A New York judge has denied the Commodity Futures Trading Commission's (CFTC) motion to halt its enforcement action against Kalshi, a trading platform. This decision allows the CFTC to continue its regulatory proceedings against Kalshi, which could impact the company's operations and regulatory compliance. The ruling highlights ongoing regulatory scrutiny in the financial trading sector. Kalshi and the CFTC will proceed with the case as scheduled.
Rayonier Inc. has been rated a Buy following its merger with PotlatchDeltic, which nearly doubled its share count and expanded its timberland and manufacturing assets. The company now offers a 5% dividend yield and improved cash flow, though it faces...
Bitcoin surged over 25% in August, marking its strongest monthly gain since November 2024, driven by increased market volatility and resilience despite regulatory and security challenges. Fidelity warns this rally may be a temporary bounce within an ...
Shein's shares have fallen 17.5% since its Hong Kong debut amid concerns over its ability to sustain growth. The company, known for low-priced fast fashion, faces rising tariffs and regulatory changes in the U.S. and Europe that erode its cost advant...
Bitcoin surged to an intraday high of $82,108 before settling near $81,050, marking a 4.5% gain amid an ongoing rally. Despite this strong performance, Fidelity Digital Assets cautions that the rally alone does not confirm the end of the bear market....
Flowra and Korea Gold Exchange Digital Asset (KorDA) signed a memorandum to explore using KGLD, a gold-backed digital token, as collateral for securing Solana (SOL) tokens delegated to network validators. This initiative aims to leverage the growing ...
