New York State is upping the ante in the battle over regulation of prediction markets. Attorney General Letitia James on Friday (July 31) filed a lawsuit against Kalshi in New York Supreme Court in Manhattan, claiming the platform is operating an illegal gambling business. Get the...
Novig and the New York Mets have signed an agreement that they said is the first partnership between a Major League Baseball franchise and a prediction market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Real gross domestic product (GDP) growth slowed in the second quarter, according to an advance estimatereleased Thursday (July 30) by the Commerce Department’s Bureau of Economic Analysis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Cryptocurrency exchange Binance.US aims to offer prediction markets to customers, Crypto in America journalist and host Eleanor Terrett said in a Wednesday (July 29) post on X, citing Binance.US CEO Stephen Gregory’s comments on stage at Rare Evo: A Blockchain Event. Get the Full Story Complete the form to unlock...
Ask what expensive gas does to a household, and you’ll get the familiar answer. It squeezes the budget. Less to spend, more to worry about. An affordability story, and a tired one. Get the Full Story Complete the form to unlock this article and enjoy...
Consumers in euro area countries perceive and expect significant reductions in inflation, the European Central Bank (ECB) said in a Friday (July 24) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
New government data showed working-class consumers in the United States seeing a bump in pay, The Wall Street Journal reported Thursday (July 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Initial jobless claims have fallen to their lowest level since 1969, the White House said in a Thursday (July 23) post on X, sharing a link to a Bloomberg article. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
For decades, the hourly labor market has organized worker pay around the wage itself. Employers compete by adding another dollar per hour, workers compare job postings by headline pay, and policymakers measure economic progress through changes in average earnings. Get the Full Story Complete the...
