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The Commodity Futures Trading Commission is seeking federal court orders against Arizona, Connecticut, and Illinois that would prevent those states from enforcing their gambling statutes against prediction market platforms.
The agency argued Thursday that Congress granted it exclusive authority

The AI benchmark race has a winner. It just isn't you.
Every few months, a new model drops and a new leaderboard reshuffles. Labs compete to out-reason, out-code, and out-answer each other on tests designed to measure machine intelligence. The coverage follows. So does the funding.
What gets

JPMorgan $JPM -0.77% Chase announced the American Dream Initiative, a multi-year effort to expand economic opportunity for Americans through targeted investments in local communities across the U.S.
The centerpiece of the initiative is a commitment to provide nearly $80 billion in lending to

The Food and Drug Administration approved Eli Lilly $LLY -1.98%'s new oral weight loss drug Foundayo, the company said Wednesday, making it the market's only GLP-1 pill that can be taken at any time of day without restrictions on food or water.
Orforglipron, the drug's generic name, will be

Warren Buffett said he has not spoken to Bill Gates since documents detailing Gates's relationship with Jeffrey Epstein began to surface, citing concern about potential legal exposure.
"I haven't talked to him at all since the whole thing was unveiled," Buffett told CNBC's Becky Quick on "Squawk

Delta Air Lines has partnered with Amazon to introduce the Leo satellite internet service on 500 aircraft starting in 2028, promising significantly faster in-flight internet speeds. This move enhances Delta's connectivity options and positions it against competitors using SpaceX's Starlink.

Starbucks $SBUX -0.07% announced a performance-based bonus program for U.S. baristas and shift supervisors that could pay eligible workers up to $1,200 per year, or $300 per quarter, when their stores meet or exceed sales, operational, and customer service targets. Starbucks plans to launch the prog

McCormick and Unilever announced March 31 that they have entered into an agreement to combine McCormick with Unilever's foods business, in a deal that implies an enterprise value of approximately $44.8 billion for the Unilever unit.
Under the terms of the agreement, Unilever and its shareholders wi

United Airlines and its flight attendants' union reached a tentative five-year agreement on March 26, granting pay increases since 2020, a $740 million signing bonus, and making flight attendants the highest-paid in the industry.

England's drug cost watchdog NICE has recommended Novo Nordisk's Wegovy to reduce the risk of heart attacks and strokes in people who have already had a cardiovascular event, making it the first GLP-1 drug backed for that purpose in the U.K. and potentially extending access to around 1.2 million peo

JPMorgan $JPM Chase CEO Jamie Dimon said his bank is studying a potential entry into prediction markets, while making clear any participation would come with strict limits on what kinds of contracts it would offer.
In a sit-down with CBS Evening News, Dimon told anchor Tony Dokoupil that he could s

Tesla missed Wall Street delivery expectations in Q1 2026, shipping 358,023 vehicles while producing 408,386, widening the gap between production and sales. The results weighed on stock prices amid challenges in the EV market and declining revenue trends.

Nvidia's $2 billion investment in Marvell Technology enhances its AI ecosystem, improving product development capabilities. Marvell's stock surged, reflecting positive market reception, amid concerns about an increasingly interconnected and potentially inflated AI economy.

Amazon is negotiating to acquire Globalstar, a satellite communications firm, to enhance its Leo satellite internet service. The deal faces complexities due to Apple's stake in Globalstar, which it acquired in 2024. Despite the potential acquisition, Amazon still trails SpaceX's Starlink in satellite operations.

Novo Nordisk published a cross-trial comparison claiming its Wegovy pill produced greater weight loss than Eli Lilly $LLY -1.98%'s newly approved obesity tablet Foundayo, raising the stakes as the two companies compete to shape prescribing trends in the oral GLP-1 market.
The comparison found

The prediction markets craze has reached Congress. Among lawmakers in both parties, there is fresh interest in applying new guardrails on a nascent industry where wagers can be placed on the outcome of virtually any event, including regime change overseas.
Cracking down on prediction markets

American AI has started speaking in the booming baritone of national purpose. But it’s doing a lot of flag-waving for an industry that keeps letting Chinese models into the building.
The U.S.’ patriotic sales pitch is everywhere now — “global AI dominance,” “national mission,” “strategic race,” “d

Since President Donald Trump launched a war against Iran in late February, the U.S. economy has absorbed a series of escalating shocks. Gas prices have surged almost 40% to over $4 a gallon. Dated Brent crude — the physical oil that refineries actually buy — spiked this week to $141 per barrel, the

March payrolls climbed by 178,000, the Bureau of Labor Statistics said Friday. That easily outpaced the 59,000-job gain that Wall Street analysts had penciled in via Dow Jones consensus estimate, according to CNBC. The unemployment rate came in at 4.3%, a tenth of a percentage point below what

_A version of this article originally appeared in Quartz’s AI & Tech newsletter. __Sign up here to get the latest AI & tech news, analysis and insights straight to your inbox__._
On April 1, 1976, three people signed paperwork in a garage in Los Altos and officially founded Apple $AAPL Computer. On