Author: damazah@gmail.com

The CFTC has been suing states that try to regulate or ban prediction markets, saying it alone has jurisdiction over them. The CEA gives the CFTC exclusive jurisdiction over swaps, defined as “any agreement, contract, or transaction… that provides for any purchase, sale, payment, or delivery… that is dependent on the occurrence, nonoccurrence, or the extent of the occurrence of an event or contingency associated with a potential financial, economic, or commercial consequence.” Nelson wrote that sports event contracts offered on Kalshi are sports gambling, regardless of whether Kalshi calls them swaps. Quoting Shakespeare’s Romeo and Juliet—“that which we call…

On the campaign trail in Makerfield, Andy Burnham told a democracy activist that he favoured a political donations cap of around £500,000 and wanted it reduced over time. His government is now resisting amendments that would move in precisely that direction. Mr Burnham was right in May. He is wrong now. It is difficult to argue that restricting a single person to giving half a million pounds a year to a political party would damage democracy. Such a cap would only affect the mega-rich. Reducing the cap would force parties to wean themselves off the present regime that allows the…

Under a legal settlement, teenagers in the United States will have time limits put on their use of certain social-media platforms. Credit: Anna Barclay/GettySocial-media giant Meta has agreed to pay up to US$18 billion to US states and make changes to its Facebook and Instagram platforms, settling a legal case about whether its technology harms kids’ mental health. But how effective will these changes be in protecting children and teenagers?Is social media addictive for teens? US courts wade into scientific debateThe 26 August settlement, which is legally binding only in the United States, is the latest in a series of…

The Bayelsa State Table Tennis Association (BYSTTA) has honoured its athletes following their impressive performances at the Offiong Edem Foundation Table Tennis Tournament 0.6 in Calabar, Cross River State. The players were recognised at a reception and awards ceremony held on Thursday at The Fortress, the association’s headquarters on Oxbow Lake Road, Yenagoa. BYSTTA returned from the tournament, held from 13 to 15 August, with three championship titles. Nine-year-old Uzuazomiro Joshua, popularly known as Uzazo, emerged champion in both the Under-11 and Under-13 boys’ singles categories, while Matthew Natus John, captain of BYSTTA, won the men’s singles title. The tournament…

Waves of tributes poured in this week to Tennessee star Parton, whose best-loved tunes were also played across the nation, evidently.Her biggest streaming country-pop classic 9 to 5 was written for the 1980 film of the same name, and earned her an Oscar nomination as well as topping the US charts.Another of her tunes, Jolene – which finds her pleading with a stunning rival not to steal her man – re-entered the chart at number nine on Friday.The country anthem originally peaked at number seven in 1976 – her joint-highest UK chart placing. Her duet with Kenny Rogers, Islands in…

Beauty queen Chidimma Adetshina is digging in her heels in South Africa. She is the slender spike spearing the dead conscience of some jobless South African criminals who have turned xenophobia to employment. The abuse has been torrential. In no uncertain terms, the xenophobes have asked her to go home. The attacks got physical when a few of them attempted to assault her as she left court in a  deportation case that has drawn global attention. The optics doom South Africa. A glorious symbol of resistance to prejudice turned hotbed of discrimination. The immortal fathers of the anti-apartheid struggle must be…

A large fire has broken out at a waste facility close to Wembley Stadium in north-west London, disrupting tube and train lines in the area.Twenty fire engines and about 125 firefighters were sent to tackle the blaze at a mixed-waste facility on an industrial estate in Neasden, less than a mile from the venue.There was no service on the entire Metropolitan line, which runs close to the blaze, and no service between Wembley Park and West Hampstead on the Jubilee line, with severe delays on the rest of the line, Transport for London said.Rail services into London Marylebone were also…

The trade war that United States President Donald Trump has triggered with Canada is expected to hurt businesses in both countries.But experts say the damage to the Canadian economy will be worse, as the tit-for-tat tariffs have raised the chances of a recession.Recommended Stories list of 4 itemsend of listOn Saturday, the US imposed 50 percent tariffs on $20bn worth of Canadian goods after trade negotiations between the two countries collapsed. On Monday, Trump also threatened Canada with new 50 percent levies on all car products, starting January 1.On Tuesday, Prime Minister Mark Carney unveiled retaliatory measures against more than…

ToplineThe 10 top billionaire donors in the midterm elections alone have already given more than $734 billion, federal election records show, as high-profile billionaires like Marc Andreessen, Elon Musk, George Soros and the Winklevoss twins pour millions into federal races.Elon Musk on May 14 in Beijing. Copyright 2026 The Associated Press. All rights reserved.Key FactsBillionaires and the companies they control have made up nearly all of the top individual donors this election cycle, based on rankings compiled by The New York Times and Washington Post, with the full list of top donors rounded out by GOP- and Democratic-aligned nonprofits, crypto…

Labor Day offers one last hurrah for summer, a chance to reset for fall, and if you’re shopping, some choice end-of-season discounts.No matter your plans for the long weekend, we found sales on products to make the most of it while helping you prepare for the colder months ahead.Here are 47 of our favorite Labor Day sales, including a food storage system for stashing your leftovers and a blanket to replace your summer linens.At a glance: the best Labor Day dealsLabor Day kitchen salesOur Place Dream Cooker Our Place Dream Cooker $159Now $159, originally $199 at Our Place Our Place’s…