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Shayne Coplan, founder and chief executive of Polymarket, speaks during the New York Times annual DealBook summit at Jazz at Lincoln Center on December 04, 2024 in New York City. Michael M. Santiago | Getty ImagesTwo federal investigations of the online prediction betting site Polymarket have been closed with no charges filed against the cryptocurrency-based marketplace, a person familiar with the matter told CNBC on Tuesday.”Polymarket has received declination notices from the U.S. Justice Department and Commodity Futures Trading Commission related to investigations into the company,” said the person, who was granted anonymity to discuss non-public actions. The company declined to…

A renowned professor of Holocaust and genocide studies has called Israel’s war on Gaza an “inescapable” case of genocide, joining a chorus of prominent Israeli and Jewish scholars coming to the same conclusion about Israel’s 21-month war on the besieged enclave. Omer Bartov, a professor at Brown University and a former Israeli army soldier, wrote in The New York Times on Tuesday that after deliberating and examining Israel’s war, his “inescapable conclusion… [is] that Israel is committing genocide against the Palestinian people”. “Having grown up in a Zionist home, lived the first half of my life in Israel, served in the IDF [Israel Defence Forces]…

WASHINGTON (AP) — A trio of cryptocurrency bills that had been expected to pass the House this week stalled on Tuesday after a bloc of Republicans unexpectedly joined with Democrats to prevent the legislation from coming up for debate and votes. The procedural snafu brought the House’s so-called “crypto week” to a standstill — and dealt a blow to President Donald Trump, who had strongly urged Republicans to pass the bills as part of his push to make the U.S. the “ crypto capital of the world.”A group of 13 Republicans joined all Democrats in opposition to a procedural vote…

WASHINGTON (AP) — President Donald Trump told reporters Tuesday that he plans to place tariffs of over 10% on smaller countries, including nations in Africa and the Caribbean.“We’ll probably set one tariff for all of them,” Trump said, adding that it could be “a little over 10% tariff” on goods from at least 100 nations. Commerce Secretary Howard Lutnick interjected that the nations with goods being taxed at these rates would be in Africa and the Caribbean, places that generally do relatively modest levels of trade with the U.S. and would be relatively insignificant for addressing Trump’s goals of reducing…

The Major League Soccer Players Association reached an agreement with the league to secure an increase in the percentage of prize money received from the FIFA Club World Cup, sources confirmed to ESPN.The Collective Bargaining Agreement had stated that players receive 50% of money from outside tournaments with a cap of $1 million. A source with knowledge of the discussions previously told ESPN that a revised proposal from MLS committed to granting players on the three participating teams 20% of the performance-related payments for wins, draws and round advancement.The two parties failed to reach an agreement prior to the start…

General Motors said Tuesday it will move production of a gas-powered SUV to an assembly plant in Michigan and add manufacturing of pickup trucks in its home state.”GM will begin production of the Cadillac Escalade, as well as the Chevrolet Silverado and GMC Sierra light duty pickups at Orion Assembly in early 2027 to help meet continued strong customer demand,” the Detroit automaker said in a statement.   The Escalade is currently produced in Arlington, Texas. The Silverado and Sierra trucks are made at an assembly plant in Fort Wayne, Indiana, which will continue to produce the vehicles. GM said it…

MELBOURNE, Australia (AP) — Bradley John Murdoch, known as the “Outback Killer” and convicted of murdering British backpacker Peter Falconio who vanished in arid central Australia 24 years ago, has died, authorities said Wednesday. He was 67. Murdoch died on Tuesday night in the palliative care unit of the Alice Springs Hospital, according to a statement from the Northern Territory Department of Corrections. He was diagnosed with terminal throat cancer in 2019 and was recently transferred to the hospital from the Alice Springs prison.His death leaves the mystery of the whereabouts of Falconio’s body unsolved. The territory’s police did not…

Circle Internet Group Initial Public Offering at the New York Stock Exchange in New York City, U.S., June 5, 2025. NYSECircle shares slid on Tuesday after the U.S. House of Representatives failed to clear a key procedural hurdle that would have teed up votes on long-awaited crypto-related bills.The move dealt a major setback to the digital asset industry, which had framed this week as a turning point for regulatory clarity in Washington, D.C.Circle, the stablecoin issuer that’s soared in value since its public market debut last month, fell about 5% after the vote. Crypto exchange Coinbase and bitcoin miner MARA…

Real estate mogul Barbara Corcoran, a longtime investor judge on ABC’s “Shark Tank,” might’ve missed out on the television role that changed her life — if she hadn’t sent an email about it first.Seventeen years ago, Corcoran found out that the show’s producer, Mark Burnett, had chosen another Shark candidate over her, she posted to LinkedIn on Friday. “They’d already chosen someone else, but I wasn’t ready to give up,” Corcoran wrote in her post.Instead, she sent Burnett a lengthy email listing the reasons why she deserved the seat instead. “I understand you’ve asked another girl to dance instead of…

Minneapolis mayoral candidate Omar Fateh has faced a wave of racist and Islamophobic attacks after prominent right-wing social media accounts questioned the 35-year-old’s citizenship and falsely claimed he was not American. Fateh, a Minnesota state senator since 2020, launched his mayoral run on 2 December 2024 but began facing a deluge of racist abuse earlier this week when conservative activist Charlie Kirk, the founder and president of the non-profit organisation Turning Point USA, wrote on X that: “Muslims [are] commanded to take over the government in the land they live.” “The attempted Islamic takeover of America is made possible thanks to mass migration,”…