Business
How CFTC Event Contracts Work on Prediction Markets
On CFTC-licensed exchanges, a standard binary event contract trades between $0.01 and $0.99 and pays $1.00 if the underlying outcome occurs or $0.00 if it does not.
Business
How the 30 Percent Rent-to-Income Rule Is Calculated
A renter earning $5,000 a month before taxes can spend up to $1,500 on combined rent and utilities under the 30 percent threshold, though private landlords often screen for base rent alone.
Business
Kalshi Ends Donald Trump Jr. Advisory Deal Over $500M Polymarket Bet
Kalshi ended Donald Trump Jr.'s paid advisory contract after 1789 Capital committed roughly $300 million to lead rival Polymarket's latest $1 billion funding round.
Business
How the CME FedWatch Tool Calculates Rate Probabilities
CBOT 30-Day Fed Funds futures trade at 100 minus the expected monthly Effective Federal Funds Rate, letting CME Group isolate FOMC rate odds using non-meeting anchor months.
Business
Nvidia Board Prepares to Oust CEO Jensen Huang as Stock Drops 9%
Nvidia shares dropped more than 9% after hours following a Wall Street Journal report that the board is preparing to remove CEO Jensen Huang after a reported affair with VP Kimberly Powell.
Business
Kraken’s xStocks Adds 200 UK and EU Shares as Assets Top $1.1B
Kraken parent Payward added more than 200 British and European stocks to xStocks on Wednesday, pushing the tokenized equity platform past $1.1 billion in assets and 1,500 listings.
