Financial

California judge dismisses Pennsylvania credit union from identity theft case
The judge ruled that the court lacked jurisdiction over the credit union, which is headquartered and solely operates in Pennsylvania.

Polymarket follows Kalshi, Trump in suit against Minnesota’s prediction market ban
The third suit against Minnesota marks a mounting legal headache for the state as it prepares to defend its recently enacted, first-of-its-kind law in court.

Justices preserve SEC authority to claw back illicit funds in fraud cases
The high court’s ruling broke from a trend of previous decisions cutting against the government’s power to strip wrongdoers of ill-gotten gains.

Kalshi and Minnesota
MINNEAPOLIS — Joining the Trump administration in the fray over prediction market regulation, Kalshi sued Minnesota officials claim the state's ban on so-called event contracts violates the U.S. Constitution's supremacy clause.

Google employee charged with using confidential search data to make $1.2 million on Polymarket
Prosecutors say Michele Spagnuolo initially wagered that Kendrick Lamar would top search trends for people, but he changed his wager after internal Google data showed that alt-pop singer D4vd was later leading the influx of searches.

Italy loses in push to make one defendant foot bill for entire tax evasion scheme
Europe’s top human rights court said Italy crossed the line by forcing some people to absorb massive confiscation orders tied to criminal schemes that generated far more money than they personally received.

Median pay for CEOs rose nearly 6% in 2025, but some compensation packages were eye-popping
At half the companies surveyed, a mid-range worker would need 200 years to make what the CEO did in one — up from 192 years last year.

Boxer Floyd Mayweather accuses ex-manager of $175 million swindle
The champion boxer accuses his former investment manager of duping him out of tens of millions of dollars at a time in a series of unauthorized transactions.




