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    California Bans Insider Trading on Prediction Markets Amid Corruption Concerns

    California Bans Insider Trading on Prediction Markets Amid Corruption Concerns

    California Gov. Newsom banned state officials from insider trading on prediction markets, citing corruption concerns. This follows large, suspicious payments on platforms like Kalshi and Polymarket, which have added new anti-insider trading rules, though some legislators find them insufficient.


    Blue state regulators could hike price at pump just days after election, GOP lawmakers warn

    Blue state regulators could hike price at pump just days after election, GOP lawmakers warn

    Gavin Newsom and the Democrat-controlled legislature — is scheduled to vote just days after the election on a new proposal that would lower carbon emissions faster, but increase the cost of petroleum refineries.