5news.U.S. news, all in one place

BREAKING

› The 7 best high-yield savings accounts of April 2023 › Taxes are due tomorrow. Here's how to file for an extension › Composting is an easy way to reduce food waste. Here's how to do it › We stopped using aluminum foil for cooking and you should too. Here's what to use instead › The beloved Dyson Supersonic hair dryer is at its lowest price ever › Everything you need to know about Way Day 2023, Wayfair's biggest sale of the year › The 10 best Amazon deals to shop this week › The 2024 presidential alternative many voters will want › Dominion still has pending lawsuits against election deniers such as Rudy Giuliani and Sidney Powell › Russia is 'going backwards' in equipment and deploying post WWII-era tanks, according to Western officials › The 7 best high-yield savings accounts of April 2023 › Taxes are due tomorrow. Here's how to file for an extension › Composting is an easy way to reduce food waste. Here's how to do it › We stopped using aluminum foil for cooking and you should too. Here's what to use instead › The beloved Dyson Supersonic hair dryer is at its lowest price ever › Everything you need to know about Way Day 2023, Wayfair's biggest sale of the year › The 10 best Amazon deals to shop this week › The 2024 presidential alternative many voters will want › Dominion still has pending lawsuits against election deniers such as Rudy Giuliani and Sidney Powell › Russia is 'going backwards' in equipment and deploying post WWII-era tanks, according to Western officials

Business

U.S. appeals court rules against prediction markets, sets up likely fight at Supreme Court

CNBC · August 28, 2026 at 3:05 PM

U.S. appeals court rules against prediction markets, sets up likely fight at Supreme Court

The Ninth Circuit Court of Appeals ruled that sports-related event contracts are not swaps, contradicting a Third Circuit ruling from April.

Read the full article on CNBC ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cnbc.com — the content belongs to CNBC.

This story in other outlets

The Supreme Court Isn’t Interested in Facts

The Atlantic · yesterday

More from CNBC

Bessent attacks Warren over yen intervention query, offers ‘Foreign Exchange for Dummies’ lesson

CNBC · 9 min ago

S&P 500 falls, but heads for winning week as Warsh says Fed committed to fighting inflation: Live updates

CNBC · 15 min ago

Apple hikes subscription prices for Apple TV and Apple One in the U.S.

CNBC · 23 min ago

Meta's $17 billion settlement mandates new safeguards for kids—many are promising, says safety expert

CNBC · 25 min ago

More in Business

Bessent attacks Warren over yen intervention query, offers ‘Foreign Exchange for Dummies’ lesson

CNBC · 9 min ago

A former Twitter lawyer is testing a new mode of content moderation — and if he can get away with calling it Twitter

Business Insider · 13 min ago

S&P 500 falls, but heads for winning week as Warsh says Fed committed to fighting inflation: Live updates

CNBC · 15 min ago

I quit my job at 22 to flip houses. I'm making money, but I wouldn't do it again.

Business Insider · 15 min ago

Trump seeks vast, potentially costly U.S. stake in Venezuelan oil industry

Washington Post Business · 22 min ago

Apple hikes subscription prices for Apple TV and Apple One in the U.S.

CNBC · 23 min ago