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California Bans Government Officials From Using Insider Knowledge To Bet On Prediction Markets
California Bans Government Officials From Using Insider Knowledge To Bet On Prediction Markets
Authored by Dylan Morgan via The Epoch Times,
California Gov. Gavin Newsom on Friday issued an executive order banning state officials from using insider knowledge to profit, or assist another person in profiting, on prediction markets, effective immediately.
The governor’s office said there have been mounting reports of individuals in the federal government with access to sensitive government information placing well-timed bets ahead of major Trump administration actions. These reports are currently allegations and have yet to be verified.
“Public...
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Aug 14, 2026 / Tyler Durden
Unusual Machines Jumps After Trump Slaps 100% Drone Tariff In "Hard Decoupling" From China
Unusual Machines Jumps After Trump Slaps 100% Drone Tariff In "Hard Decoupling" From China
Shares of drone makers AeroVironment and Aevex, and "pure-play" drone-parts company Unusual Machines, are higher in premarket trading Thursday after the Trump administration signed a proclamation imposing tariffs of as much as 100% on imported drones and components, part of a broader effort to decouple the nation's drone supply chain from China.
Drones weighing more than 55 pounds, in other words, Group 3 drones, equipped with thermal imaging and certain sensitive components will face the top rate....
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May 30, 2026 / Tyler Durden
Iran Poised To Finalize Hormuz Strait Management Plan, Brushing Aside Trump's Threats
Iran Poised To Finalize Hormuz Strait Management Plan, Brushing Aside Trump's Threats
Iran's state Tasnim is saying the US naval blockade remains in effect, despite days of headlines of a 'finalized' US-Iran deal, which were clearly premature - though both sides still signal they are close to agreeing on a Memorandum of Understanding. But this is toward simply extending the ceasefire by 60-days in order to get back to the table, in hopes of finally ending the war based on a final deal.
Despite President Trump's latest warning which declared strict...
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Aug 5, 2026 / Tyler Durden
Argentina's Milei: Ending the Debt State By Holding Politicians Personally Accountable For Fiscal Excess
Argentina's Milei: Ending the Debt State By Holding Politicians Personally Accountable For Fiscal Excess
Submitted by Thomas Kolbe
Only contrast reveals one's own mistakes. Javier Milei is the antithesis of Germany's political class, and the comparison could hardly be starker.
While Germany continues to expand the state, Argentina is slashing subsidies and radically reducing the size of its public bureaucracy. While Berlin piles up enormous amounts of public debt, Buenos Aires is posting a primary budget surplus. Friedrich Merz believes in the healing powers of state intervention, whereas Milei is deregulating...
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