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Iran war’s big winners: Wall Street, weapons firms, AI and green energy

regulators have pledged to crack down on insider trading in prediction markets following suspiciously well

French police probe suspected weather device tampering after odd Polymarket bet

prediction markets, lawmakers have proposed a flurry of actions to rein in the sites and dozens of states have launched lawsuits aiming to have the apps regulated

Prediction market Kalshi to give $2m to problem gambling group as it fights ‘gambling’ label

prediction markets allow users to bet – or “trade” – on the outcome of almost anything, from elections to sports to geopolitical events, the industry has vehemently fought efforts by state officials to regulate

Takeaways from Iowa's primaries. And, DOJ nixes Trump's 'anti-weaponization' fund

regulators are investigating former New York Congressman George Santos for [allegedly betting on his attendance](https://www.npr.org/2026/06/02/nx-s1-5843371/george-santos-kalshi-insider-trading-investigation) at February's State of the Union address on the prediction market

Number of billionaires globally could reach 4,000 in next five years

regulation were pushing the super-rich to a smaller group of cities that offer “opportunity and predictability”. Rory Penn, who chairs the private office business at Knight Frank, said that wealth creation was rising against

The clipping economy: How short-form video 'clippers' are overrunning the internet

prediction market site, [was offering](https://web.archive.org/web/20260319040642/https://contentrewards.com/discover) 50 cents per thousand views, with a total budget of $70,000 for clippers to fight over. ### Is social media 'getting gamed by these clippers

Israel and Lebanon extend ceasefire. And, Trump eases medical marijuana rules

prediction market wagers.** Federal prosecutors yesterday unsealed an indictment against U.S. Army Special Forces soldier Gannon Ken Van Dyke, accusing him of reaping more than $400,000 in profits on Polymarket by using insider knowledge

‘The FDA is a complete mess’: Trump makes fate of agency chief unclear as public trust plummits

predictability, especially because the drug development process is a multi-year process, said Peter Lurie, executive director of the Center for Science in the Public Interest and a former FDA associate commissioner. “Public trust

US reclassifies some marijuana products as less dangerous drug

regulating drugs. Schedule III is for substances with “a moderate to low potential for physical and psychological dependence”. “This rescheduling action allows for research on the safety and efficacy of this substance, ultimately providing patients

Ministers urged to act as households in Great Britain face energy bill ‘anxiety’

market experts](https://www.theguardian.com/money/2026/may/19/energy-bills-rise-july-gas-electricity-prices-cap-great-britain-iran-war) at the consultancy Cornwall Insight. They warned that the quarterly price cap is likely to remain above pre-crisis levels into early winter even if tensions ease, leaving households exposed

Energy bills will rise by £200 in July to nearly £1,900 a year, forecast says

regulator determines the maximum price of each unit of gas and electricity based on the cost of supplying energy to homes, including the average wholesale market costs in the months leading up to the start

MPs urged to ignore fearmongering and pass Labor’s ‘long overdue’ negative gearing and CGT changes

market toward first home buyers [instead of property investors](https://www.theguardian.com/news/2026/may/13/australia-federal-budget-2026-tax-capital-gains-negative-gearing-housing-one-big-chart). Maiy Azize, of housing advocacy group Everybody’s Home, said there was “no excuse for landlords to hike rents because of these changes

Florida sues OpenAI and Sam Altman over alleged safety lapses

market value at unacceptable costs." [![An illustration of a woman reaching out toward an artificial person. She is standing within a 3D grid with floating chat bubbles and other people confined in transparent boxes

'Britain at the heart of Europe': How Starmer's plans are going down in the EU

predicted. Especially when you think - it's the 10-year anniversary of the Brexit vote next month!" This was the response of an EU contact of mine, here in Brussels. He asked to remain anonymous

Squeals of horror over price caps – but how are we going to fix our broken food system?

predictable squeals of horror this week. [Supermarkets](https://www.theguardian.com/business/supermarkets) were reportedly “furious”, while luminaries from the former head of the Institute for Fiscal Studies to the former chair of M&S could be found