New York Sues Kalshi as Prediction Market Rules Face Scrutiny

Financials Friday: New York Sues Kalshi for $36 Billion; Dodd Says Prediction Market Rules Violate Intent of Dodd-Frank; CFPB Nomination Stalls; Community Banks Line Up to Oppose ‘Skinny’ Fed Accounts for Fintechs; Former CFPB Official Tapped to Lead New Jersey Consumer Affairs Division

Financials Friday is a weekly overview of financial news and analysis of the timing and priorities of key agencies including the Federal Reserve, OCC and FDIC. Key stories we’re following this week include: • New York brings bombshell Kalshi lawsuit led by fired CFTC enforcers. • Dodd, 44 state attorneys general challenge CFTC prediction markets […]

EU’s New Tech Enforcement Role: AI Safety Cop

The EU now has even more tools to regulate Big Tech—it gained new enforcement powers over artificial intelligence companies, including the most powerful generative AI tools yesterday, at a time...

Aug 03, 2026 Read Now >

Live Nation: Judge Hears Arguments on Motions to Set Aside Jury Verdict; Remedies Phase Remains on Hold

Live Nation Entertainment (LYV) was back in a Manhattan courtroom on Friday, seeking to persuade a federal judge to set aside a jury verdict in April that found that the company operates an illegal...

Jul 31, 2026 Read Now >

Labor Weekly: Upstart Rideshare Firms Challenge Uber-Lyft Dominance; New Jersey Reaches Settlement With Trucking Firm Over Driver Misclassification; Sonderling, DOL Secretary Nominee, Advances Out of Committee

Welcome to Labor Weekly, our weekly overview of competition and labor market issues. Key stories we’re following this week include: • Rideshare insurgents and autonomous vehicle ride platforms...

Jul 30, 2026 Read Now >

Financials Friday: New York Sues Kalshi for $36 Billion; Dodd Says Prediction Market Rules Violate Intent of Dodd-Frank; CFPB Nomination Stalls; Community Banks Line Up to Oppose ‘Skinny’ Fed Accounts for Fintechs; Former CFPB Official Tapped to Lead New Jersey Consumer Affairs Division

RELATED ARTICLES | Antitrust Policy

EU’s New Tech Enforcement Role: AI Safety Cop

Live Nation: Judge Hears Arguments on Motions to Set Aside Jury Verdict; Remedies Phase Remains on Hold

Labor Weekly: Upstart Rideshare Firms Challenge Uber-Lyft Dominance; New Jersey Reaches Settlement With Trucking Firm Over Driver Misclassification; Sonderling, DOL Secretary Nominee, Advances Out of Committee

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