Most Recent
TikTok settles for over $100 million in mental health lawsuit, Alabama AG says
The Alabama Attorney General’s Office announced Friday it reached a minimum $100 million settlement deal with TikTok and its parent company, ByteDance, days before a state court was set to hear arguments surrounding the app's potential mental health effects on minors. TikTok has 45 days to respond to the settlement, which could balloon to $300...
Appeals court rules against Kalshi, says prediction markets can be regulated like gambling
The 6th U.S. Circuit Court of Appeals ruled against the prediction market Kalshi on Friday, determining states can regulate prediction market platforms like gambling in the latest blow to the industry. In a unanimous ruling, the three-judge panel sided with Ohio and Tennessee, finding Kalshi did not show its sports-event contracts are "swaps" that typically...
Appeals court rules against Kalshi, says prediction markets can be regulated like gambling
The 6th U.S. Circuit Court of Appeals ruled against the prediction market Kalshi on Friday, determining states can regulate prediction market platforms like gambling in the latest blow to the industry. In a unanimous ruling, the three-judge panel sided with Ohio and Tennessee, finding Kalshi did not show its sports-event contracts are "swaps" that typically...
33 new Costco stores announced. Here's what we know about their locations
The bulk retail chain will open 33 new Costco warehouse in fiscal year 2027, Vachris said in earnings call wrapping up the 2026 fiscal year.
Consumer confidence dips in September amid inflation concerns
U.S. consumer sentiment dipped to a four-month low in September amid rising inflation rates and mounting cost-of-living concerns, according to survey results released Friday. The University of Michigan Surveys of Consumers index found that consumer confidence slipped to a reading of 48.1 in September, a 7 percent decrease from August and 15 percent less than...
Trump rules out Bessent as AI czar
President Trump said Friday he is ruling out Treasury Secretary Scott Bessent to serve as his artificial intelligence czar amid speculation the Cabinet member was under consideration. Trump, in a Truth Social post, said Bessent will not be the "Super Intelligence (SI) Czar," referring to his proposed rebranding of AI, because he "doesn't want to."...
Trump rules out Bessent as AI czar
President Trump said Friday he is ruling out Treasury Secretary Scott Bessent to serve as his artificial intelligence czar amid speculation the Cabinet member was under consideration. Trump, in a Truth Social post, said Bessent will not be the "Super Intelligence (SI) Czar," referring to his proposed rebranding of AI, because he "doesn't want to."...
'Give Like Dolly Day' brings Imagination Library donations from companies
The Imagination Library was inspired by Parton's father, who could not read or write.
Collins warns OMB about unspent global health funding
Sen. Susan Collins (R-Maine), who chairs the Senate Appropriations Committee, called on the Trump administration to spend more than $1 billion of global health funding that Congress has already appropriated before it expires Wednesday. In a letter sent to Secretary of State Marco Rubio, Office of Management and Budget (OMB) Director Russell Vought and Eric Ueland...
DC appeals court sides with Pentagon on blacklist of Anthropic
The U.S. Court of Appeals for the D.C. Circuit sided with the Trump administration in its blacklisting of the artificial intelligence firm Anthropic, allowing the Pentagon to label the AI firm a supply chain risk. The 2-1 ruling, issued Friday, rejected Anthropic's challenge of the designation, finding the Department of Defense had "ample support" for...