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Finance & Markets

NFL tells Supreme Court prediction market sports contracts are gambling, not swaps

The NFL filed an amicus brief urging the Supreme Court to hear New Jersey's case, arguing Kalshi's sports contracts are gambling, not CFTC-regulated swaps.

NFL tells Supreme Court prediction market sports contracts are gambling, not swaps

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More in Finance & Markets

U.S. Gasoline Prices Set October Record Even as National Average Slips

U.S. gasoline prices have fallen for a second straight week, but drivers are still paying more at the pump than they ever have in October.

  • U.S. gasoline prices hit $4.36 per gallon in October, breaking the record
  • National average dipped slightly despite record-high prices
  • Hurricane Isaias threatened Gulf Coast production but posed lower risk

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