US senators push to end CFTC ‘assault’ on state oversight of prediction markets
A group of 17 Democratic senators went after the CFTC’s funding for lawsuits over prediction markets, calling it an “assault” on state authorities.…
Insurers shifted roof replacement costs onto homeowners thanks to a new federal rule — just in time for hail and hurricane season
Those who find extensive damage to their roofs might be stuck between two options: File an insurance claim, which could trigger a premium increase, or cough up…
Securitize aims to raise $400 million as tokenization firm nears public debut
The BlackRockbacked tokenization specialist expects to close its SPAC merger next week and start trading on the NYSE, pending shareholder approval.…
This imminent SpaceX development could make the stock even more volatile
SpaceX is set to be added to the Russell 1000 after Friday’s close, and it could join other major indexes in the days ahead. Source:MarketWatch
Framework Ventures raises $400M to invest beyond crypto: Report
Framework Ventures raises $400 million fourth fund as it expands into AI, robotics and energy while reportedly planning to continue crypto investments.…
El Nino’s coming back — and could cost the global economy trillions
Economists at the investment bank wrote that an El Niño could disrupt agriculture, infrastructure and productivity Source:MarketWatch
CoinDesk 20 performance update: AAVE jumps 8.9%, leading index higher
Solana (SOL) gained 4.5%, joining Aave (AAVE) as a top performer. Source:CoinDesk
Hyperliquid added to Singapore's Investor Alert List
Singapore’s financial regulator added Hyperliquid to its Investor Alert List, as a reminder that the decentralized exchange was not licensed in the region.…
SEC, CFTC Seek Public Comment on the Harmonization of Portfolio Margining Frameworks
The Securities and Exchange Commission and the Commodity Futures Trading Commission today issued a joint request for public comment on potential approaches to…
U.S. stock market sees first outflow since March. And that may set the stage for a risk-off summer.
A trend reversal in fundflow data may show that investors are switching their focus from tech stocks to sectors in line to benefit as midterm elections…
‘I’ll happily wait’: Does delaying Social Security make sense for high earners like me?
“In many states, Social Security benefits are exempt from state income tax.” Source:MarketWatch
The ambition penalty: Why speaking up and asking for more at work is still weaponized against women
Closing the gender pay gap could add $12 trillion to global GDP — so why is progress stalled? Source:MarketWatch