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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

What to watch in the CNN & Jubilee town hall with James Talarico

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. Viewers can stream it live with an All Access subscription.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

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

BlackRock profit jumps as resilient markets lift fees

Business|Economy|Finance|Stock Markets|Technology

S&P 500, Dow futures rise ahead of big bank results, CPI data

S&P 500 and Dow futures edged higher on Wednesday as AI-related stocks steadied after a recent selloff, though elevated oil prices kept investors on edge ahead of key inflation data and another round of bank earnings.Following a mixed bag of earnings from Wall Street lenders a day earlier, Bank of America, Morgan Stanley, BlackRock and State Street are set to report before markets open.Bank of America shares fell 1.5% in premarket trading after the company disclosed a $1.21 billion regulatory fine that could weigh on third-quarter results. Morgan Stanley shares edged 0.7% higher.Chip

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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Europe|Political|Science|Technology|World

Ukraine says SpaceX restricted Starlink services, disrupting military operations as Russian attacks continue

Ukrainian authorities say SpaceX has restricted Starlink internet services, disrupting military logistics and 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.“Our defense forces received no warning of this restriction, and this has led to the disruption of a number of missions,” Ukrainian presidential adviser Serhiy Beskrestnov said in a social media post. “It is clear that this action cannot be a coincidence and is linked to

Crime|World

Russia detains Japanese journalist on suspicion of spying

Russia said on Tuesday it had detained a Japanese journalist on suspicion of espionage and accused Tokyo of using media correspondents to gather intelligence, marking a new low in bilateral relations that have worsened sharply in recent months.Russia's Foreign Ministry identified the journalist as Yuki Imai and the FSB security agency said he worked for the Hokkaido Shimbun newspaper, which is a regional newspaper for Japan's northern island.He was detained in the far eastern Sakhalin region the day before he planned to leave the country, the FSB said without specifying the date. It accused h

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

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

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

World

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

One teenager was killed and others were wounded in an explosion during an Israeli school trip near the Lebanon border, according to Israeli emergency response services.The Israel Defense Forces (IDF) said an initial review by soldiers at the scene indicated that the explosion was caused by an unexploded Hezbollah munition that had fallen in the area. It’s unclear when the projectile was fired. Pictures released by the IDF showed a military helicopter evacuating patients for medical treatment.“Apparently, the suspicion is that an unexploded munition of some kind exploded in the hands of one

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

139 migrants, including children, die after boat capsizes off Djibouti

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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 money laundering and sanctions laws violations

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

Business|Election|Finance|Political

The Latest: Trump travels to Alaska to campaign for GOP candidates ahead of midterms

President Donald Trump has traveled to Alaska ahead of crucial midterm elections in an attempt to bolster a Republican incumbent senator

Business|Finance|Science|Technology

Apple just announced a new gadget that could be key to its AI push

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