Prediction markets are facing new congressional scrutiny after a large-scale wager on Venezuelan President Nicolás Maduro’s ouster by the Trump administration raised suspicions about insider trading in the rapidly growing industry. The popularity of companies like Polymarket and Kalshi has exploded since 2024, when a federal court ruled it was legal to bet on election...
Antsy lobbyists and lawyers, a buzzy press corps and the onslaught of news stories about the fate of President Trump's tariffs could lead one to believe it's the Supreme Court's opinion season climax — but it's only the beginning of a long term to come. As the Supreme Court begins releasing opinions, the trifecta of the financial, political and legal worlds are bracing for a potential game-changing ruling that stands to upend the global market. The unease is palpable, with...
President Trump said early Wednesday that anything less than U.S. control of Greenland would be “unacceptable” “The United States needs Greenland for the purpose of National Security. It is vital for the Golden Dome that we are building. NATO should be leading the way for us to get it. IF WE DON’T, RUSSIA OR CHINA...
President Trump announced early Wednesday that his administration will strip federal funding from sanctuary cities and states, in line with policies he promoted on the campaign trail. “EFFECTIVE FEBRUARY FIRST, NO MORE PAYMENTS WILL BE MADE BY THE FEDERAL GOVERNMENT TO STATES FOR THEIR CORRUPT CRIMINAL PROTECTION CENTERS KNOWN AS SANCTUARY CITIES,” the president wrote...
Three Minnesota Democratic congresswomen said that they were denied access to an Immigration and Customs Enforcement (ICE) processing center in Minneapolis on Saturday morning. In an interview with MS NOW after the incident, Minnesota Rep. Ilhan Omar said she and Reps. Angie Craig and Kelly Morrison were initially permitted to enter the building before being...
Federal Housing Finance Agency Director Bill Pulte indicated Friday that the Trump administration may be moving away from a 50-year mortgage proposal floated as a way to lower costs for homebuyers. “I think we have other priorities,” Pulte told reporters when asked if the White House was still considering the idea. His comments came just...
President Trump has proposed a ban on big investors buying single-family homes, in an effort to level the playing field and make homeownership more accessible to the average American family.
The U.S. is considering buying Greenland to secure its strategic interests in the Arctic, as Russia and China invest heavily in the region, and a negotiated transfer with compensation for Denmark would be the most effective way to secure the territory without resorting to force.
A federal judge signaled on Friday that she plans to block the Trump administration’s decision to end family reunification parole programs for citizens from seven Latin American countries. U.S. District Judge Indira Talwani, an Obama appointee, said during a hearing that she will issue a temporary restraining order on the Trump administration’s move by Monday,...
A federal judge on Friday barred the Trump administration from enforcing large parts of an executive order that seeks to overhaul the federal elections process, finding that the federal government lacks the authority to withhold funding from states that fail to comply. Judge John H. Chun, a Biden appointee, wrote in a 75-page ruling out...
Minneapolis police on Saturday said at least 30 people were detained during protests the night before after an immigration officer fatally shot an unarmed woman in her vehicle earlier this week. Large crowds gathered outside of a Canopy Hotel where some individuals forced their way into hotel through an alley entrance, according to a statement...
The killing of Renee Nicole Macklin Good by an Immigration and Customs Enforcement (ICE) officer in Minneapolis on Wednesday has sparked the fiercest protests yet over President Trump’s immigration policy and actions. The shooting of two people by a Border Patrol agent in Portland has also added fuel to the fire. Meanwhile, Trump and his...
Iran's Revolutionary Guard on Saturday said signaled security would be a “red line” amid the outbreak of protests and demonstrations across Tehran. The protests come in the wake of soaring inflation that turned political with people in the streets calling for the toppling of the regime. Some have ventured to damage public property, including a...
The U.S. Department of Agriculture (USDA) announced on Friday that it is suspending "federal financial awards" to Minnesota and Minneapolis amid a massive fraud investigation in the state. USDA Secretary Brooke Rollins wrote in a social media post on XF that “Enough is enough!,” citing prosecutors’ estimate that “billions” of federal dollars were lost in...
The man photographed toting a lectern from the office of former Speaker Nancy Pelosi (D-Calif.) during the Jan. 6, 2021, attack on the Capitol is now running for local office in Florida, according to election records. Records show Adam Johnson, a Republican, filed to run for an at-large seat on the Manatee County Commission on...