May 1, 2006 5:10 PM

Investors High on Ethanol

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Wall Street Is Already Betting on Prediction Markets

As the legal war over how to regulate prediction markets rages on, financial institutions are embracing the industry anyway.

Kate Knibbs

MAGA Media Seems to Have Hit Its Breaking Point Over Iran

“The online right wasn’t supportive and there wasn’t anything that was going to change that,” says one person familiar with the Republican influencer pipeline.

Makena Kelly

Trump’s Economy Has Come for Sugar Babies

Amid the latest economic downturn, sugar babies are asking their daddies for stock market advice and taking on vanilla jobs to recession-proof their incomes.

Jason Parham

‘A Rigged and Dangerous Product’: The Wildest Week for Prediction Markets Yet

As the prediction market boom continues, backlash is growing, too, with Arizona filing criminal charges against Kalshi and public outcry after Polymarket traders threatened a journalist.

Kate Knibbs

Iran War Puts Global Energy Markets on the Brink of a Worst-Case Scenario

“This will be so, so, so, so, so bad,” one analyst says.

Molly Taft

Nobody Knows How to File Taxes on Prediction Market Wins

Americans flocked to prediction markets last year. Now, it’s time to pay taxes on winnings. How do you do that? Great question.

Kate Knibbs

With One Million Displaced, Lebanon Turns to Digital Wallets for Aid

Amid mass displacement and collapsing trust in institutions, digital wallets are becoming critical conduits for aid, connecting diaspora donors directly with communities on the ground.

Carla Sertin

OpenAI Buys Some Positive News

OpenAI is acquiring TBPN, a business talk show that’s popular among Silicon Valley elites, as it continues to battle its negative public image.

Maxwell Zeff

As the Strait of Hormuz Reopens, Global Shipping Will Take Months to Recover

After weeks of disruption, a ceasefire is easing pressure on the Strait of Hormuz. But backlogs, infrastructure damage, and delayed supply mean the system won’t return to normal overnight.

Jumana Naim

Shop Major Appliances at Maytag Starting at Under $300

Upgrade your home for less with these verified Maytag discount codes, military savings, and limited-time closeout offers on washers, dryers, and more.

Matthew Korfhage

Top Vimeo Promo Codes and Discounts: Up to 40% Off This April 2026

Enjoy 25% off a membership, 40% off, plus an additional 10% off annual plans, and more deals to save at Vimeo.

Louryn Strampe

A $20 Billion Crypto Scam Market Faces a New Government Crackdown

The Telegram-based Xinbi Guarantee black market sells services that help prop up scam operations. British officials just hit the highly lucrative marketplace with sweeping sanctions.

Matt Burgess