Its Investors Say Kalshi Is Worth $40 Billion. Is an I.P.O. Next?

New York Times - Oct 29, 2026

The prediction market raised $1 billion in a new funding round and landed a market value almost double that of rival Polymarket. But legal challenges to its business persist.

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Oct 29, 2026

An ‘Endless’ Cruise Around the World Is Suspended, Leaving Passengers Stranded

The cruise promised a lifetime of sailing, for less than what it cost to live on land. But it was underfunded and couldn’t absorb the rising cost of fuel.

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Hello Kitty maker cuts ties with Japanese spy drama after China backlash

Sanrio has apologised after its merchandise line with Japanese TV series Vivant drew criticism.

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Chancellor says government has 'moral duty' to help young people out of work

Chancellor John Healey says any cuts to welfare will be done "in a Labour way".

Oct 29, 2026

'We need help for small businesses, not punishment'

People in Bilston react to the new Budget set out by Chancellor John Healey.

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Fuel is now liquid gold, haulier says after theft

The fuel was stolen from two vehicles at the weekend, the director of M Pinches & Sons Ltd said.

Oct 29, 2026

U.S. Restricts Trade With Chinese Genomics Company

The move will block shipments from BGI, a major Chinese firm that U.S. officials allege is associated with forced labor and the abuse of minority groups.

Oct 29, 2026

Microsoft profits soar days after announcing thousands of layoffs

The week, the Windows developer said it would offer buyouts to 60,000 workers as it looks to curb costs.

Oct 29, 2026

Weil Gotshal, Once a Legal Powerhouse, Plans to Dissolve

The prominent law firm has been rocked by an exodus of high-profile lawyers, a failed succession plan and a scuttled deal to merge with a rival firm.

Oct 28, 2026

Fed Holds Rates Steady Despite Lack of Progress on Inflation

Kevin M. Warsh, the chairman of the Federal Reserve, said an “information-rich” period before the central bank’s gathering in December will help officials determine next steps for policy.

Oct 28, 2026

Fed Holds Rates Steady Despite Lack of Progress on Inflation

Kevin M. Warsh, the chairman of the Federal Reserve, said an “information-rich” period before the central bank’s gathering in December will help officials determine next steps for policy.