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Legalizing pot didn’t kill the black market, it created a marketing department for it

The marijuana legalization movement sold Americans a simple promise: legalize cannabis, regulate it, tax it, and the black market would disappear. That promise has failed spectacularly. Today, illegal marijuana dealers remain active across California and throughout the nation.

Fox News 2d ago

Why tech’s record pullback is just a ‘healthy reset’ for the bull market, according to Morgan Stanley’s top stock-market strategist

Improving earnings and economic backdrop support stocks, says Morgan Stanley’s Wilson.

MarketWatch 2d ago

Prediction market Kalshi bets on compliance to address insider trading concerns

Prediction market Kalshi bets on compliance to address insider trading concerns June 9 : Prediction market Kalshi said on Tuesday it will mandate employment disclosures for users trading on sensitive contracts and launch a whistleblower portal, steps aimed at aligning the platform with regulatory expectations for market integrity. The move by Kalshi marks a shift toward building institutional-grade infrastructure, as it seeks to address regulatory risks, including concerns over market...

Channel News Asia 18h ago

European markets open mixed as AI stocks sell-off hits Asia, South Korea drops 5%

European stock markets had a mixed opening, as shares fell in Asia, with South Korea's benchmark dropping more than 5%. This comes as US markets saw sharp declines in several major artificial intelligence-related stocks on Thursday. As the rally in AI stocks fades, investors were cautious at the open on Friday, with European markets opening to mixed sentiment following steep falls in Asian markets.

Euronews 5d ago

Japanese finance minister signals readiness to respond in FX market

Japanese finance minister signals readiness to respond in FX market TOKYO, June 2 : Japanese Finance Minister Satsuki Katayama said on Tuesday the authorities stood ready to respond in the currency market as needed. With the Strait of Hormuz remaining effectively closed, the oil market remains highly volatile, Katayama told a news conference. "We retain our stance of being ready to respond in the currency market as needed," she said.

Channel News Asia 8d ago

Minutes of the Money Market Committee meeting – March 2026

The Money Markets Committee is a forum for market participants and authorities to discuss the UK unsecured deposits and funding market and securities lending and repo markets.

Bank of England News 10d ago

ITG reveals revenue rise in US IPO filing as listings market heat up

ITG reveals revenue rise in US IPO filing as listings market heat up June 5 : Digital infrastructure services startup ITG reported a rise in quarterly and annual revenue in its filing to go public in the U.S. on Friday, as a host of companies line up to tap the public markets. A rebound in activity in the U.S. initial public offering market has made boardrooms eager to list their shares in the public markets, with Elon Musk's SpaceX set to debut on Nasdaq next week. AI giant Anthropic has...

Channel News Asia 4d ago

How did Taiwan, Seoul overtake India? Drop from 5th to 7th largest stock market - explained

In a span of just over a week, the Indian stock market has gone from being the world’s fifth largest to the seventh largest by market capitalization. First overtaken by Taiwan last week, India has now dropped below South Korea as artificial intelligence-driven rallies in these stock markets propel them to fresh highs. But the fall to seventh rank is not just about the rallies in South Korea and Taiwan.

Times of India 8d ago