News Flash
Big Tech to Be Grilled by Congress: ‘Big Tobacco Moment?’, May 15, 2026
This summer, Big Tech titans will be put in the hot seat on Capitol Hill. On Friday, Axios reported that Senate Judiciary Committee Chairman Chuck Grassley, R-Iowa, has invited the CEOs of Meta, Alphabet, TikTok, and Snap for a June oversight hearing. Do you have problems with the content
Huntrix is finally going on tour. Who's actually singing?
Netflix announces global 'KPop Demon Hunters' concert tour with AEG Presents at Wednesday's Upfront — but the lineup is still anyone's guess. The Honmoon is about to be sealed at a stadium near you. Netflix has announced a global concert tour for its animated juggernaut
Macro & Micro Compass - Nearly 40% chances of stagflation by end of 2026, traders say
Markets now see a 40% chance of stagflation versus just 21% for a soft landing, reflecting fading economic optimism.
Is NewJeans returning as a trio?
Minji absent from Copenhagen sessions as comeback preparations begin NewJeans has begun preparations for a comeback, but without member Minji, raising questions about the group’s future lineup. Ador confirmed Tuesday that members Hyein, Haerin and Hanni recently traveled to Copenhagen for music production. Minji, however, was not part of
Politics DOJ ends Powell probe, lifts hurdle for Trump’s Fed chair nominee Warsh, Apr 24, 2026
* The Department of Justice dropped its criminal investigation of Federal Reserve Chair Jerome Powell. * The move by U.S. Attorney Jeanine Pirro removes a major hurdle to President Donald Trump’s nomination of Kevin Warsh to replace Powell. * Sen. Thom Tillis, a North Carolina Republican, had put an effective hold
Kalshi Win in New Jersey Fight Hailed as Big Victory Over States
A US appeals court ruling that Kalshi falls under CFTC oversight strengthens federal authority over fast-growing prediction markets, but a sharp dissent signals continuing state–federal clashes over gambling regulation.
CFTC Sues Illinois Over State Effort to Limit Prediction Markets
The CFTC has sued Illinois officials to block state gambling enforcement against prediction markets, escalating a jurisdictional clash over who regulates the booming industry.
Federal Reserve urges judge to deny bid to revive Jerome Powell probe subpoenas, Mar 26, 2026
Breaking: * The Federal Reserve’s Board of Governors urged a judge to reject prosecutors’ request that he reconsider his decision to quash subpoenas issued in a criminal investigation of Chair Jerome Powell. * U.S. Attorney Jeanine Pirro’s prosecutors say they are investigating Powell over cost overruns in renovations of
CFTC Forms New Task Force for Crypto, AI, and Prediction Markets
The CFTC launched an Innovation Task Force covering crypto, AI, and prediction markets. Michael J. Passalacqua will lead the new unit under Chairman Michael S. Selig. The task force will work with the Innovation Advisory Committee and coordinate with agencies, including the SEC.
Federal judge quashes Justice Department subpoenas of Fed Chair Jerome Powell, Mar 13, 2026
A federal judge has quashed subpoenas the Justice Department had issued against Federal Reserve Chair Jerome Powell, according to court documents unsealed Friday. The ruling is a major blow to President Donald Trump, who has repeatedly criticized Powell for not lowering interest rates, and an embarrassing setback for the DC
Federal Reserve Mounts Closed-Door Fight Against Justice Department Subpoenas, WSJ, Feb 26, 2026
U.S. Attorney Jeanine Pirro is investigating testimony Chair Jerome Powell provided last summer around building renovations, a probe he has called improper. The Federal Reserve is waging a behind-closed-doors legal challenge to a pair of subpoenas issued as part of U.S. Attorney Jeanine Pirro’s criminal
Polymarket buys fresh prediction market API startup Dome, marking second official acquisition
Onchain predictions market provider Polymarket has acquired the relatively fresh startup Dome for an undisclosed sum, according to an announcement on Thursday. Dome, part of startup accelerator Y Combinator’s Fall 2025 cohort, offers a unified API for prediction markets. In other words, it allows developers to build apps, bots,
