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Michael Burry attends the premiere of “The Big Short” at Ziegfeld Theatre on Nov. 23, 2015 in New York.Dimitrios Kambouris | Getty ImagesMichael Burry of “The Big Short” fame said he bought shares of regulated sports-betting operators DraftKings and Flutter Entertainment, anticipating regulators will eventually crack down on prediction markets after competition from the upstarts pressured the stocks.Burry said Wednesday he purchased a full-sized position split roughly 60% in Flutter and 40% in DraftKings, buying Flutter at about $107 a share and DraftKings in the low $26 range. He said he could eventually increase each holding into a full standalone…
With the purse strings tightening on federal aid, more families may need to turn to private lenders to help pay for higher education. Private student loans require good credit (or a creditworthy co-signer) and offer fewer borrower protections than federal loans, but they have some upsides, too — including higher borrowing limits and a range of repayment term options.A 0.25% interest-rate reduction for enrolling in autopay is commonplace. But some of our top picks for student loan lenders come with cash-back rewards, rate discounts and other financial incentives. We’re not talking credit-card-level perks, but if you have to take on…
Last week, thousands of SamKnows routers were bricked after a government program ran its course. In 2020, as part of a program conducted by the Australian Competition & Consumer Commission (ACCC), the Australian government’s chief competition regulator, thousands of volunteers received routers to help test and report on the typical speed and performance of broadband plans in Australia. (More specifically, the Measuring Broadband Australia (MBA) program targeted fixed-line broadband services provided over the NBN, Australia’s government-owned wholesale open-access broadband network, as well as services delivered over other access networks.) According to the final report that the ACCC distributed, the routers are…
President Donald Trump said Wednesday he may no longer be interested in even trying to reach a deal with Iran, hours after declaring their recent ceasefire agreement “over” in light of renewed hostilities in the Strait of Hormuz.”I’m not sure I want to make a deal with them,” Trump said of Tehran during a press conference in Ankara, Turkey, where he had traveled to attend a summit of the NATO military alliance.”We can play games, but I’m not sure I want to make a deal,” Trump said, adding, “Let’s just finish the job.”The president had been asked why he has…
A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions.As new GLP-1 drugs enter the U.S. market and landmark Medicare coverage rolls out, one thing remains the same: Most employers still aren’t covering those drugs for weight loss. Many health plans are actually finding ways around it.”It’s a battle to try to keep costs down,” Justin Held, director of educational programs at the nonprofit organization International Foundation of Employee Benefit Plans, said in an interview. “It seems like they’re not necessarily offering coverage…
Alignment Healthcare stock tumbles on whistleblower lawsuit Source link
OpenAI Ceo Sam Altman speaks to journalists after meeting with US House Minority Leader Hakeem Jeffries on Capitol Hill in Washington, DC, on June 3, 2026. Brendan Smialowski | AFP | Getty ImagesOpenAI said it will publicly release its GPT-5.6 Sol, Terra and Luna models on Thursday, roughly two weeks after the artificial intelligence company limited the rollout to a “small group of trusted partners” at the request of the U.S. government.”Happy building,” OpenAI CEO Sam Altman wrote in a post on X late Tuesday.OpenAI also announced a new generation of voice models, called GPT-Live, on Wednesday. The company said…
The home secretary will change the law so the freed ringleader of a Rochdale grooming gang can be deported, the BBC has been told.As first reported by the Telegraph, Shabana Mahmood is expected to set out on Monday how she plans to amend the 1971 Immigration Act which currently stops Shabir Ahmed being removed from the UK.Ahmed, 73, was jailed for 22 years in August 2012 for a number of child sexual offences including rape. He was released on licence last week.Known to his victims as “Daddy”, Ahmed had dual British-Pakistani citizenship but was stripped of the former following his…
President Donald Trump’s declaration that a ceasefire with Iran is over has traders betting on gains in crude oil and losses in airline stocks.There’s just one big catch: airline stocks are up since the war began.The U.S. Global Jets ETF is down 4% Wednesday, extending a two-day decline after challenging all-time highs last week. The group is up 10% since the U.S.-Iran war started on Feb. 28, during which crude oil soared as much as 78% before erasing the gain entirely, as of last week.Options trading in both crude oil and airline stocks suggests consumers may want to brace for…