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Young Kalshi users have traded an estimated $3.9B on sports and parlay-type contracts this year, exposing a loophole that lets them bet before age...
Kalshi users as young as 18 are now responsible for billions of dollars worth of trading activity on sports that critics say amounts to a loophole in gambling laws.A recent analysis by CNN showed so far this year users...
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PBR promises thieves who return 40,000 pounds of stolen beer by next Tuesday ‘no questions asked.’ That won’t stop California prosecutors | Fortune
Sometimes, there’s nothing better than an ice-cold beer in the summer heat. Other times, there’s nothing more anxiety-inducing than trying to drink 4,496.33 gallons of beer before the police come knocking on your door.That’s exactly what’s happening this week...
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America built thousands of colleges for more students. Now there are about to be 500,000 fewer of them | Fortune
America has spent decades building a sprawling higher education system around a steady supply of college-age students. Now, there are about to be fewer of them to go around.A record 3.9 million U.S. students graduated from high school in...
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‘I bet on myself. Literally’: Ex-Congressman George Santos banned for life from Kalshi after making $17,839 from insider trading | Fortune
The online prediction market platform Kalshi said Monday that it has permanently banned former U.S. Rep. George Santos for his bets on whether he’d attend the State of the Union address and has fined and temporarily banned North Carolina congressional candidate...
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Ray Dalio was so broke early in his career he had to borrow $4K from his dad—and learned 2 key lessons that set him...
Before becoming the founder of Bridgewater Associates, not to mention a celebrated author, Ray Dalio faced a moment of financial distress that reshaped his entire approach to investing and life.After being fired early in his career, Dalio founded...
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Current price of oil as of Aug. 31, 2026 | Fortune
As of 8:30 a.m. Eastern Time today, oil sold for $93.03 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s $1.06 higher than yesterday morning and approximately a $25 rise over the past year.Oil price...
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Trump threatens to blow Kharg Island ‘to smithereens’ as U.S. and Iran trade fresh strikes in the Gulf, driving up the price of oil...
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ONE BIG THINGTemu spent up to $962 million on ads that helped...
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‘We’re facing a double whammy’: America’s hottest tinned fish snack is shrinking by nearly half thanks to climate change and war in Iran |...
Tinned fish is having a real global moment. The pandemic-era pantry habit has since turned into restaurants nationwide serving tinned fish straight out of the can. Domestically, sales climbed from $2.3 billion in 2018 to more than $2.7 billion...
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Shein CEO’s wealth slumps $15 billion after whittled-down IPO | Fortune
Chinese fast-fashion business Shein Global Holdings Ltd. was once worth more than the parent companies of H&M and Zara, giving its reclusive boss Sky Xu a net worth of more than $23 billion.But Xu’s fortunes have turned in four...
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Warner Bros. axed ‘Coyote vs. Acme’ three years ago to take a tax write off. But it’s finally in theaters after a public outcry—and...
Three years after Warner Bros. abruptly canned “Coyote vs. Acme,” the Looney Tunes feature film that was given a new lease on life by Ketchup Entertainment debuted with an estimated $15.5 million in ticket sales over the weekend.For the fifth weekend in a...
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Superstars and broken records: 2026 Emmy highlights
The 79th Emmy awards were record-breaking and star-studded. Welsh actor Matthew Rhys made history with wins in two lead...