Gary Gensler, overseer of Wall Street for significant parts of the last two decades, has a message for anyone arguing sports betting is a matter for federal financial regulators: They’re wrong.

After seeing prediction market giant Kalshi and the federal agency he once ran, the Commodity Futures Trading Commission, argue that sports bets are ...Read more

As the use of artificial intelligence spreads across companies worldwide, it is relieving workers of tedious old chores but creating new ones.

A new survey of individuals using AI found it made them more productive, saving each roughly 11 hours per week. But at the same time, the workers on average have to spend more than six hours "botsitting,...Read more

Proclaimed in early advertisements as “The Big Honda,” Accord joined the Civic and eventually became America’s best-selling car. A Honda leader once described it as “the rice in our meal.”

Fifty years on, crossovers surpass sedans for dominance in American driveways, but a fresh new hybrid by 2030 may elevate this sedan’s standing....Read more

Shares of SpaceX rose 18% above their IPO price Friday in morning trading on the Nasdaq, as Elon Musk’s rocket company made its public debut.

The company sold 555 million shares at $135 and raised $75 billion from institutional and retail investors in its initial public offering.

Shares, under the ticker SPCX, opened at $150 and rose to ...Read more

The next contribution to a Pennsylvania child’s college fund may not come from a grandparent’s birthday card. It could come from a cryptocurrency wallet.

Pennsylvania Treasurer Stacy Garrity announced Thursday that the state’s PA 529 College and Career Savings Program and PA ABLE Savings Program will begin accepting contributions through ...Read more

PARK CITY, Utah — The view of snow-dusted, 11,750-foot Mt. Timpanogos from the trails of Wasatch National Park in the Wasatch Mountains is breathtaking. It’s a trail for hardcore, compact off-roaders — Jeep Wranglers, Ford Broncos, Chevy Colorado ZR2s. If you’re into electric vehicles, few dare venture there.

Say hello to the rugged, ...Read more

MEMPHIS, Michigan — Tesla wowed the automotive word in January with news it was abandoning its Model S/X models and putting the pedal to the metal on robots. Robot rideshare cars. Humanoid robots. Humanoid robots driving robot cars. Bots bots bots.

Happily, there are still manual driver’s toys out there to cope with the dystopian robot ...Read more

The 2026 Genesis G90 sedan rolls into a world that has collectively lost its mind, swapping full-size luxury sedans for SUVs that are basically suburban treehouses on wheels. These things are tall, cavernous and about as ubiquitous as Starbucks. And yet here comes the G90, sporting four doors, a trunk and enough leather to upholster a small ...Read more

Microsoft’s Xbox division is reportedly planning layoffs as new Xbox CEO Asha Sharma plans a “reset” for the beleaguered gaming business.

Bloomberg, citing anonymous sources, first reported Wednesday that Xbox was planning “major job cuts” within the division in early July after Microsoft’s fiscal year ends on June 30. The same day,...Read more

The app-based cash advance business Brigit is in the state’s crosshairs over small loans that officials say carry super-sized interest rates of more than 700% in some cases.

Minnesota Attorney General Keith Ellison sued the company on Wednesday, saying the loans violate the state’s caps on interest rates and carry terms that are not clearly...Read more

The Securities and Exchange Commission proposed eliminating a rule that aims to ensure investors get better prices for their transactions.

The current version of the so-called trade-through rule has been in place since 2005. It prohibits exchanges, alternative trading systems and wholesalers like Citadel Securities or Virtu Financial Inc. from...Read more

A recent committee hearing in Sacramento about gasoline prices offered more specifics about something many California drivers know all too well — that prices vary widely from one gas station to the next.

It’s not unusual to see striking differences, even when the stations are practically, or literally, right around the corner from each ...Read more

SpaceX is poised to make history on Friday with a record-setting IPO that will catapult the once fledgling aerospace startup into one of the most valuable companies on Earth.

The company, founded in El Segundo in 2002, is selling at least 555 million shares at $135 apiece, which could raise $75 billion or more. That could give Elon Musk's ...Read more

For years, headlines have warned of downtown “doom loops” and “death spirals,” focusing on the office vacancies that have piled up since the pandemic. Take a walk through downtown San Jose, for instance, and you’ll see many once-bustling buildings quiet and mostly empty.

But while they’ve been slow to recover, the streets below them...Read more

SPRINGFIELD, Illinois — Sharon Gardner was paying her rent. But her Hanover Park apartment owner continued to pile up charges against her.

With eviction threats mounting, Gardner was told she owed more than $3,300 in unexpected fees — a $50 monthly charge for cable internet she never received, $5 a month for pest control, a $300 move-in fee...Read more

On a stroll down University Avenue in Palo Alto, California, on a spring Saturday evening, one can see parklets that were once parking spaces packed with well-heeled diners elegantly swirling wine glasses or digging into their meals inspired by culinary traditions from around the world.

Families line up down the block to order ice cream at Salt...Read more

Cemal Clik was rinsing some strawberries for lunch when he felt a gun on his temple.

The 61-year-old was sitting near his gift shop in downtown Los Angeles this month when two men threatened to kill him if he didn’t give up the gold chain hanging from his neck. They grabbed the chain and disappeared down South Broadway.

It took 45 minutes ...Read more

In a city infamous for its high housing costs, Seattle’s ultrawealthy will soon be able to buy condos for their luxury cars and yachts.

Nearly 9 acres of a former industrial fuel terminal on Salmon Bay waterfront near the Hiram M. Chittenden Locks in Ballard will undergo a transformation into an extravagant car collector garage, superyacht ...Read more