dove toward $60,000 after Strategy, a longtime corporate buyer of the token, sold some of its holdings for the second time this year,…...
Fuel tax expirations and new refund provisions require IRS guidance and improved administration
2+ mon, 1+ week ago (58+ words) With major fuel tax provisions expiring, the upcoming change to electronic payments, refunds for federal excise taxes, and the IRS excise tax hotline remaining unstaffed, taxpayers are facing a period of unusual uncertainty for federal excise taxes....