HeyJaredJonathan Stempel
- Indexed articles, last 90 days
- 49
- Latest publication
- Sep 30, 2026
- Outlet visibility, for Insurance Journal
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- Jul 6, 2026
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Bank of America to pay $39 million to settle customer claims over low interest rates on cash - AOL (opens the original)
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NEW YORK, Sept 30 (Reuters) - Bank of America's Merrill Lynch unit will pay $39 million to settle a class action claiming it paid brokerage customers near-zero interest rates instead of market rates on idle cash in their retirement accounts. Settlement papers were filed late on Wednesday in Manhattan federal court. The settlement requires approval by US District Judge Valerie Caproni, averting a trial that had been scheduled for mid-October. • Holders of Merrill Edge online accounts between Dece
US appeals court rules against Kalshi, says states can regulate prediction markets (opens the original)
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Sept 25 (Reuters) - A US appeals court on Friday ruled against the prediction markets operator Kalshi, saying Ohio and Tennessee can regulate its so-called event contracts under their gambling laws. The decision by the 6th US Circuit Court of Appeals in Cincinnati deepens a split among federal appeals courts over whether state regulators or the federal Commodity Futures Trading Commission should have authority to regulate the fast-growing industry. This raises the potential that the US Supreme C
New York, Polymarket sue each other over whether prediction markets are illegal gambling (opens the original)
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NEW YORK, Sept 24 (Reuters) - New York's attorney general and Polymarket sued each other on Thursday, escalating a nationwide debate over who should regulate prediction markets and whether they violate state laws against illegal gambling. The lawsuit brought by Attorney General Letitia James in a state court in Manhattan expands her effort to rein in prediction markets, following similar cases earlier this year against Kalshi, Coinbase Financial Markets and Gemini Titan. All were accused of op
New York lawsuit says Polymarket's prediction markets are illegal gambling (opens the original)
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NEW YORK, Sept 24 (Reuters) - New York's attorney general sued Polymarket on Thursday, escalating her battle against prediction markets, an industry that she says violates state laws against illegal gambling. Attorney General Letitia James filed her petition in a state court in Manhattan, two months after bringing a similar case against rival Kalshi, and five months after filing similar petitions against two other prediction market operators, Coinbase Financial Markets and Gemini Titan. Al
Florida fund sues New York Times over alleged anti-Israel bias, demands records - AOL (opens the original)
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NEW YORK, Sept 23 (Reuters) - Florida's state-run public pension fund and a conservative think tank sued the New York Times on Wednesday, seeking materials to determine whether the company's board is letting the newspaper promote biased editorial coverage against Israel. According to a petition filed in a New York state court in Manhattan, a series of factual errors in Times reporting on various subjects supports a reasonable inference that the board has allowed journalistic standards to be "wea
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