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Traders in online prediction markets expect the federal government shutdown to last more than two weeks, signaling waning confidence in a near-term deal as negotiations in Washington remain at a standstill.Traders on the prediction market platform Kalshi give a 64% chance that the government shutdown will last just over 21 days. The trading volume, or the total dollar amount wagered on this market, sits just north of $2.5 million. Meanwhile, 72% […]

TelevisaUnivision CEO Daniel Alegre accused Google on Monday of being "tone-deaf" for dropping Univision from YouTube TV and urged the tech giant to restore its access. "The message that they've been sending to the Hispanic community is, going forward, if you want to access the news that is so important to you, you're going to have to pay a la carte and pay extra, which, we fundamentally believe… that it is […]

The Treasury Department announced on Monday that Social Security Commissioner Frank Bisignano will also serve as the CEO of the Internal Revenue Service (IRS).Under the move, Treasury Secretary Scott Bessent will remain in the role of acting IRS commissioner while Bisignano will report directly to him from the newly created CEO role.As the IRS CEO, Bisignano will manage the organization and be responsible for all day-to-day operations at the IRS. He […]