Putin and Xi Say Trump’s Plan for ‘Golden Dome’ Missile Defense System Poses ‘Clear Threat To Strategic Stability’

New CFTC Prediction Market Proposal Would Ban War And Terrorism Bets While Allowing Sports Markets The Commodity Futures Trading Commission (CFTC) has unveiled a proposed framework for prediction markets that would prohibit contracts tied to violent or harmful events, including terrorism, war, and political assassinations, while largely preserving sports-based markets, according to Bloomberg. Under the proposal, "gaming" would be interpreted more narrowly, focusing on activities driven primarily by chance. As a result, most existing sports event contracts would remain permissible. According to CFTC Chairman Michael Selig, the agency's goal is to "protect...

Futures Drop As Yields, Oil Prices Keep Rising Futures are lower - but well off session lows thanks to some well-time oil sell orders just before US traders walked in to work - as bond yields continue to make new highs, with both Nasdaq and Russell lagging the S&P which feels like more de-risking into tomorrow's Fed release. AS of 8:15am ET, S&P and Nasdaq futures are down 0.1% amid premarket weakness in Mag7 with GOOG / META / MSFT all down at least 90bp but NVDA in the...

Bloomberg Terminal Hikes Prices As Inflation Hits Wall Street's Data Bills Bloomberg Terminal subscriptions will see a price hike starting Jan. 1, 2027, according to an email Bloomberg sent out early Monday. Monthly subscription prices will increase by $140 per Terminal at locations with multiple licenses and $155 at locations with a single license. That's about a 3% price hike, or an additional $1,680 and $1,860 annually per subscription, respectively. Email:  Existing subscriptions that renew on or before December 31, 2026 (and new Bloomberg Terminal subscriptions installed on or before the same date)...