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Prediction market firms face growing scrutiny as Congress weighs regulation
Rep. Bryan Steil, R-Wisc., is working on a bill to ban Congress members and their staff from certain bets on prediction markets such as Kalshi and Polymarket.
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US added 172,000 jobs in May as labor market shows signs of resilience
Government figures show unemployment rate at 4.3% amid rising inflation and economic uncertainty from Iran war US employers added 172,000 jobs in May while the country’s unemployment rate held steady at 4.3%, a sign of a resilient labor market despite rising inflation and economic uncertainty brought on by continued conflict in the Middle East. Despite…
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