Author: Editor-In-Chief
A sign in Calci that reads, “Think about what J.D. Vance would say in his speech?” Bitcoin 2025 Conference to be held on Tuesday, May 27, 2025 in Las Vegas, Nevada, USA. Bridget Bennett Bloomberg | Getty ImagesPrediction market platform Kalsi processed more than $17 billion in various trading contracts in May. This is a record amount, an increase of over 2500% from the previous year.But while individuals have driven Kalsi’s astronomical growth over the past year, the company has been focused on a new push for 2026: institutional adoption. Less than a year after trading volumes began to consistently…
Inflation in the euro zone rose to an estimated 3.2% in May due to soaring energy prices. This was in line with expectations in a Reuters survey of economists. Energy costs in May were the highest in terms of annual inflation, with prices rising by 10.9%, preliminary data showed. This was a slight increase from the 10.8% growth in euro area energy prices recorded in the previous month. Services inflation rose to 3.5% from 3% in April, while food, alcohol and tobacco prices fell to 2% from 2.4% the previous month. Inflation rates also varied widely across individual markets. In…
A “Now Hiring” sign is displayed in front of a recruiter speaking to a job applicant at the WorkSource North Seattle Career Fair on Tuesday, February 10, 2026 in Seattle, Washington, USA.David Ryder Bloomberg | Getty ImagesKalsi traders expect job creation to slow in May but still beat the Dow Jones consensus. Dow Jones expects the May nonfarm payrolls report, released Friday by the Bureau of Labor Statistics, to add 90,000 jobs. The consensus reflects an expected decline in nonfarm payrolls from April’s record 115,000 and March’s 185,000, the highest so far this year. Kalsi traders on Monday had estimated…
On March 29, 2026, members of the United Auto Workers union rally to demand better wages as contract negotiations begin with Douch Co. in Three Rivers, Michigan.Jim West | Universal Images Group | Getty ImagesDETROIT — Nearly 1,000 workers work at supplier factories in Michigan that make parts. general motors Pickup trucks went on strike on Monday after failing to reach a new contract with the company.The United Auto Workers union said Monday that workers at an axle and parts plant in Three Rivers, Michigan, dauch corporation The company, formerly known as American Axle and Manufacturing, exited the factory and…
summary Russia launched a major drone and missile attack on Kiev early Tuesday. Ukrainian authorities are concerned that people may be trapped under the rubble of the apartment building. Russia had previously threatened to step up attacks on Kiev and called on foreign diplomats to leave the capital. AI-generated summaries were reviewed by CNN editors. Kyiv, Ukraine — Russia launched a major deadly attack on the Ukrainian capital Kiev early Tuesday, damaging residential buildings, authorities said, as part of a broader attack on targets across the country. At least 13 people were killed in an overnight attack involving more than…
Ralph Lauren famously said, “I don’t design clothes. I design dreams.”In 2025, the retailer’s stock price was an investor’s dream, rising more than 50%. 2026 was less of a dream and more of a reality, with an increase of just 4%. And with earnings now in the rearview mirror and no meaningful catalysts on the near-term horizon, the stock looks poised to digest recent moves in a tighter range, making short stranding an attractive way to collect premium here.With RL trading in the mid-$360s, selling the June 18 330 put/390 call strang run at a premium of about $6.00 defines…
In late May, Pope Leo During the meeting, he discussed a wide range of AI-related topics, including the need for policy and legal frameworks as technology evolves, and the risks of concentrating power in the hands of a few. He also addressed the conversation surrounding the relationship between AI and humans.”So-called artificial intelligence has no experience, has no body, does not feel pleasure or pain, does not mature through human relationships, and does not know from within what love, work, friendship, and responsibility mean,” he wrote.He added: “They may imitate language, behavior, analytical skills, they may imitate empathy and understanding,…
An Amazon employee delivers an Amazon package on February 2, 2026 in San Francisco, California.David Paul Morris | Bloomberg | Getty ImagesAmazon’s The annual Prime Day event will be held over four days from June 23rd to June 26th for the second year in a row. Launched in 2015, Prime Day is Amazon’s initiative to organize a holiday-like shopping event in the middle of the year. It also serves as a way for Amazon to attract new members to its $139-a-year loyalty program and promote its products and services. Jamil Ghani, Amazon’s vice president of Prime, said in an interview…
TorontoAP — Prime Minister Mark Carney said Monday that Canada is failing Jewish Canadians and that the community is being brutally targeted by hate. Carney said anti-Semitism across Canada has risen to levels not seen since World War II. He noted that last year, more than two-thirds of all religiously motivated hate crimes were directed against Jewish Canadians. Jews make up only 1% of the population. “The fear and shame is global. Our action must be local, and it starts with a clear recognition that Canada’s civil agreement betrays Jewish Canadians,” Carney said at Toronto’s Holy Blossom Temple. Carney said…
Check out the companies making the biggest moves at midday: MGM Resorts International — Shares soared 16% after Barry Diller’s People Inc. offered to buy the company for $48.30 per share in cash. Mr. Diller, who is also a member of MGM’s board of directors, said he would recuse himself from board discussion of the proposal. Zoom Communications — Shares of the work platform soared more than 11% after Anthropic, in which Zoom was an early investor, secretly filed a prospectus with regulators for an initial public offering. Veeva Systems — The life sciences-focused cloud-based software company is headed for…