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U.S. economy expanded at just 0.7% in 4th quarter

Federal government spending and investment plunged at a 16.7% rate. The U.S. economy, hobbled by last fall’s 43-day government shutdown, advanced at an unexpectedly sluggish 0.7% annual rate from October through December, the Commerce Department reported Friday in a big downgrade of its initial est...

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Utah’s anti-gambling tradition takes on Kalshi and Polymarket

Kalshi has already sued the state, and the company is backed by the federal agency responsible for regulating financial markets. For more than a century, Utah has kept gambling almost entirely out of the state. There are no casinos, no lotteries and no racetracks that allow bets, a prohibition root...

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