Kalshi fines and suspends 3 congressional candidates for wagering

Three congressional candidates wagered on the outcome of their own elections on Kalshi, according to the prediction market, which said Wednesday that it fined and suspended the men from their platform for five years.

Anthropic commits $100 billion to Amazon's AWS over 10 years

Artificial intelligence company Anthropic has agreed to commit more than $100 billion to Amazon’s AWS cloud platform over the next 10 years to train and run its Claude chatbot.

Trump media company replaces CEO, ex-congressman Nunes

NEW YORK (AP) – The Trump business behind Truth Social is replacing a former congressman and big supporter of the U.S. president as leader of the social media platform after a stock collapse that wiped out billions in investor wealth.

Editorials from The Wall Street Journal, The New York Times, The Washington Post and others

Excerpts from recent editorials in the United States and abroad:

The Gates Foundation is reviewing its Epstein ties

NEW YORK (AP) – The Gates Foundation is reviewing its ties to convicted sex offender Jeffrey Epstein, the global health funder confirmed Wednesday, as its only remaining founder faces mounting scrutiny over his appearances in Justice Department documents related to its investigation of the disgraced financier.

Retail sales up 1.7% in March driven by spike in gas prices

NEW YORK (AP) – Shoppers accelerated their spending in March from February, but they spent a good chunk of their money at the gas pump. A spike in gas prices due to the Iran war, now in its eighth week, resulted in a hefty 1.7% gain in retail sales in March after a revised 0.7% increase in February.

Trump's approval on economy falls in AP-NORC poll, showing new warning signs

WASHINGTON (AP) – President Donald Trump’s approval rating on the economy has slumped over the past month as the Iran war drives prices higher, according to a new AP-NORC poll, with even Republicans showing less faith in his leadership.

 

Japan records 5th straight fiscal year of trade deficits as Trump's tariffs hit

TOKYO (AP) – Japan’s trade deficit was 1.7 trillion yen ($10.7 billion) in the fiscal year that ended in March, the government said Wednesday, the fifth straight fiscal year of deficits.

Warsh says Trump has not pressured him to cut rates

WASHINGTON (AP) – President Donald Trump’s nominee to chair the Federal Reserve said Tuesday that he never promised the White House that he would cut interest rates, even as the president renewed his calls for the central bank to do so.