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.

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.

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.

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.

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.

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.

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