Prediction market firms face growing scrutiny as Congress weighs regulation
Rep. Bryan Steil, R-Wisc., is working on a bill to ban Congress members and their staff from certain bets on prediction markets such as Kalshi and Polymarket.
U.S. Senate passes $70 billion in new funds for ICE, Border Patrol
Nearly all of the funding would go to DHS’s ICE and Border Patrol agencies that are carrying out the Trump admin’s vigorous deportations throughout the U.S.
Warren invites Nvidia CEO Jensen Huang to Senate hearing on China AI chip sales
Sen. Elizabeth Warren is pressing Jensen Huang’s Nvidia over export controls, China sales, Trump and data-center policy as Congress scrutinizes the AI chip boom.
Lululemon cuts annual outlook and issues rough Q2 guidance, citing undisclosed ‘headwinds’
Lululemon is expecting its situation to get a lot worse before it gets better, as it issued weak guidance for the full year.
Trump says he could meet Iran’s supreme leader ‘if it was to make a deal’
President Donald Trump on Thursday said he would be “honored” to meet Iranian Supreme Leader Ayatollah Mojtaba Khamenei. Read more Eli Manning’s private equity firm acquires licensing company for NFL Flag in bet on youth sports The U.S. president said he would meet the Iranian leader if a deal is reached to end the U.S.-Iran […]
Eli Manning’s private equity firm acquires licensing company for NFL Flag in bet on youth sports
Eli Manning’s Brand Velocity Group announced a deal to acquire youth sports company RCX amid congressional bill to ban private equity from youth sports.
Trump says Pulte won’t be permanent national intelligence director
President Donald Trump said Thursday that Acting Director of National Intelligence Bill Pulte will not be appointed to that position permanently. Read more Trump’s ‘big beautiful bill’ has a ‘double taxation’ trap for top earners, tax experts say Trump’s comment came two days after he tapped Pulte, who leads the Federal Housing Finance Agency as […]
Trump’s ‘big beautiful bill’ has a ‘double taxation’ trap for top earners, tax experts say
A new guide by Congress’ tax policy staff indicates that trust income can be taxed twice.
Arizona Supreme Court denies prosecutor appeal against sending fake elector case back to grand jury
The Arizona Supreme Court has denied a prosecutor’s appeal of an order that the state’s fake elector case be sent back to a grand jury.
Why institutional investors are returning to retail ‘in a very big way’
Investment transaction volumes reached more than $15 billion during the first quarter, an increase of 5% compared with Q1 2025, according to JLL.