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The Iowa Senate has signed off on a bill that would bring new rules and taxes to a fast-expanding corner of finance often called prediction markets. Lawmakers approved Senate File 2470 on Tuesday (March 31), making it the first time a state legislative chamber has moved to formally regulate this type of trading. The proposal […]
Billionaire Ken Griffin said his hedge fund’s Chicago footprint will shrink to just two floors as crime, taxes and other challenges push employees to relocate to Miami and New York. “Chicago, you know, over the last, unfortunately, over the last six or seven years, has been engulfed in a series of problems,” Griffin said at the Citadel […]
Owners of electric cars in Vermont recently got a letter from the Department of Motor Vehicles with some bad news. Starting Jan. 1 they would have to pay $178 a year to register their cars, twice as much as owners of vehicles with internal combustion engines. In imposing the higher fee, Vermont became the latest […]
