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Americans Are Trading Billions of Dollars

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Americans Are Trading Billions of Dollars on Polymarket’s Banned Offshore Platform

Approximately 30 percent of the trading volume on Polymarket comes from the United States, according to a new study—an eye-popping number, considering that none of those people are legally allowed to use the crypto-based platform. The study, conducted by Rutgers University statistician Harry Crane, estimated that people in the US funneled between $10.6 to $26.7 billion through Polymarket. To track the platform’s activity, Crane looked at what appeared to be US-based trades on offshore...

Wired 3h ago

Americans lost nearly $900 million to AI-generated scams last year. It will likely only get worse

Americans lost nearly $900 million to AI-generated scams last year. It will likely only get worse From fake romances with soap opera stars to fictional FBI agents and MAGA influencers, AI has made it easier than ever for scammers to steal Americans’ money - Bookmark Americans lost close to a billion dollars to AI scams in one year - and cybersecurity experts fear this is only the beginning. Nearly $900 million was stolen in scams that incorporated AI in 2025, according to the first report of...

The Independent World 4d ago

Rupee rebounds 20 paise to 95.41 against US dollar

Rupee began Tuesday on a stronger note, rising 20 paise against the US dollar in early trade, supported by a easing oil prices and the US dollar index, after the pause in hostilities between the United States and Iran. According to forex traders, the domestic currency opened on a stronger footing after Israel and Iran agreed to de-escalate tensions and ease strikes. At the interbank foreign exchange market, the rupee opened at 95.47 against the US dollar and later touched 95.41, marking a...

Times of India 2d ago

US strikes Iranian boats in Strait of Hormuz

Growing fears for the ceasefire in the Middle East after the US and Iran trade fire as American forces try to open up the Strait of Hormuz to commercial shipping. President Trump said two US-flagged merchant vessels were able to transit the waterway. The UAE said Iran also launched cruise missiles and drones towards its oil facilities.

BBC Global News Podcast 37d ago

Corning strikes another multibillion-dollar AI deal. What the new Amazon pact means for the stock

Corning stock surged Monday after the company inked a major data center deal with Amazon — the latest in a string of high-profile wins for the Club holding. Amazon said it will pay Corning billions of dollars for optical fiber in the coming years to support its growing data center footprint. The investment will allow Corning to expand production and create 1,000 new jobs at its North Carolina manufacturing facilities.

CNBC 2d ago

Trump’s IRS deal to avoid tax investigations could be in big trouble

Trump’s IRS deal to avoid tax investigations could be in big trouble A federal judge could sanction everyone involved over allegations of ‘serious misconduct’ in the president’s lawsuit against himself, Alex Woodward writes - Bookmark - CommentsGo to comments Donald Trump ended his lawsuit against his own IRS on the condition that his administration could spend nearly $1.8 billion handing out taxpayer dollars to alleged “victims” of government “weaponization.” That “slush fund” is dead, for...

The Independent World 7d ago

Unicorn in the USA: Indians aren't stealing American jobs, they're building entire HR depts

TOI correspondent from Washington: For a country currently engaged in a vigorous debate about whether immigrants are stealing jobs, swiping opportunities, overwhelming the system, and generally causing western civilization to collapse, the United States has produced a rather awkward statistic. According to a new policy brief by the National Foundation for American Policy (NFAP), immigrants have founded or co-founded 455 of America's 775 unicorns -- the term for a private startup company...

Times of India 5d ago

Trump admin yanks funding from LA homeless agency amid explosive fraud probe: 'Necessary step'

A top Trump agency is cutting off funding to the Los Angeles agency responsible for coordinating billions in homelessness spending after accusing it of "obvious fraud," "wanton mismanagement" and repeated failures to safeguard taxpayer dollars, Fox News Digital has learned. The Department of Housing and Urban Development (HUD), which is a member of the White House fraud task force led by Vice President JD Vance, is immediately suspending the Los Angeles Homeless Services Authority's (LAHSA)...

Fox News Politics 1h ago

Trump admin yanks funding from LA homeless agency amid explosive fraud probe: 'Necessary step'

A top Trump agency is cutting off funding to the Los Angeles agency responsible for coordinating billions in homelessness spending after accusing it of "obvious fraud," "wanton mismanagement" and repeated failures to safeguard taxpayer dollars, Fox News Digital has learned. The Department of Housing and Urban Development (HUD), which is a member of the White House fraud task force led by Vice President JD Vance, is immediately suspending the Los Angeles Homeless Services Authority's (LAHSA)...

Fox News 1h ago

Harry's and Coterie owner Mammoth Brands has ambitions to be the next CPG giant

Mammoth Brands wants to take on traditional consumer packaged goods companies, armed with a portfolio of disruptors in the personal and baby care categories that have won over consumers and retailers alike. For the last decade, upstarts like those owned by Mammoth have challenged the relevance and longstanding dominance of legacy giants like Procter & Gamble, Unilever and Kimberly-Clark. The trend has also played out across packaged food and beverage companies, like Poppi and Olipop taking...

CNBC 4d ago