World News
A nationwide US flight suspension caused by a copper wire upgrade has prompted scrutiny of aviation infrastructure, while diplomatic tensions continue to rise with Ukraine's president stating the US has proposed ceding Donbas territory in exchange for NATO membership. Elsewhere, a major art dispute emerged over a Van Gogh painting sold at Sotheby's for $180 million that is now being challenged as potentially sold under duress, and Hungarian authorities uncovered $20 million during an investigation into an Orbán-era minister.
US Senate Bans Lawmakers From Betting on Prediction Markets
The United States Senate took decisive action on Thursday to prevent lawmakers from wagering on the very outcomes they…
Senate Votes to Ban Senators and Staff From Using Prediction Markets
S. Res. 708 prohibits senators and staff from using prediction markets, and became effective immediately upon passage.
Yen Surges After Japan Steps In as Markets Face Pressure
Japan intervened in the foreign-exchange market to support the yen, sending the currency up as much as 3% intraday,…
Australia’s Future (A2A) Payment Systems May Require Adaptation if Tokenized
Australia moved a step closer to its vision of a high-level account-to-account (A2A) payments system with the release of…
Jerome Powell Delivers Likely Last Speech, Rates Unchanged
The US Federal Reserve left interest rates unchanged at 3.5% to 3.75% after its April policy meeting, matching market…
Strait of Hormuz: Trump Rejects Iran’s Offer, Oil Prices Surge
Tensions are rising around the Strait of Hormuz after Trump refused to accept an Iranian proposal to reopen the maritime…
Powell Keeps Fed Governor Role Past May 15 in First Such Move Since 1948
Federal Reserve Chair Jerome Powell announced on Wednesday that he will remain on the Fed’s Board of Governors after his…
Senator Tillis Backs CLARITY Act Markup After Stablecoin Talks
Eleanor Terrett reported on X that Senator Thom Tillis is ready to push the CLARITY Act toward a markup after lawmakers…
Oil Price Tops $117 as Iran Blockade Fears Pressure XRP
Oil prices moved higher on Wednesday after reports said the U.S. prepared for a longer blockade of Iran’s ports.
Federal Reserve Holds Interest Rates Steady at 3.5–3.75%
The Federal Reserve held its benchmark interest rate unchanged on Wednesday, with the Federal Open Market Committee…
Brent Crude Climbs Above $115 as Trump Signals Longer Iran Naval Blockade
President Donald Trump directed aides to prepare for an extended naval blockade of Iranian ports, pushing Brent crude…
Senate Panel Clears Kevin Warsh 13-11, Setting up Fed Leadership Change Before May 15
The Senate Banking Committee voted 13-11 along party lines Wednesday to advance Kevin Warsh’s nomination as the next…
UAE withdrawal from OPEP impacts crypto markets
On April 28, the United Arab Emirates announced their withdrawal from OPEC after 59 years of membership, a major turning…
CFTC Backs Prediction Markets in Yet Another Lawsuit Against a State
CFTC Chair Mike Selig has vowed to sue any state that attempts to regulate prediction markets under its own gambling…
UAE to Officially Leave OPEC and OPEC+ in May After 59 Years
On April 28, 2026, the United Arab Emirates (UAE) Ministry of Energy officially announced its withdrawal from both OPEC…
Korea Tax Agency Recovers $23M by Tracing Hidden Overseas Assets
South Korea’s tax agency has recovered 33.9 billion won, or about $23 million, in unpaid taxes by tracking down hidden…
Iran’s New Proposal Tests US Red Lines on Hormuz and Nuclear Talks
Iran has put forward a new proposal that shifts the immediate focus from its nuclear program to the Strait of Hormuz,…
Fed Decision Looms: Powell’s Final Speech and Market Impact
The Federal Reserve is set to announce its April 29 policy decision, and markets already expect no change in interest…
UAE Quits OPEC After 59 Years, BTC Slides Below $76K Amid Hormuz Supply Shock
The United Arab Emirates officially withdrew from OPEC and the broader OPEC+ alliance on April 28, 2026, and bitcoin…
Donald Trump Scrutinized Over Family’s Ties With the Prediction Market
US President Donald Trump’s family’s involvement with prediction markets is delivering mixed feelings amid his criticism…
Trump Says Iran in “State of Collapse,” Signals Urgent Push to Reopen Hormuz Strait
In a recent Truth Social post, U.S President Donald Trump claimed that Iran has entered a “State of Collapse” and is…
Buffett Lumps Prediction Markets With Sports Betting in ‘Tax on Stupidity’ Rebuke
Warren Buffett used his first sit-down interview since stepping down as Berkshire Hathaway CEO to bundle prediction…
CLARITY Act Faces GOP Split as Tillis Demands Ethics Clause
The CLARITY ACT just hit a serious obstacle from within the Republican Party itself.
BOJ Holds Rates at 0.75% as Nikkei and Crypto Markets Slip
The Bank of Japan (BOJ) set its monetary policy stance on Tuesday with a 6–3 majority vote to uphold the…
Acting AG Todd Blanche confirms ‘code is not a crime’ in DOJ pivot
Acting US Attorney General Todd Blanche said developers will no longer be investigated or charged unless they knowingly…
US-Iran Talks Stall as Crypto, Stocks, and Oil Markets React
US oil prices rise toward $97 per barrel as stalled US-Iran peace talks and Strait of Hormuz disruption weigh on markets.
Trump Walks Back Prediction Market Criticism, Says 'Smart People' He Knows Like Them
Trump said last week he didn’t like prediction markets, but then changed his tune, arguing the U.S.