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Federal Judge Rejects CFTC Bid to Pause Kalshi Lawsuit
A federal court has turned down an urgent request from the Commodity Futures Trading Commission seeking to temporarily stop New York state from moving forward with its legal action against the prediction market platform known as Kalshi. The decision maintains the ongoing case brought by state offici
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PerformanceTerm of the Day
Alpha
The excess return of an investment relative to its benchmark index. Positive alpha means the manager outperformed; negative alpha indicates underperformance.