Business

New York sues Kalshi, says its prediction markets are illegal gambling

New York’s attorney general sued prediction market operator Kalshi on Friday, claiming that its platform violates state laws against illegal gambling. In a petition filed in a state court in…

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Business

US Debt-to-GDP Projections Signal a Critical Inflection Point for Credit Markets

The divergence between historical norms and current projections is reaching a critical inflection point for global credit markets. The United States is entering a new fiscal era. For decades, investors…

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