Author: franperez66q@protonmail.com

Gen Z and millennials are far more likely to get into prediction markets than their elders, but there’s a good chance many aren’t making money on the platforms. Nearly a third of Gen Zers (32%) and almost a quarter (24%) of millennials say they are currently or considering putting their money into prediction markets or sports betting, a Northwestern Mutual study found in January. That’s compared with just 17% of all U.S. adults and much smaller shares of Gen Xers and baby boomers. The survey grouped prediction markets and sports betting together when asking if the nearly 4,400 U.S. respondents were…

Pennsylvania sues Character AI, says chatbot poses as doctors Source link

Intel headquarters in Santa Clara, California, on Jan. 22, 2026.Justin Sullivan | Getty ImagesIntel shares climbed 14% Tuesday, hitting a new all-time high as the chipmaker continued its historic run from April.The jump comes on a Bloomberg report that Apple is in talks with both Intel and Samsung to produce the main processors for its devices in the U.S. The iPhone maker has had a long-time reliance on chips from Taiwan Semiconductor Manufacturing Co.Intel and Samsung declined to comment on the report. Apple did not respond to a request for comment.The surge follows Intel’s best month in its 55 years…

Chris Naylor, also from Cardiff, said he contacted the council twice last week after his voting pack didn’t arrive, and was told that he could collect one from its headquarters the following afternoon on 1 May, as he was also going away on holiday the next day. Source link

DXY Outlook: FX Confusion As The U.S. Dollar Forms A Double Bottom – Can The Ceasefire Stand? Source link

Central banks risk a global recession by raising interest rates in a bid to contain soaring energy costs, an analyst has said.Julian Howard, chief multi-asset investment strategist at GAM Investments, warned that rate-setters are now “on the verge of policy mistake territory” as expectations of rate rises grow.Howard said that the traditional response to rising energy costs — ramping up borrowing costs — is an error given the supply-side nature of the energy price shock.”The kind of interest rates that are needed to actually stop people filling up their car, to stop people flying, would be seriously high, very, very…

LONG BEACH, Calif. — As the global automotive industry retreats from all-electric vehicles after reporting billions of dollars in losses, Ford Motor continues to move forward with its next generation of EVs that CEO Jim Farley has described as industry-defining products.Ford’s push comes despite a massive slowdown in EV adoption, $19.5 billion in electric vehicle restructuring charges for the company, the elimination of U.S. consumer incentives to buy EVs and the company’s leading EV executive abruptly departing.”Agility is key,” Ford’s EV product leader, Alan Clarke, told CNBC during an interview at the company’s new Electric Vehicle Development Center in Long…

Novo Nordisk’s weight-loss pill boom faces price war test Source link

The company confirmed to me that it is moving in a direction that other platforms have taken: converting users to the app. Reddit says that the test aims to find out if people like me—those who use the service but aren’t generally logged in—get a better experience with the app. I often prefer the open web and don’t really want one more app cluttering up my phone. And while I’m open to learning about the “much better” experience in the app, hardball blocking tactics seem an odd way to educate users about something supposedly in their own interests. (After clearing…

U.S. Secretary of Defense Pete Hegseth speaks during a press briefing at the Pentagon on May 5, 2026 in Arlington, Virginia.Chip Somodevilla | Getty ImagesDefense Secretary Pete Hegseth on Tuesday said the fragile ceasefire with Iran is still in effect, one day after Tehran attacked U.S. forces and the commercial vessels they were escorting through the Strait of Hormuz.”The ceasefire is not over,” Hegseth told reporters at a press briefing at the Pentagon.Iran’s aggression came in response to the U.S. launching “Project Freedom,” an effort to escort commercial ships out of the Persian Gulf, where many have been stranded since…