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By Shruthi Krishnamurthy

What's going on today?

Have a great day!

REUTERS/Brian Snyder

Prosecutors who secured Donald Trump's conviction over a hush money payment to porn star Stormy Daniels opposed his stated hope to have the case dismissed now that he is president-elect and asked a judge to set a schedule to litigate the matter.

The prosecutors said they would accept a delay but asked New York State Supreme Court Justice Juan Merchan to set a deadline for Trump to formally seek dismissal of the case. The prosecutors suggested that they then be given until Dec. 9 to oppose Trump's bid. Luc Cohen has more.

A lawyer for derivatives trading platform Kalshi told Alison Frankel that the 2024 U.S. election proved regulatory fears of trading-related election manipulation to be overblown. The context for his hot take? Kalshi just filed a brief at the D.C. Circuit, where it is trying to cement its right to offer trading in derivative contracts based on the outcome of U.S. elections. Frankel explains why statutory interpretation, rather the public interest in election prediction markets, is the big question for the appeals court — and why Kalshi’s lawyer thinks his side is right on both issues. Read more.

Check out other recent pieces from our columnists: Alison Frankel and Jenna Greene

Ukraine hit Russia with U.S. ATACMS missiles for the first time on the war's 1,000th day … SpaceX is set to launch the sixth test of its giant Starship rocket from Texas, with Trump attending … Mass rape victim Gisele Pelicot condemned the cowardice of men accused of abusing her who claim they didn't realize it was rape … Tens of thousands rallied in front of New Zealand’s parliament against a bill altering Indigenous rights … White House envoy Amos Hochstein said there was a "real opportunity" to end the conflict between Israel and Hezbollah and that gaps were narrowing … The worldwide premiere tour for "Wicked" landed in London on Nov. 18 for a final outing ahead of the musical film's release … Scientists unearthed a well-preserved fossil skeleton in Germany that could unlock the history of ancient flying reptiles … And here are our top photos of the day.

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