AP Photo/Ted Shaffrey

There's a moment, familiar to anyone who has spent time in basketball corners of the internet, where someone drops a name into the chat — Kosta Koufos, Sundiata Gaines, Jamario Moon — and the room either goes electric or shakes its head in disappointment. On social media, this is called "ball knowledge."
Richard Allen didn't invent the automobile bike rack - his 1967 patent application makes it clear that others came before.
The US Commodity Futures Trading Commission is suing Illinois, Arizona and Connecticut for attempting to outlaw or regulate prediction markets like Kalshi and Polymarket. The CFTC believes it has sole jurisdiction to regulate these platforms, and that states attempting to classify them as illegal gambling are overstepping their authority.

