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The new chairman of the Commodity Futures Trading Commission said Thursday that the commission will develop clear new rules to govern prediction markets. “Despite their history, many see (prediction markets) as novel or unstable, and that uncertainty is not serving our markets and not serving the public interest,” CFTC Commissioner Michael Selig said at an event co-hosted with Securities and Exchange Commission Chairman Paul Atkins.Selig said he has ordered agency officials to rescind proposed rules starting in 2024 that would ban sports and political deals. He also directed prediction markets to rescind recommendations in 2025 to be more cautious in…
Fans had no idea that their favorite Friends couple actually had feelings for each other. During the HBO Max reunion special of the iconic NBC series, Aniston and Schwimmer admitted that they had a crush on each other during the first season. As Schwimmer explained, “Well, the first season, we had a huge crush on Jen.” Aniston countered, “It paid off.” So why didn’t Ross and Rachel in real life ever officially get together? “At one point, we were really crushing on each other. But it was like two ships going back and forth, because one of us was always…
Workers at a factory workshop in Huaying, Sichuan Province, China.Getty ImagesChina’s recent record $1.1 trillion trade surplus shows that geopolitical and economic rival China has not only found a global workaround, but is also thriving, despite President Donald Trump’s efforts to use tariff policy to slow China’s manufacturing export power. Trade and supply chain data shared with CNBC shows that two factors loom large behind China’s success in mitigating the impact of U.S. tariffs: the use of secondary manufacturing markets to complete products, particularly in Asia, and forced labor.In recent years, Chinese companies have rerouted manufacturing to Southeast Asian countries,…
CNBC’s Jim Cramer said Friday that the stock market is well-positioned to rebound next week if leading companies plan to report strong earnings results. The “Mad Money” host said that’s because the market ended the week on a calm note after the S&P 500 ended in the red for three consecutive days.Don’t waste time during a busy week. disney It was reported on Monday that there is talk of a successor to the CEO. Kramer’s Charitable Trust, a portfolio managed by CNBC Investment Club, abandoned Disney in November after a long period of poor performance. “There’s always been some kind…
Police have arrested a man in Spain who recovered a stolen statue of the late golfer Seve Ballesteros.Published January 31, 2026January 31, 2026Click here to share on social mediaShare 2shareA statue of Seve Ballesteros, the late golfer who went missing from his hometown of Pedrena in the Cantabria region of northern Spain, was found chopped up when a suspected thief tried to sell it to buy it, police said.The statue, which is worth around 30,000 euros ($35,820) but has great sentimental significance for locals and fans, was discovered in a warehouse in Santander. It had been cut in half around…
Let’s check out the companies that are becoming a hot topic for after-hours trading. Apple — Shares rose less than 1% after the company announced strong first-quarter results, with particularly strong earnings from the iPhone 17 model launched in September. Apple earned $2.84 per share for the quarter, beating the $2.67 per share expected by analysts surveyed by LSEG. Sales totaled $143.76 billion, significantly exceeding analysts’ expectations of $138.48 billion. Overall iPhone sales increased 23% on an annual basis to $85.27 billion. A sharp rise in sales in China during the quarter also eased investor concerns about competition and consumer…
The viral personal AI assistant previously known as Clawdbot has a new name again. After a legal challenge from Claude’s maker Anthropic, the company briefly rebranded itself to Moltbot, but has now settled on OpenClaw as its new name. The name change was not ordered by Anthropic, which declined to comment. But this time, Clawdbot’s original creator Peter Steinberger tried to avoid copyright issues from the beginning. “We found someone to help us with the trademark research for OpenClaw, and just to be safe, we also asked permission from OpenAI,” the Austrian developer told TechCrunch via email. “The lobster has…
A movie poster for the documentary “Melania” featuring First Lady Melania Trump is displayed at a subway station in New York City, USA, on January 14, 2026. Gina Moon | ReutersIt was a hectic week Amazon.From a failed email to prematurely announce yet another major layoff to scrutiny over the company’s $75 million investment in a documentary about the first lady, Amazon will report its quarterly earnings next week amid deafening levels of outside noise. On Saturday, Amazon CEO Andy Jassy and the company’s top entertainment executives joined a group of CEOs, politicians and celebrities at the White House for…
Venezuela’s acting president has announced an amnesty bill that could lead to the release of hundreds of political prisoners and the closure of a notorious detention center, the latest concession since the U.S. arrest of President Nicolas Maduro. Delcy Rodríguez said Friday that the pardon applies to cases from 1999 to the present, but excludes cases charged with murder, drug trafficking, corruption and human rights violations. She said she has directed the Judiciary Committee to submit the legislation to Parliament. “I once again ask for the full cooperation of the Venezuelan Congress so that this law can help heal the…
When Mauricio made his debut on Dancing with the Stars, Kyle was in the ballroom to support him and partner Emma Slater as they performed their jive. And Kyle took his support a step further, detailing how to vote for Mauricio on his Instagram Story. After the premiere of DWTS, Mauricio provided an update on his marriage. “We were just working on our own things, very quietly internally in a way,” he explained on the Sept. 28 episode of the agency’s Red Mike podcast. “I mean, certainly, we’re not separated. We’re not divorced at this point. We’re not like that.…