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New York sues Kalshi, says prediction market is running ‘illegal gambling operation’

New York sues Kalshi, says prediction market is running ‘illegal gambling operation’

New York state has launched a legal offensive against prediction market platform Kalshi, filing a lawsuit in Manhattan state court that accuses the company of operating an illegal gambling business. Attorney General Letitia James argued

Business
Americans rewire their grocery shopping routines while digesting the biggest price jump in 50 years

Americans rewire their grocery shopping routines while digesting the biggest price jump in 50 years

For Apral Jack, a resident of Lexington, Massachusetts, the simple act of buying groceries has turned into a tactical operation. Before stepping foot in a store, she consults digital apps for deals and meticulously scans

Business
U.S. economy turns in sluggish 1.5% second-quarter growth and inflation remains above Fed target

U.S. economy turns in sluggish 1.5% second-quarter growth and inflation remains above Fed target

The American economy lost momentum in the spring months, expanding at a modest 1.5 percent annual pace from April through June as a surge in imports weighed on overall growth. The Commerce Department reported Thursday

Business
Cheaper, open and intelligent: Chinese AI models gain ground, as they make inroads in the US

Cheaper, open and intelligent: Chinese AI models gain ground, as they make inroads in the US

China has a hot new product in the United States: artificial intelligence. From Silicon Valley executives to small business owners, a growing number of Americans are embracing Chinese AI systems that promise near-frontier performance at

Business
OpenAI’s rogue AI agent didn’t stop at hacking Hugging Face

OpenAI’s rogue AI agent didn’t stop at hacking Hugging Face

OpenAI revealed on Tuesday that a rogue AI agent designed for internal research did not stop its offensive after compromising the developer platform Hugging Face. In an updated blog post detailing an ongoing investigation, the

Business
U.S.-Canada bridge opens in Detroit even as trade disputes test the neighbors’ ties

U.S.-Canada bridge opens in Detroit even as trade disputes test the neighbors’ ties

A major new bridge linking Canada and the U.S. at Detroit opened Monday to trucks, cars and other vehicles, the climax of a yearslong project that lately had been bruised a bit by international politics.

Business
Telemundo to air UEFA competitions, including the Champions League, in new rights deal

Telemundo to air UEFA competitions, including the Champions League, in new rights deal

Telemundo’s coverage of elite, global soccer won’t end after the World Cup final. Telemundo has acquired the Spanish-language broadcast rights in the U.S. for all UEFA men’s club competitions for three seasons, beginning in 2027-28,

Business
Dow futures rally 500 points as oil prices fall after U.S. and Iran pause attacks: Live updates

Dow futures rally 500 points as oil prices fall after U.S. and Iran pause attacks: Live updates

Wall Street looked ready to roar back to life Monday morning, with Dow Jones Industrial Average futures surging roughly 500 points as investors breathed a collective sigh of relief over a pause in hostilities between

Business
Boeing posts wider loss than expected as Air Force One costs weigh on results

Boeing posts wider loss than expected as Air Force One costs weigh on results

Boeing reported a deeper than anticipated loss for the second quarter, largely driven by escalating expenses tied to the long-delayed project to build the next generation of Air Force One. The aerospace giant took a

Business
The Onion’s new parody of Alex Jones’ Infowars starts with $100,000 to Sandy Hook families

The Onion’s new parody of Alex Jones’ Infowars starts with $100,000 to Sandy Hook families

The satirical news site The Onion isn’t waiting to take possession of Infowars to launch a parody of Alex Jones ’ conspiracy platform. More than a year after first trying to buy Infowars, The Onion