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New top federal enforcer has his sights set on ending insider trading on prediction markets

The federal agency that regulates derivatives markets is ready to put the hammer down on prediction markets.  In his first public remarks since joining the Commodity Futures Trading Commission on March 2, David Miller, the agency’s new director of enforcement, made one thing clear: curbing insider trading on prediction markets is a top priority.  “Unfortunately,…

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Congress has a lower approval rating than Hitler in some polls. And we just keep voting for the same 2 parties

Most Americans don’t know this: in 1988, the Republican and Democratic parties fired the League of Women Voters — the neutral, nonpartisan organization that had hosted Presidential debates for decades — and replaced them with a commission they run themselves. Many Americans only tunes in to politics during the runup to a Presidential election, which means…

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‘No choice’: Asian nations tap Russian oil under US waivers amid Middle East war

Representative image (AI-generated) With the near-closure of the Strait of Hormuz disrupting global oil supplies, several Asian countries are turning to Russian oil to fill the gap caused by the Iran war.Energy-starved nations in the region are taking advantage of US sanction waivers to secure Russian crude, Bloomberg reported. The Philippines recently received its first…

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