Bipartisan senators unveil bill banning sports prediction market contracts

Senators Adam Schiff (D-Calif.) and John Curtis (R-Utah) introduced a bill on Monday that would ban prediction markets from listing sports wagering or casino-style games on their platforms. The Prediction Markets Are Gambling Act would prevent entities regulated by the Commodity Futures Trading Commission (CFTC) from allowing betting on sporting events, like prediction markets… Source…

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TSMC hits yet another record as profit surges 39%, beating estimates on AI chip demand surge

The TSMC logo is displayed on a building in Hsinchu, Taiwan April 15, 2025. Ann Wang | Reuters Taiwan Semiconductor Manufacturing Company on Thursday reported a 39.1% increase in third-quarter profit from last year, beating estimates and hitting a fresh record as demand for artificial intelligence chips stayed strong. Here are the company’s results versus…

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