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Today β€” 29 October 2026Main stream
Yesterday β€” 28 October 2026Main stream

Treasury’s Bessent highlights bond yield, oil price correlation amid inflation concerns

28 October 2026 at 16:17

Fluctuating oil prices and bond yields could reshape economic forecasts and political landscapes, influencing inflation and election outcomes.

The post Treasury’s Bessent highlights bond yield, oil price correlation amid inflation concerns appeared first on Crypto Briefing.

Trump admin sues Utah to save Kalshi from the state's total ban on gambling

28 October 2026 at 15:30

The Trump administration is trying to stop Utah from enforcing its gambling ban against Kalshi, making Utah the 10th state sued by the US government agency that regulates prediction markets.

Utah, which prohibits gambling, sued Kalshi in a state court last week. Utah's lawsuit seeks an order prohibiting Kalshi from offering bets on sports, elections, politics, and other events.

β€œKalshi runs an online casino in Utah and calls it a prediction market. That violates Utah law,” Utah Attorney General Derek Brown, a Republican, said last week. β€œNot only do our state laws ban gambling but Utah is one of only two states where gambling is also prohibited under the state constitution. For 130 years, Utah has been clear: gambling has no place here, and we will enforce our laws.”

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Michael Burry warns Anthropic IPO filing reveals AI industry’s vulnerabilities

28 October 2026 at 15:57

Burry's warning highlights potential instability in the AI sector, possibly affecting investor confidence and regulatory scrutiny in future IPOs.

The post Michael Burry warns Anthropic IPO filing reveals AI industry’s vulnerabilities appeared first on Crypto Briefing.

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