The New York City Council said Wednesday that it is investigating four prediction markets over allegations that the companies engage in deceptive marketing. The probe will examine the advertising practices of Gemini Titan, Kalshi and Polymarket, all of which are based in New York, as well as Texas-based Coinbase. “Prediction markets aggressively entice consumers to…
The Narendra Modi-led government has often declared proudly that its ministers do not resign under public pressure, unlike those from previous governments. However, that hubris was shattered on July 25 when Dharmendra Pradhan, India’s education minister, was forced to resign following widespread youth anger and resistance galvanised by the successful protest in New Delhi led…
Oil prices tumbled on Monday amid a pause in fighting between the U.S. and Iran, with U.S. Ambassador to the United Nations Mike Waltz saying Sunday on “Face the Nation with Margaret Brennan” that the break is aimed at “giving diplomacy some space.” Brent crude, the international benchmark, fell $6.35, or 6.6%, to $90.41 a barrel, while…
