Young Kalshi users have traded an estimated $3.9B on sports and parlay-type contracts this year, exposing a loophole that lets them bet before age 21 Critics warn prediction markets let 18-year-olds make sports wagers while bypassing state betting age limits. $$ fortune.com fortune.com / feeds fortune-com / / #news / / 1 day 1d Share
PBR promises thieves who return 40,000 pounds of stolen beer by next Tuesday 'no questions asked.' That won't stop California prosecutors That's roughly 34,000 cans of beer worth about $70,000, according to police. $$ fortune.com fortune.com / feeds fortune-com / / #news / / 1 day 1d Share
America's high school graduating class is projected to shrink 13%. Colleges are already feeling the squeeze Some colleges are already closing as rising costs, steep tuition discounts and a shrinking pipeline of high school graduates squeeze higher education. $$ fortune.com fortune.com / feeds fortune-com / / #news / / 1 day 1d Share
'I bet on myself. Literally': Ex-Congressman George Santos banned for life from Kalshi after making $17,839 from insider trading Following the ban, Santos said "thanks for the lifetime ban from your gambling platform," in a post on X. $$ fortune.com fortune.com / feeds fortune-com / / #news / / 1 day 1d Share
Bitcoin is back--and so is Michael Saylor's Strategy, which made its first buy in two months The company's return to buying follows a summer downturn spent raising cash and selling Bitcoin. $$ fortune.com fortune.com / feeds fortune-com / / #news / / 1 day 1d Share
Ray Dalio was so broke early in his career he had to borrow $4,000 from his dad--and learned 2 lessons that set him on the road to billionaire status "Nobody does everything perfectly, not even Warren Buffett," Dalio told David Rubenstein in conversation at the 92nd Street Y. $$ fortune.com fortune.com / feeds fortune-com / / #news / / 1 day 1d Share
Gas topped $4 daily in August for the first time. New U.S. strikes on Iran are sending oil prices even higher again New U.S. strikes on Iran sent Brent crude above $90 as the six-month war continues to disrupt the Strait of Hormuz. $$ fortune.com fortune.com / feeds fortune-com / / #news / / 1 day 1d Share
UAE intercepts Iranian drone over its waters in 'dangerous escalation' from Iran war--and threatens responding 'decisively to aggressors' Trump has stressed last week that he is "not in a hurry" to get Iran back to the negotiating table. $$ fortune.com fortune.com / feeds fortune-com / / #news / / 1 day 1d Share
Nissan and Honda ink deal to boost competitiveness with 'faster development cycles' in vehicle software Under the deal, Nissan, based in the port city of Yokohama, and Tokyo-based Honda will share standardized parts in "core ECUs," as well as software. $$ fortune.com fortune.com / feeds fortune-com / / #news / / 1 day 1d Share
We're living in the 'G-shaped economy'--where boomers control $90 trillion, and everyone else waits "The concentration of wealth among older generations suggests that consumer spending is increasingly being supported by the spending of accumulated retirement wealth rather than labor income." $$ fortune.com fortune.com / feeds fortune-com / / #news / / 1 day 1d Share