Author: Editor-In-Chief
In this photo illustration, an online prediction market site’s app is displayed on an electronic device on February 25, 2026 in Chicago, Illinois. Scott Olson | Getty ImagesAs prediction market volume continues to grow and platforms increasingly focus on engaging with institutional investors, one startup is looking to make it easier to move funds on event contract exchanges.EDGE Markets, which operates a banking platform designed for predicting gambling and market spending, is set to debut two products it shared exclusively with CNBC ahead of Monday’s announcement. It will also reveal a $29.2 million Series A funding round led by venture…
In this photo illustration, an online prediction market site’s app is displayed on an electronic device on February 25, 2026 in Chicago, Illinois. Scott Olson | Getty ImagesAs prediction market volume continues to grow and platforms increasingly focus on engaging with institutional investors, one startup is looking to make it easier to move funds on event contract exchanges.EDGE Markets, which operates a banking platform designed for predicting gambling and market spending, is set to debut two products it shared exclusively with CNBC ahead of Monday’s announcement. It will also reveal a $29.2 million Series A funding round led by venture…
A federal judge said in Monday’s ruling that the fee is a tax that Trump does not have the authority to impose.Published June 8, 2026June 8, 2026A federal judge has canceled a $100,000 fee imposed by President Donald Trump on new H-1B visas for high-skilled foreign workers, concluding that it constitutes an illegal tax that Congress never authorized.U.S. District Judge Leo Sorokin issued a ruling in Boston on Monday in a lawsuit brought by 20 Democratic state attorneys general challenging fees that dramatically increased the cost of obtaining H-1B visas announced by President Trump in September.Recommended stories list of 4…
A United Airlines plane takes a taxi at Los Angeles International Airport on April 21, 2026 in Los Angeles, California.Justin Sullivan | Getty ImagesRio de Janeiro — united airlines CEO Scott Kirby said he doesn’t expect more airline consolidation in the U.S. and has no interest in further airline consolidation. american airlines I rejected the idea of this combination earlier this year.”United is not going to do a deal just for the sake of a deal,” Kirby told reporters on the sidelines of the International Air Transport Association’s annual meeting on Sunday.When asked about the wave of consolidation, loyalist This…
Former FTX CEO Sam Bankman Fried (left) and President Donald J. Trump.Reuters | Getty ImagesSam Bankman Fried has formally submitted a request for presidential pardon to President Donald Trump, according to information posted on the U.S. Department of Justice’s Office of Pardon Counsel website.The co-founder of the now-defunct FTX cryptocurrency exchange is currently serving a 25-year federal prison sentence after being convicted of orchestrating a massive fraud scheme that misappropriated billions of dollars in customer funds at FTX and its affiliated trading company Alameda Research. The exact date of the application is unclear, but according to Justice Department records, the…
President Donald Trump speaks before signing an executive order in the Oval Office of the White House on September 19, 2025 in Washington, DC. Andrew Harnik | Getty ImagesA federal judge on Monday struck down President Donald Trump’s policy that imposed a $100,000 fee on H-1B visa applications for employers.Judge Leo Sorokin declared the visa payment policy in violation of the federal Administrative Procedure Act and the Constitution in a ruling in the U.S. District Court for the District of Massachusetts.The H-1B policy was created in 1990 and is heavily used by major U.S. tech companies to attract highly skilled…
As Apple WWDC 2026 approaches, excitement is building to see what Apple has in store for us this year. From the Siri overhaul to the new Apple Intelligence update, there’s a lot to look forward to. The annual Worldwide Developer Conference starts today at 10am PT/1pm ET. For those who wish to attend, the event will be livestreamed through the Apple Developer app, Apple’s website, and the Apple YouTube channel. Siri’s AI shake-up The most anticipated announcement is a major upgrade to Siri’s AI, turning Siri into a more conversational assistant that understands context, handles multi-step tasks, and can interact…
U.S. Department of Agriculture Secretary Brooke Rollins said Monday that the U.S. food supply is “not at risk” with the return of the meat-eating screwworm maggot to Texas. “This is not a virus or a disease. It’s just a small pest, like a larva that lands on a wound in a calf, and we can treat it,” Rollins said in an interview on CNBC’s “Squawk Box.””We have boots on the ground… We can fight this off, but we’re going to do everything we can, investing over $1 billion to push this pest back into Mexico and eradicate it, just like…
After weeks of warning that continued Israeli attacks on Lebanon would jeopardize diplomacy, Iran launched its first direct attack on Israel in two months on Sunday night, raising fresh doubts about the prospects of a peace deal between the United States and Iran.Israel and the United States have sought to separate Israel’s occupation of southern Lebanon from the broader U.S.-Israel war against Iran, but Iran has consistently said it will not conclude a peace deal that does not extend to Lebanon.Recommended stories list of 3 itemsend of listLast night’s attack confirmed this.After Israel’s first attack on the southern outskirts of…
Armenian Prime Minister Nikol Pashinyan appeared poised to score a clear victory in Sunday’s closely watched parliamentary elections, but the vote results now defy easy geopolitical deals. In results released on Monday, Armenia’s Central Election Commission said Pashinyan’s ruling People’s Contract Party secured 49.81% of the vote, Reuters reported. This gives Mr. Pashinyan a significant lead over the opposition Strong Armenia party, but it means that it could lock him in against Russia, the country’s long-time security guarantor and trading partner, and deny him the sweeping powers he needs to negotiate a lasting peace with Azerbaijan, Armenia’s neighbor and longtime…