Italy Cuts Fuel Taxes As Iran Crisis Drives Oil Higher; Germany Refuses Relief Despite Windfall

Lawmakers Introduce Bipartisan Bill To Ban Sports Betting Via Prediction Markets Lawmakers have never met a market they didn't want to control. And when they can't do that, they try to crush them - sometimes after taking six-figure donations from competing lobbies. To wit; Sens. Adam Schiff (D-CA), and John Curtis (R-UT), on Monday introduced legislation that would prohibit federally regulated prediction-market platforms from offering wagers on sports events, targeting what they call a regulatory backdoor that has let online betting proliferate beyond state control. Reading between the lines, prediction market betting is...

"A Societal Loss Of Humanity": Older Men Are Falling In Love With A Deluge Of AI Generated Female Influencers Older men are being scammed and fooled left and right by a deluge of AI generated female influencers, according the NY Post. What appears to be a growing wave of glamorous influencers online isn’t always what it seems. In some cases, these personalities are entirely artificial - carefully engineered digital figures designed to look, act, and interact like real people. One widely followed pro-MAGA persona, for example, was ultimately exposed as “nothing...

Korean Bubble Mania: Retail Investors Max Out On Margin Debt, Choose To "Risk Complete Collapse" Than Miss Stock Rally For many years, Koreans were bitcoin's best friend. After bitcoin emerged about a decade ago as the asset class with the most pronounced momentum - both to the upside and the downside - Korea's daytrading army, famous for being totally unable to do any fundamental valuation analysis but legendary for its wilnningness to piggyback on any momentum with suicidal leverage, became enamored with bitcoin and the result were face-ripping meltups and heartstopping...