Massachusetts sues Kalshi alleging illegal sports gambling

The Kalshi logo arranged on a laptop in New York, US, on Monday, Feb. 10, 2025. Gabby Jones | Bloomberg | Getty Images Massachusetts filed a lawsuit in state court Friday against Kalshi, alleging the predictions platform offers sports gambling without a license under the guise of events contracts. “If Kalsi wants to be in […]
As Fed nears highly anticipated rate cut, the market ‘really hinges’ on 10-year Treasury yield

As anticipation builds around the Federal Reserve’s likely interest-rate cut next week, J.P. Morgan Asset Management’s Phil Camporeale is keeping his eye on the behavior of a particular Treasury bond amid inflation risks.