Former Rep. George Santos (R-N.Y.) has agreed to pay $35,000 to settle with the Commodity Futures Trading commission (CFTC) over wagers he placed on the State …

Kalshi, which is headquartered in New York, has already been sued by multiple states. New York is suing Kalshi for allegedly running an "illegal gambling oper…

The former OpenAI researcher’s fund was forced to unwind public equities after leveraged public bets plummeted. But he still has cards to play.

Blackstone Inc. (NYSE: BX ) just posted one of its stronger quarters in years. Profit available to shareholders jumped 26% to $1.52 a share, beating estimates …

The memo cited "important progress in key areas" like Azure and Microsoft 365 Copilot. These businesses have faced pressure amid generative AI boom.

AI debt insurance costs hit record highs as Asian chip stocks collapse, signaling waning investor confidence. This surge reveals that lenders now fear leverage…

Gabriel Perez, who was accused of profiting from Kalshi bets tied to President Donald Trump’s speeches, is no longer employed by the federal government.

The biopharma sector is in the middle of a transformation in which macroeconomic pressures and policy developments actively dictate corporate dealmaking. As le…

Citadel bets on a Fed rate hike Wednesday as bitcoin analysts call a hold. Someone will be wrong.

Judge may allow Minnesota to ban some types of bets, but not all of them.

Ethereum startup EthSystems bets privacy is key to getting banks on public blockchains