Kalshi Requests Regulator to Allow Traders to Use Borrowed Funds. What Could Go Wrong?

Kalshi Requests Regulator to Allow Traders to Use Borrowed Funds. What Could Go Wrong?

Kalshi, a leader in prediction markets, recently approached federal regulators with a request to let institutional investors use borrowed money for trading event contracts. This move could significantly integrate the growing industry into conventional finance. The firm’s clearinghouse, Kalshi Klear, submitted a proposal to the Commodity Futures Trading Commission (CFTC) that seeks to allow margin […]

A country lacking trust is a country living on borrowed time.

A country lacking trust is a country living on borrowed time.

Something significant is happening in American society. The headlines that once shocked us no longer seem to have that impact. Stories that could have brought the nation together now often fizzle out, met with indifference. It’s not that people are indifferent; rather, there seems to be a deeper notion that those in authority are either […]

US estimated to have borrowed $127B in January: CBO

Congressional Budget Office (CBO) Estimated in the report On Monday, the federal government won a $127 billion deficit last month. The CBO estimated the federal government's fiscal deficit reached $838 billion in the last four months. This is $360 billion more than the same time frame a year ago, as it rose 15%. The agency […]

FACT CHECK: Facebook Post Falsely Claims Kamala Harris Borrowed Quote From Karl Marx

image shared on facebook Vice President Kamala Harris, the 2024 Democratic candidate, claims to have borrowed the phrase from Karl Marx: “Freed from the burdens of the past.” Verdict: False This quote does not appear in any of Marx's works, including The Communist Manifesto, and there is no other evidence that Harris borrowed the quote […]