A federal appeals court on Friday rejected Kalshi’s efforts to stop Nevada from regulating speculation on sporting events on its platform, handing states an important win in the battle over which level of government has authority to oversee the rapidly growing prediction-markets business. The 9th Circuit Court of Appeals said Kalshi failed to show that…
Vaping company Juul Labs on Friday received federal permission to sell an updated version of its e-cigarette, which includes an optional age-verification system designed to prevent underage use. The decision from the Food and Drug Administration allows the company to sell a new version of its top-selling vaping device for the first time since it…
Younger workers are more pessimistic and cynical about how artificial intelligence will affect their jobs than older employees, according to a recent survey. Generation Z Americans are the most critical of AI, with only a third of young employees speaking positively about its impact on the workplace, Glassdoor found in an analysis of workers’ attitudes…
The deadly flash flood in Nepal on Wednesday was likely caused by a huge chunk of a glacier that broke off and temporarily dammed a river, according to preliminary investigations by scientists. That may have led to the backed-up water surging downstream with enormous force a few hours later, they suggested. Scientists are still piecing…
New Delhi — Glaciers in the Hindu Kush region of the Himalaya mountains are melting at the fastest rate ever and could shed as much as 80% of their ice by the end of this century if global warming continues unchecked, a group of international scientists warned in an alarming new report. The study says…
Washington — Federal Reserve Governor Lisa Cook defended herself against allegations from the Trump administration that she made misrepresentations on mortgage documents, arguing in a new letter that she has “never committed mortgage fraud.” In the letter to the White House dated Wednesday, Abbe Lowell, Cook’s lawyer, said that attempting to fire Cook on the…
Three U.S. Secret Service employees have been placed on leave pending an investigation into “potential misconduct,” the agency confirmed late Tuesday. The impacted staffers include Chief of Communications Anthony Guglielmi and two other members of the Secret Service’s communications office, U.S. officials told CBS News. As part of the probe, the staff members lost their…
The Trump administration said it may need to demolish the Kennedy Center if a plan to close the building for two years as part of a controversial renovation project pushed by President Trump and the organization’s board of trustees is blocked by a federal judge. In a Tuesday court filing, the Justice Department said the…
A Trump administration effort aimed at discouraging Americans on food stamps from using the government nutritional aid to buy soda is having an impact, a new study shows. Recipients of Supplemental Nutrition Assistance Program benefits cut their sugary drink purchases by more than 12% from January to June of this year after new state-level restrictions…
Federal prosecutors are considering bringing criminal charges against an Immigration and Customs Enforcement officer who is accused of shooting a Venezuelan immigrant in the leg during the Trump administration’s federal immigration surge in Minnesota in January, according to multiple sources familiar with the deliberations. The officer, Christian Castro, was charged in May by local prosecutors…
