Tesla’s stock among S&P 500’s top gainers as investors prepare for a Cybercab launch
The company is seemingly getting closer to rolling out a vehicle that comes without a steering wheel or pedals.
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Kalshi CEO clashes with disgraced former Congressman George Santos in latest prediction market controversy
George Santos, the former lawmaker convicted of fraud, got in fresh trouble following his release from prison by making illegal bets on Kalshi. Then, hours after the Commodity Futures Trading Commission ordered the former U.S. representative to pay $35,000 for manipulative trading, Santos fired off a social media broadside, vowing to shut down the prediction market…
EPA Says Power for Data Centers Can Sidestep Pollution Laws
Power sources providing electricity only to data centers and not the public grid may not be subject to federal pollution laws, the U.S. Environmental Protection Agency said July 27. The EPA said if the power plants are not supplying electricity to the grid then they would not be subject to the federal Clean Air Act’s…
Trump calls for passage of a key cryptocurrency bill as it falters in the Senate: ‘We need Congress to take the next step’
The Clarity Act is running into resistance because it doesn’t limit the president’s lucrative crypto ventures.
AM Best Downgrades Financial Rating of Illinois’ Prime Insurance
AM Best has downgraded the Financial Strength Rating to B (Fair) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bb+” (Fair) from “a-” (Excellent) of Prime Insurance Company based in Chicago, Illinois. Concurrently, AM Best has maintained the under review with negative implications status for these Credit Ratings (ratings). The ratings of Prime…
Trust Administration as a Developmental System
An article in the January 2025 edition of Trusts & Estates explored Delaware’s new beneficiary well-being trust statute (well-being statute) from multiple angles, including that of a trust drafter, trust administrator and a consultant supporting the growth and development of trust beneficiaries.1 That article introduced self-determination theory (SDT) as a psychological construct through which “well-being”…
Airbnb (ABNB) Q2 earnings report
Airbnb CEO Brian Chesky during the Airbnb annual product event in San Francisco, California, May 20, 2026. David Paul Morris | Bloomberg | Getty Images Airbnb reported second-quarter results that topped analysts’ estimates and issued a better-than-expected forecast for the current period, citing strong demand “across all regions.” The stock jumped 9% in extended trading…
