This article was originally published by Votebeat, a nonprofit news organization covering local election administration and voting access. A county in southeastern Pennsylvania has banned its poll workers from using prediction markets to bet on elections.
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New York state budget talks devolved into a public fight this week as Gov. Kathy Hochul and leading legislators accused each other of doing the bidding of deep-pocketed special interests. The New York State Trial Lawyers Association and Uber have spent millions to influence the debate around Hochul’s proposals to crack down on auto insurance…
Several major sportsbooks have contributed tens of millions of dollars to a new super PAC to support sports betting throughout the country, Axios has learned. Why it matters: Traditional sportsbooks have been advocating for broader legalization amid rising competition with prediction markets like Kalshi and Polymarket. Driving the news: DraftKings, FanDuel, Fanatics and Bet365 —…
Some Federal Reserve officials wanted to keep interest rate increases on the table, given the stubborn inflation that was set to be amplified by the Iran war, according to minutes from the central bank’s March 17-18 policy meeting, released Wednesday. Why it matters: Even as many officials see rate cuts down the line, the prospect of increasing rates highlights the uncertainty…
Democratic U.S. Senate nominee James Talarico said Monday he wants to end tax breaks for billionaires, including abolishing write-offs for the purchase of luxury items and restricting the use of offshore bank accounts to avoid federal taxes. Talarico, who in November will face either incumbent John Cornyn or Texas Attorney General Ken Paxton after a…
Selective Insurance Group, Inc. (NASDAQ:SIGI – Get Free Report) was the recipient of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totaling 1,267,827 shares, a decrease of 33.9% from the March 15th total of 1,917,383 shares. Based on an average daily volume of 586,814…
Minneapolis Public Schools withheld nearly $3 million owed to an employee health care trust account beginning in 2024, according to a heavily redacted report prepared by the law firm Greene Espel late last year and obtained by the Reformer as part of a public records request.
The state Supreme Court on Tuesday heard arguments that could upend a case about state retiree health benefits that’s more than a decade old, potentially overturning yet another of its own rulings. Before 2011, state employees who became vested were promised no-cost health care in retirement as part of their benefits package. But in 2011, […]
Political analysts and observers were stunned on Tuesday after a new report indicated U.S. Attorney Jeanine Pirro’s prosecutors were recently turned away from the Federal Reserve. The Wall Street Journal reported, citing "a person familiar with the matter and a letter reviewed," that Pirro’s prosecutors attempted to make a surprise visit to the construction site…
You may have seen Pharmaceutical Benefit Managers (PBMs) in the news recently, but what are they? Essentially, they are negotiators in the pharmaceutical supply chain. They work on behalf of employers, health insurers, and government programs to secure discounts on the prices charged for prescriptions. Right now, some PBMs are compensated through performance-based arrangements…
Houston health Insurance costs are creating financial strain for small businesses, affecting expansion, employee benefits, and long-term stability. Growing uncertainty highlights the need for more accessible and sustainable healthcare solutions.
HOUSTON — From freezes to hurricanes, Texas has no shortage of natural disasters. And depending on which group you ask, it’s either inflation, strong storms and lawsuit abuse or a focus on profits driving up the cost of home insurance for Lone Star residents.
Tower View Wealth Management LLC grew its stake in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) by 1,070.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,175 shares of the Internet television network’s stock after acquiring an additional…
Lunt Capital Management Inc. increased its position in Texas Pacific Land Corporation (NYSE:TPL – Free Report) by 167.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,702 shares of the financial services provider’s stock after purchasing an additional 15,471 shares during the quarter. Texas…
A battle is raging in the Halls of Congress between the banks and the crypto industry. The spark was a judgment by the White House’s Council of Economic Advisers, which recommended that stablecoins be allowed to pay interest to their holders. As a result of the Genius Act, passed almost a year ago, stablecoins are…
In an unexpected move, the Virginia legislature elected not to expand the liability and exposure of Virginia hospitals and health systems. If enacted, the reconciled bill requires Virginia hospitals and health systems that self-insure or maintain other retained-risk arrangements to submit detailed disclosures about their malpractice claims,…
Republicans in Congress are trying to attract more people to direct-to-consumer drug purchases on platforms like TrumpRx by requiring insurers to count that spending toward patients’ deductibles and out-of-pocket limits. Why it matters: Paying cash for drugs has limited appeal for insured patients, in part because it doesn’t help them get to the point where insurance picks up a…
FTSE rises on US-Iran peace hopes. EUR/USD rises on Middle East optimism & ahead of US PPI data.
The Revolving Door Project, a Prospect partner, scrutinizes the executive branch and presidential power. Follow them at therevolvingdoorproject.org. In early April, Stephanie Cutter, a former senior adviser to the 2024 Harris campaign and former Obama deputy campaign manager, was announced as a policy adviser for the prediction market firm Kalshi, where she will presumably work…
