The fight over who controls sports betting isn’t just about who gets the tax money. A new legal battle pits federal regulators against Arizona, with big implications for apps that let people bet on anything from games to elections. At the center? A company called Kalshi, which runs prediction market
A key financial leader has left xAI, the AI startup connected to SpaceX. The former CFO, Anthony Armstrong, stepped down recently. His departure comes as other top executives also exit, showing bigger changes inside the company. Armstrong had a big role before—helping with the purchase of X (formerl
Big loans for tech projects aren’t new, but a recent $8. 5 billion financing deal for CoreWeave is turning heads for a different reason. Instead of backing risky crypto mining operations, this loan focuses on building AI data centers packed with powerful GPUs. The shift shows how lenders are now bet
The Strait of Hormuz, a narrow waterway where many global oil shipments pass through, remains a key point of discussion between the UK and US governments. After Iran agreed to a temporary ceasefire, British Prime Minister Keir Starmer and US President Donald Trump spoke about speeding up efforts to
The World Bank is rumored to have a financial toolbox ready for countries hit hard by the Iran war. Inside that toolbox? Anywhere from 20 to 25 billion dollars, according to a fresh report. That money wouldn’t just sit idle—it would move fast, like an emergency loan sent overnight to keep economies
For years, central banks kept interest rates unusually low to help economies recover after tough times. The idea was simple: cheaper loans would encourage spending and investment, pushing growth forward. But something unexpected happened along the way. Instead of just helping struggling businesses,
Central Catholic High School in Southeast Portland buzzed with excitement when Senator Cory Booker made a spontaneous stop at the campus. The New Jersey senator was on a book tour that appears to be testing the waters for a future presidential run. Instead of a typical speech, Booker filmed himse
The state’s finance office has rolled out fresh rules on how local governments can tap a share of the gross receipts tax to rebuild neglected areas. These guidelines set out step‑by‑step application forms, how projects will be judged, and what reports must be filed. The goal is to give cities a clea
Germany has drafted new rules that will expand the list of places companies must consider when reporting taxes under the global minimum tax framework. The draft, released by the finance ministry, says that firms will need to check whether a country has a qualified domestic minimum top‑up tax.
The town’s Select Board and Finance Committee met to decide how much money would go toward new projects. They looked at the town’s total budget of $34. 66 million, which is about $1. 83 million less than last year’s amount. A big part of that money, 57 percent or $16. 47 million, is for the lo
