Economy
New York sues Kalshi, says its prediction markets are illegal gambling
New York’s attorney general sued prediction market operator Kalshi on Friday, claiming that its platform violates state laws against illegal…
Category: Economy
Economy
Economy
George Santos agrees to $35,000 settlement in federal probe over Kalshi trades
Disgraced former congressman George Santos agreed Friday to pay $35,000 to settle a federal investigation into his suspicious trades on…
Economy
WestJet flight attendants to end strike after reaching tentative wage deal
The union representing flight attendants at Canada’s WestJet reached a tentative deal with the country’s second-largest carrier on Monday, ending…
Economy
New Jersey sues Amazon, alleging poor pay and conditions for drivers
New Jersey sued Amazon.com on Tuesday, accusing the online retailer of abusing its market power over independent delivery drivers in…
Economy
Group including Amazon founder Jeff Bezos to buy minority stake in Liverpool
A consortium including Amazon founder Jeff Bezos has reached a definitive agreement to buy a minority stake in Liverpool, the…
Economy
Perez Hilton hospitalized after reports he livestreamed self-harm, sheriff’s officials say
Police said they attended the Miami-area home of celebrity blogger and podcaster Perez Hilton, after they received reports that he…
Economy
McDonald’s struggles to attract bargain-hungry customers
Having trouble figuring out this economy? So is McDonald’s. The fast-food giant reported its slowest U.S. sales growth in over…
Economy
China announces countermeasures against Washington, including controls on drone exports to U.S.
BANGKOK — China announced a series of economic measures Wednesday against the United States, including controls on exports of drones…
Economy
SpaceX hit by surging AI costs as insiders prepare to sell their shares
For a rocket company, SpaceX is spending a lot of money to build out its AI capacities. Too much, according…
Economy
Stocks rise and interest rates slide after inflation report
Stocks rose and bond yields fell Thursday after a fresh read on business inflation showed prices were broadly flat in…