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Inside the booming market for US midterm election bets

Betting on US midterm elections has surged this year on Polymarket and Kalshi, prediction markets that rose to prominence in 2024 when they bucked traditional opinion polls in signaling that President Donald Trump would win the presidency. The markets allow traders to buy and sell binary "yes" or "no" contracts on an array of race outcomes, such as which party will control Congress and which candidate will win individual races, as well as on questions such as when candidates may drop out. Although election bets remain a small slice of overall trading on prediction markets, some policymakers a

China September new bank loans jump more than expected on stimulus, seasonal boost

Europe leads the world on AI rules. So why is it missing from the AI safety debate?

Interview|Political

Opportunities and risks for James Talarico in tonight’s CNN & Jubilee Town Hall

James Talarico’s bid to become the first Democrat in a generation to win statewide in Texas after three decades of disappointments is in its final stretch.The Democratic state representative is set to appear on CNN at 8 p.m. ET Wednesday for a joint town hall with Jubilee, moderated by Erin Burnett.It comes just days before early voting begins in Talarico’s race against Republican Attorney General Ken Paxton in one of the most important contests on the map, as Democrats seek the net gain of four seats they’d need to win majority control of the Senate.In a sign of how critical the Texas r

Wall Street firms tie bonuses, promotions to AI skills, survey finds

BlackRock draws $205 billion in client funds as quarterly profit beats estimates

Business|Economy|Finance|Stock Markets|Technology

Nasdaq ends sharply lower as hot inflation data stirs rate-hike worries

Hotter-than-expected inflation data sent the Nasdaq to a sharply lower close on Wednesday, with worries about more interest rate hikes from the Federal Reserve pummeling shares of Oracle, CoreWeave and other AI stocks sensitive to higher borrowing costs. Increased bets that the Fed will need more rate hikes to tame inflation dealt a sharp blow to some of the market's biggest gainers of 2026. Oracle lost 8.8%, while AI-infrastructure firms CoreWeave and Nebius tumbled 15% and 10%, respectively.Dell and Hewlett Packard Enterprise sank 11.4% and 8.2%, respectively, after Barclays downgraded the

Ohio's working-class voters rethink support for Trump and the Republican Party

No signs of new EU debt crisis, but prudent fiscal policy is needed - Dombrovskis

US News

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Trump admin silent as Russia hits American businesses with ‘drones and missiles’ in Ukraine

As President Donald Trump and his administration have ratcheted up pressure on Ukraine to stop striking Russian refineries, citing harm to American consumers, they have remained silent on recent Russian strikes on US businesses in Ukraine.Russia has escalated its attacks on facilities tied to American corporations – and civilian infrastructure in Ukraine writ large – over the past several months.According to Andy Hunder, the President of the American Chamber of Commerce in Ukraine, Russian missiles and drones have damaged facilities belonging to some of America’s most notable brands, inc

Election|Political|US

James Talarico has Democrats dreaming big after decades of dashed hopes in Texas

Democrats have been dreaming big in Texas for decades, awash in optimism that this could finally be the year to win a US Senate seat.For the first time, lifelong Republican Pete Nodecker is joining them, planning to cast his ballot for James Talarico when early voting begins here next week.“I’m rather disillusioned with the Republican Party,” said Nodecker, 81, a retired restaurant supplier. “The Republican Party has been hijacked. They’re not the Republican Party that I was a member of for all my life.”In the final three weeks of the fall campaign, Talarico is seeking to build a c

Trump's ambassador to Greece, Kimberly Guilfoyle, resigns after allegations of improper conduct

Trump says US still sharing intel, even as Ukraine reports attacks with no warnings

Europe|MidEast|Political|US|World

Trump fires ambassador to Greece Guilfoyle after reports of misconduct

The White House said on Tuesday it had asked US Ambassador to Greece Kimberly Guilfoyle to resign after a series of news reports raised concerns she sold access to Trump administration officials in exchange for money, gifts and favors.US President Donald Trump had said on Monday that he was considering firing Guilfoyle, who was once engaged to his son Donald Trump Jr. On Tuesday, he told reporters: "She was doing a good job, but we didn't like what we were reading." US lawmakers had raised the alarm after a series of stories in the Wall Street Journal beginning last month that detailed Guilfo

Crime|Political|US

Jury selection begins in federal death penalty trial of Buffalo, NY, supermarket mass shooter

Jury selection began Tuesday in the federal hate crime trial of a man who admitted to killing 10 Black people in a massacre at a New York supermarket in 2022, a case that could lead to a rare death sentence. Payton Gendron is already spending life in prison after pleading guilty to state murder charges and tearfully renouncing his white supremacist views. He now faces a trial in federal court arising from the same mass shooting. The stakes are high: If convicted, the 23-year-old could face the death penalty. The attack at the Tops Friendly Market in Buffalo is beli

Kyiv says Russia hits energy targets despite Trump ceasefire announcement

Emergency help was delayed by confusion after failed execution of Christa Pike, 911 calls reveal

World News

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Pope Leo is eating, celebrating Mass and walking after cancer surgery, but trip is in question

Pope Leo XIV resumed his regular diet, began walking and celebrated Mass in the hospital Wednesday as he recovered from surgery to remove a cancerous mass from his lung, the Vatican said. Questions remained about whether the cancer had spread, while Peru’s president suggested Leo might have to alter his planned visit to Latin America next month. Blood tests and a chest X-ray showed the 71-year-old pope was recovering normally, his two doctors said. “The Holy Father underwent respiratory physiotherapy and has begun walking in his room. He resumed his regular die

Europe|Political|Science|Technology|World

Ukraine says Starlink restriction disrupting military as Musk claims US controls those systems

Ukrainian authorities say Starlink has restricted some military internet services, disrupting operations amid an escalating dispute with the Trump administration.Ukrainian authorities said they were caught off-guard by restrictions on the military-grade version of Elon Musk’s Starlink, called Starshield.Starshield systems are owned and controlled by the US government and that any limits on its speed or usage are up to the US military and president, SpaceX CEO Musk said on his social media platform X, adding that Starlink is a commercial service owned and controlled by SpaceX and is limited t

Russia detains Japanese journalist on suspicion of spying

Atlanta Dream to host Finals Games 3 and 4 in much larger arena after days-long drama

Arts|Sports|World

Michael Jordan jersey sets $14 million record for basketball memorabilia, auction house says

A game-worn, autographed Michael Jordan road jersey from the 1998 NBA Finals has been privately sold for $14 million, an auction house announced Monday, calling it the highest price ever paid for a piece of basketball memorabilia. Pennsylvania-based Hunt Auctions announced the private treaty sale and identified the buyer as Miami real estate investor Ron Firman. The red jersey is the one Jordan wore in Game 2 of that series on June 5, 1998; he and the Chicago Bulls beat the Utah Jazz that night to even the matchup at a game apiece. Jordan and the Bulls would go on

Crime|Economy|Sports|World

A man struck by an ICE vehicle broke both his legs. Here’s what we know

One moment, a man is seen running through a parking lot near Houston as an unmarked black SUV appears to pursue him from behind. Seconds later, the man is seen lying on the ground.Exactly what happened in between remains a mystery as authorities investigate. In surveillance video obtained by CNN, the moment of impact is blocked by a parked pickup truck.In an interview with CNN Monday, the man’s brother said the other man in the truck was not the person ICE said it was trying to arrest.The incident happened just days after an ICE-involved shooting in New York City in which agents shot and wou

One teen killed, others wounded, after explosion on Israeli school trip near Lebanon border

Fire destroys French capital's 'Enfants Rouges' covered food market

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Interview|Political

Opportunities and risks for James Talarico in tonight’s CNN & Jubilee Town Hall

Business|Economy

High gasoline prices expected to boost US consumer inflation in September

US consumer prices likely surged in September, driven by rising gasoline and food costs, and adding to a string of unfavorable developments for President Donald Trump

Arts|Economy|Europe|Finance

ECB President Christine Lagarde signals no intervention in France’s fiscal crisis

Political

Judge says Trump press ban likely violates First Amendment

Arts|Election|Finance|MidEast

Trump’s foreign policy, Epstein and corruption allegations loom over Senate debates in Maine, Georgia and Iowa

Why billions spent on defense haven’t shielded Saudi Arabia from Houthi attacks

Business|Economy|Political

Fact check: Breaking down Trump’s rosy comparison to gas prices under Biden

Business|Economy|Finance

Bank of America fined $1.2 billion by Treasury Department for violating money laundering and sanctions laws

Political

White House officials question how long Katie Zacharia can last after ‘brutal’ press briefing

Arts|Business|Economy

US hits Bank of America with $1.2 billion fine, saying it violated money laundering, sanctions laws

The U.S. Treasury Department says it’s imposing $1.2 billion in fines on Bank of America for allegedly violating anti-money laundering and sanctions laws

California & Local

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Local

From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools

An LA digital advertising veteran of 28 years has moved to Scottsdale and is building what he calls the missing piece between business software and the AI assistants people now use every day. SCOTTSDALE, AZ. When Benoit Pecqueur talks about his latest company, he sounds less like a founder pitching a product and more like an operator who got tired of watching the same problem repeat itself. “Most small business owners are watching the AI revolution from the sidelines,” he says. “Not because they don’t want it. Because their tools don’t talk to ChatGPT or Claude. Their accountant still pulls