Author: franperez66q@protonmail.com

For most of the past year, it looked like prediction markets had kicked off a new golden age of fraud. On Polymarket, traders raked in fortunes from suspiciously timed bets on geopolitical events like the raid on Venezuela and the Iran War. It wasn’t clear whether the US government would bother pursuing some of the most flagrant bad actors, since Polymarket’s crypto-based platform was technically offshore and not regulated or licensed within the country. Now, however, the Commodity Futures Trading Commission, which oversees prediction markets, wants you to know that it’s watching very, very closely. The agency is searching for…

Read More

When Spirit Airlines shut down before dawn on May 2, work for pilot Steve Giordano was just beginning.Giordano, managing partner of the Nomadic Aviation Group, told CNBC he organized a massive repossession of more than 20 Spirit planes that lessors wanted returned. In just over a week, he said he and his team ferried 23 Spirit planes from airports around the country to the Arizona desert. Just hours earlier, those bright yellow Airbus jets had been flying Spirit customers.Giordano, who runs Nomadic with co-founder Bob Allen, was starting to hear in the late morning on May 1 that his team…

Read More

Andrew Feldman, co-founder and chief executive officer of Cerebras Systems Inc., center left, during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, May 14, 2026. Bloomberg | Bloomberg | Getty ImagesCerebras Systems’ raucous IPO this week gave investors a taste of what’s to come in artificial intelligence. But it also served as a reminder of how hard it is for non-AI companies to capture Wall Street’s attention. Shares of the AI chipmaker popped almost 70% in their market debut on Thursday, lifting the company’s market cap to about $95 billion. Only two…

Read More

BEIJING, CHINA – MAY 14: U.S. President Donald Trump and Chinese President Xi Jinping attend a welcome ceremony at the Great Hall of the People on May 14, 2026 in Beijing, China. Alex Wong | Getty Images News | Getty ImagesAs the leaders of the world’s two most powerful economies rekindled personal ties in Beijing on Thursday and Friday, with a cavalcade of American business leaders accompanying U.S. President Donald Trump, the Chinese capital turned into something of a spectacle. The visit — the first by a sitting U.S. president to China in nearly a decade — was full of…

Read More

When Volkswagen introduced the first Golf GTI in Europe in 1976, it might not have been the first hot hatchback, but it quickly became the gold standard version. Unlike in America, where big cars were cheap and fuel even cheaper, small European streets and even smaller car-buying budgets necessitated vehicles a little more economical in both size and fuel consumption. Small, front-wheel-drive hatchbacks were the answer, but they weren’t particularly exciting. The GTI changed that perception with a more powerful engine, sharper handling, and subtle styling tweaks, creating a recipe for the next 50 years. And today, VW showed off…

Read More

Russian President Vladimir Putin and Chinese President Xi Jinping pose for photos before their meeting in Beijing, China September 2, 2025. Sergey Bobylev | Via ReutersRussian President Vladimir Putin will meet his Chinese counterpart Xi Jinping in Beijing from May 19-20th, Moscow and Beijing said on Saturday.The meeting will take place less than a week after U.S. President Donald Trump’s meeting with Xi in Beijing, the second time the leaders of the two largest economies have met in less than a year.”The Russian President’s visit is timed to coincide with the 25th anniversary of the Treaty of Good-Neighbourliness and Friendly Cooperation, which serves as the basis for interstate relations,” Putin’s office…

Read More