SEC Delays Approval of Prediction-Market ETFs Amid Growing Scrutiny
More than two dozen exchange-traded funds (ETFs) tied to real-world events such as elections, recessions, and tech layoffs are awaiting regulatory clearance from the U.S. Securities and Exchange Commission. Asset managers including Roundhill Investments,...
Kennedy Shifts Health Agenda as Midterms Approach Amid Vaccine Policy Backlash
U.S. Health Secretary Robert F. Kennedy Jr. is recalibrating his policy agenda to align with White House priorities ahead of the November midterm elections, following criticism over his stance on vaccines. According to Reuters,...
Rising Fuel Costs Drag U.S. Restaurant Sales Growth
Several major U.S. restaurant chains, including Wingstop and Domino’s, have reported weaker-than-expected sales growth in the latest quarter, attributing the slowdown to soaring gasoline prices triggered by the ongoing U.S.-Israeli war on Iran. As...
New Mexico Trial Targets Meta Over Alleged Harm to Young Users
A high-stakes trial has begun in New Mexico to examine claims that Meta’s platforms — Facebook, Instagram, and WhatsApp — have negatively impacted the mental health of young users. The case, led by Attorney...
U.S. Charges Sinaloa Governor in Major Cartel Crackdown
The United States Department of Justice has charged Sinaloa Governor Ruben Rocha and several other officials for their alleged involvement with the Sinaloa Cartel, marking a significant escalation in Washington’s fight against organized crime....
Trump to Launch ‘TrumpIRA.gov’ to Expand Retirement Access for Workers
U.S. President Donald Trump is set to sign an executive order on Thursday aimed at widening access to retirement savings plans for workers who lack employer-sponsored options. According to a White House official, the...
U.S. Banks Face Uncertainty Over Proposed Order on Customer Citizenship Data
U.S. banks are grappling with uncertainty over a potential White House executive order that would require them to collect customers’ citizenship or immigration status. Treasury Secretary Scott Bessent recently indicated that the administration is...
U.S. House Passes Budget Plan Advancing $70 Billion for Immigration Enforcement
The U.S. House of Representatives has narrowly approved a three-year budget plan that sets the stage for Congress to consider an additional $70 billion in funding for federal immigration enforcement. The measure passed with...
U.S. Supreme Court Weakens Voting Rights Act in Louisiana Redistricting Case
The U.S. Supreme Court on Wednesday delivered a 6–3 ruling that significantly undercuts a key provision of the Voting Rights Act, raising the legal threshold for racial minorities to challenge electoral maps as discriminatory....
U.S. Supreme Court Weighs Trump Move to End TPS for Haitians and Syrians
The U.S. Supreme Court on Wednesday heard arguments over efforts by Donald Trump’s administration to revoke Temporary Protected Status (TPS) for hundreds of thousands of immigrants from Haiti and Syria. The case stems from...