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You can call it a comeback. Stocks rocketed to record highs last week on hopes of a peace deal with Iran, with the S & P 500 closing above 7,100 for the first time and the Nasdaq completing its longest-winning stretch since 1992 — 13 days of gains. For the week, the broad-based S & […]
A New York resident identified as John Doe has sued Stake.com, Stake.us, Coinbase and related companies in New York State Supreme Court, accusing them of helping run years of illegal online gambling that he says started when he was still a child. The case was filed in Manhattan. It says the plaintiff began using the […]
CNBC’s Jim Cramer on Friday laid out his game plan for the week ahead after what he called one of the most “remarkable” rallies he’s ever seen. “If you didn’t believe we could have still one more week where we’d rally 3%, you’d be right,” Cramer said. “We actually rallied 4% thanks to today’s gigantic […]
Iowa lawmakers are pressing ahead with a bill that would clamp down on a fast-expanding slice of financial trading tied to real-world outcomes via prediction markets. The measure, known as Senate File 2494, is aimed at event-driven contracts and the online platforms where people buy and sell them. The Senate Ways and Means Committee introduced […]
A Rigetti quantum computer displayed at the Nvidia booth during the Nvidia GTC (GPU Technology Conference) in Washington, DC, US, on Wednesday, Oct. 29, 2025. Kent Nishimura | Bloomberg | Getty Images Quantum stocks climbed on Thursday, adding to a massive week-to-date rally fueled by enthusiasm for Nvidia‘s new open-source artificial intelligence models designed to […]
A legal fight unfolding in Wisconsin over prediction market trading is now drawing in a fresh federal ruling from Arizona, as Kalshi presses its argument that federal regulators, not states or tribal governments, control the space. In a filing dated Monday (April 13), Kalshi and an affiliate pointed to the U.S. District Court for the […]
An automated barcode reader scans packages prepared for shipping at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, Dec. 1, 2025. Michael Nagle | Bloomberg | Getty Images For Amazon sellers, who account for over 60% of goods sold on the e-retailer’s sprawling marketplace, times would be tough no matter what right […]
Oakland police moved in on what they say was an illegal gambling setup in East Oakland on April 9, shutting it down after building a case tied to repeated complaints and a pattern of violence. According to an official Facebook post, officers served a search warrant in the 1400 block of 17th Avenue, working alongside […]
Nvidia CEO Jensen Huang delivers the keynote address at the GTC AI Conference in San Jose, California, on March 18, 2025. Josh Edelson | Afp | Getty Images Nvidia stock is on a tear, rising more than 18% over the past ten days. It’s the longest winning streak the artificial intelligence chip giant has seen […]
As more states move to block credit cards from gambling, the policy sounds straightforward. Cut off borrowed money, reduce harm. In practice, the results are mixed. The rules change how people pay, but they don’t always change why they gamble or how they manage their money. Ashley Morgan, a debt and bankruptcy attorney in Virginia, […]
