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SEC proposes easing 'pay-to-play' rules for investment advisers

SEC proposes easing 'pay-to-play' rules for investment advisers

By Pritam Biswas Aug 14 (Reuters) - The U.S. Securities and Exchange Commission proposed easing regulations that bar investment advisers from managing public pension funds after making political contributions to state and local officials.
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Baltimore Sues Kalshi and Polymarket Over Unlicensed Sports Betting

Baltimore Sues Kalshi and Polymarket Over Unlicensed Sports Betting

Baltimore Sues Kalshi and Polymarket Over Unlicensed Sports Betting
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Mark Walter offered to pledge his Guggenheim stake to secure loans, Bloomberg News reports

Mark Walter offered to pledge his Guggenheim stake to secure loans, Bloomberg News reports

Aug 13 (Reuters) - Billionaire Mark Walter offered to pledge his equity stake in Guggenheim Partners as part of a broader effort to raise billions of dollars for his insurance companies in recent weeks, Bloomberg News reported on Thursday.
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Institutional investors reveal cautious approach to tech favorites in US quarterly 13F filings

Institutional investors reveal cautious approach to tech favorites in US quarterly 13F filings

By Suzanne McGee, Akash Sriram and Anirban Sen PROVIDENCE, Rhode Island, Aug 14 (Reuters) - Institutional investors pulled back slightly from key stock market segments such as semiconductors, AI infrastructure and megacap technology companies during the second quarter, with few big bets in either
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Exclusive-Jane Street took $15 billion hit in July tied to Situational Awareness, AI selloff, sources say

Exclusive-Jane Street took $15 billion hit in July tied to Situational Awareness, AI selloff, sources say

By Anirban Sen NEW YORK, Aug 14 (Reuters) - Jane Street took a $15 billion hit in July from its exposure to AI-focused hedge fund Situational Awareness and other tech stocks that were battered by the market selloff, according to two people familiar with the matter and a note seen by Reuters. 
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ANZ says home loan applications fall 12%, records A$1.9bn quarterly profit

ANZ says home loan applications fall 12%, records A$1.9bn quarterly profit

By Scott Murdoch and Rajasik Mukherjee SYDNEY, Aug 13 (Reuters) - Australian lender ANZ Group said on Thursday home loan applications had slumped 12% since the Labor government scrapped lucrative property investment tax concessions, as the bank reported a A$1.9 billion ($1.3 billion) cash earnings
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CME takes NHL team performance into futures market

CME takes NHL team performance into futures market

Aug 11 (Reuters) - Derivatives exchange CME said on Tuesday it would launch the world's first index-based hockey futures, a novel product designed to track indexes built from real-time performance statistics for every National Hockey League team.
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California senators want to curb placing bets on wildfires

California senators want to curb placing bets on wildfires

Officials say the practice could tempt people to commit arson and “influence” fires already burning.
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S&P 500 rises as CoreWeave results fuel AI optimism

S&P 500 rises as CoreWeave results fuel AI optimism

By Noel Randewich and Purvi Agarwal Aug 12 (Reuters) - The S&P 500 and the Nasdaq rose on Wednesday, lifted by upbeat quarterly results from CoreWeave and other AI infrastructure firms, while mild inflation data reinforced bets that the U.S.
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FlightAware withdraws lawsuit against Kalshi over flight-cancellation markets

FlightAware withdraws lawsuit against Kalshi over flight-cancellation markets

Aug 12 (Reuters) - Flight-tracking company FlightAware withdrew its lawsuit against Kalshi on Tuesday, a day after it filed the suit that accuses the prediction markets giant of using its data and name without its knowledge to host gambling markets on flight cancellations. 
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Kalshi Integrates DoubleZero for High-Speed Data in Crypto Markets

Kalshi Integrates DoubleZero for High-Speed Data in Crypto Markets

Kalshi Integrates DoubleZero for High-Speed Data in Crypto Markets
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Ukraine halts strikes on tankers using Russian port at US request, FT says

Ukraine halts strikes on tankers using Russian port at US request, FT says

Aug 12 (Reuters) - Ukraine has paused drone strikes on oil tankers using Russia's Black Sea port of Novorossiysk after a request from U.S. Vice President JD Vance, the Financial Times said on Wednesday, citing Ukrainian officials.