Author: Editor

Someone made hundreds of thousands of dollars off a well-timed bet on Venezuelan President Nicolás Maduro’s political future.Now, a congressman wants to block government officials from being able to do the same.Rep. Ritchie Torres plans to introduce a bill this week called the Public Integrity in Financial Prediction Markets Act of 2026, the New York Democrat’s spokesman confirmed to Business Insider. The impending bill introduction was first reported by Punchbowl News.The bill would bar federal elected officials, political appointees, and Executive Branch employees from making trades on prediction markets when they have nonpublic information related to the transaction, or might…

After a year of rolling policy shocks, the U.S. economy is set to get a lift from President Donald Trump’s tax-cuts package to keep the expansion on track in 2026. Processing ContentAmerican taxpayers will get bigger refunds in the first half of this year as a result of Trump’s signature bill, economists say, with estimates for the aggregate boost ranging from $30 billion to $100 billion. Incentives for companies to invest in plants and equipment are also likely to bolster growth, while lower borrowing costs and steadier trade policy should help too. Still, forecasters see grounds for caution. Any burst of consumer…

The U.S. and more than 100 other countries finalized an agreement that would exempt American companies from some foreign taxes, the culmination of a months-long effort to create a carve-out from a corporate global minimum levy.Processing ContentThe deal excludes U.S.-based multinational corporations from the 15% global minimum tax negotiated through the Organization for Economic Cooperation & Development, or OECD. President Donald Trump last year pulled the U.S. out of a framework to implement that levy negotiated during President Joe Biden’s administration.Under the agreement, other countries would be effectively blocked from imposing additional taxes on foreign subsidiaries of U.S. multinationals to…

A Lucid Air electric vehicle is displayed at a shopping mall in Scottsdale, Arizona, U.S., Sept. 27, 2021. Hyunjoo Jin | ReutersLucid Group significantly increased its production and sales last year as it continues to ramp up production of its new Gravity SUV.The all-electric vehicle manufacturer on Monday said its deliveries last year increased to 15,841 units, up 55% compared with 2024, including a more than 70% year-over-year increase during the fourth quarter.The automaker also achieved a previously lowered production target of roughly 18,000 vehicles in 2025, down from an initial expectation of as much as 20,000 vehicles. It produced…

Versant signage on the floor at the New York Stock Exchange on July 21, 2025.Michael Nagle | Bloomberg | Getty ImagesVersant Media Group, the portfolio of cable TV networks and digital assets spun off by Comcast, joins the small cohort of public media companies as the industry reckons with ongoing disruption. Versant begins trading on the Nasdaq Monday under the ticker symbol “VSNT.” The company’s so-called “when-issued” stock — a security that is expected to be issued and has been authorized to trade on a conditional basis to give investors an early chance to buy shares — initially began trading…

The logo of pharmaceutical company Novo Nordisk is displayed in front of its offices in Bagsvaerd, on the outskirts of Copenhagen, Nov. 24, 2025.Tom Little | ReutersNovo Nordisk will start rolling out the first-ever GLP-1 pill for weight loss in the U.S. on Monday, the company announced, marking a new chapter of obesity treatment in the U.S. The drug’s cash prices are among the lowest on the market, ranging from $149 to $299 per month, depending on the dose. That fuels hopes that pills could help address the long-standing affordability hurdles tied to the weekly injections dominating the weight loss drug…

Limited-time retro packaging will highlight Chick-fil-A’s heritage, the company said.Source: Chick-fil-AFor Chick-fil-A’s 80th anniversary, the chicken chain is going all out: retro packaging, collectible cups, themed merch and even the chance to win free food for a year.The chain’s anniversary comes as the restaurant industry struggles with declining traffic. To win back diners, many restaurants have leaned into deals, buzzy promotions and larger marketing budgets. As a privately held company, Chick-fil-A does not disclose quarterly financial results, but franchise disclosure documents show that the company’s system sales growth slowed to 5.4% in 2024, making it the first year in more…

Limited-time retro packaging will highlight Chick-fil-A’s heritage, the company said.Source: Chick-fil-AFor Chick-fil-A’s 80th anniversary, the chicken chain is going all out: retro packaging, collectible cups, themed merch and even the chance to win free food for a year.The chain’s anniversary comes as the restaurant industry struggles with declining traffic. To win back diners, many restaurants have leaned into deals, buzzy promotions and larger marketing budgets. As a privately held company, Chick-fil-A does not disclose quarterly financial results, but franchise disclosure documents show that the company’s system sales growth slowed to 5.4% in 2024, making it the first year in more…

This as-told-to essay is based on a conversation with Jaclyn Johnson, founder and chief creative officer at Create & Cultivate. It has been edited for length and clarity.I was raised by entrepreneurs, but I never wanted to be one. Instead, I saw myself in a big corner office in the city. I started climbing the corporate ladder, but being laid off twice showed me that a corporate career wasn’t as secure as I thought.I started freelancing, and soon opened a marketing agency called No Subject. We focused on events and influencers, back when we were still calling them bloggers. I…

Michael Burry says the US raid on Venezuela is a much bigger deal than the markets’ muted reaction suggests.The investor of “The Big Short” fame, who recently pivoted from running a hedge fund to writing on Substack, published a post early Monday saying the “game just changed” in the mid to long term, and “markets are not pricing in all that may come of this weekend’s events.””This is a paradigm shift despite the markets yawning,” he later wrote on X.Benchmark oil prices climbed less than 1% on Monday, and US stock futures opened higher, after the US captured President Nicolás…