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Kalshi Has Been Temporarily Banned in Nevada - WIRED
A judge ordered Kalshi to immediately halt sports and election contracts in the state, intensifying a growing regulatory battle over prediction markets.
Iran War Puts Global Energy Markets on the Brink of a Worst-Case Scenario - WIRED
“This will be so, so, so, so, so bad,” one analyst says.
Small businesses reeling from tariffs brace for spiking oil prices - The Washington Post
Anxiety has pulsed through the small-business economy for months, even before the war in Iran began weighing on energy prices.
Traders Lift Bets on a Fed Hike This Year as Yields Surge - Bloomberg.com
US Treasuries sank and bond traders increased their bets on a Federal Reserve interest-rate hike by October to 50% as concern mounts that a protracted war in the Middle East could stoke global inflation.
Work from home and drive more slowly to save energy, global body urges - BBC
People should change how they travel, work and cook to tackle the energy price crisis, the International Energy Agency says.
The Most Powerful Tech Oligarch in America May Be Losing His Grip - Slate
With Trump’s help, he built a media empire. Now comes the hard part.