Author: kumbhorg

In Federalist No. 47, James Madison warned that “the accumulation of all powers” in the same hands may be called “the very definition of tyranny.” He was writing about constitutional government, but it also applies to political economy. In the rush to secure a domestic source of semiconductor chips, Washington has unleashed circular incentives tying business to politics. Beginning in 2024, Intel, Washington’s chosen American semiconductor champion, received a reported $7.86 billion in direct funding under the CHIPS and Science Act. The line was crossed more clearly in 2025, when the federal government acquired a 9.9 percent stake in Intel…

The cricketing world is no stranger to the intense scrutiny placed on young prodigies, and 15-year-old batting sensation Vaibhav Suryavanshi has recently found himself at the very centre of it. Following a highly publicized on-field altercation during the India A tri-series in Sri Lanka, the teenager faced significant backlash. However, veteran Indian spinner Ravichandran Ashwin has staunchly defended the youngster, calling for empathy over outrage. Silencing his critics in the best way possible, Suryavanshi let his bat do the talking shortly after, delivering a historic, record-breaking performance in the tournament’s final.Ravichandran Ashwin comes out in support of Vaibhav Suryavanshi following…

Group I became one of the first groups producing two qualified teams after both France and Norway secured their places in the knockout stage of the 2026 FIFA World Cup. France booked their spot with a comfortable 3-0 victory over Iraq, led by another brilliant performance from Kylian Mbappe, who scored twice to move onto 16 World Cup goals, drawing level with Miroslav Klose and sitting just two behind Lionel Messi. Ousmane Dembele added the third goal as Les Bleus collected their second straight victory. Haaland Scores a Brace Again in Norway Win Norway joined France on six points after…

The Buffalo Sabres have traded left-handed defenseman Bowen Byram and forward Jordan Greenway to the Chicago Blackhawks for a 2026 first-round pick (No. 4), 2026 second-round pick (No. 45), and left-handed defenseman Louis Crevier. The 25-year-old Byram carries a $6.25 million salary cap hit and is in the last year of his deal. There are reports that he could be looking for $10 million-plus on an extension. He’d be a UFA after next season. He’d been stuck behind Rasmus Dahlin and Owen Power, and is looking for top-pairing minutes. The 29-year-old Greenway is in the last year of his contract…

While older people are most likely to vote, it is younger generations who feel the most short changed. With house prices rising more slowly than earnings, purchasing a home for the first time is more possible compared to just a couple of years ago. At the start of the year, the Nationwide Building Society said mortgage payments accounted for a third of take home pay – well below the record of 48% in 1989.But today’s prospective buyers tend to be juggling high rental costs too, making it harder to save for a deposit. This is partly he average age of…

The House Financial Services Committee has scheduled a hearing on the Digital Asset Market Clarity Act (H.R. 3633) for July 17 in New York.  First introduced and House Financial Services Chairman French Hill on May 29, 2025, the CLARITY Act is the most significant attempt yet to build a durable regulatory framework for digital assets in the United States.  Its central mechanism is a jurisdictional division: the Commodity Futures Trading Commission (CFTC) would receive exclusive authority over spot markets for “digital commodities” — most notably Bitcoin — while the Securities and Exchange Commission (SEC) retains jurisdiction over digital assets that…

A Brazilian woman, accused of repeatedly stalking BTS member Jungkook, has been handed a suspended prison sentence by a South Korean court and could now face deportation from the country.The woman, whose identity has not been disclosed, was sentenced by a district court in Seoul to one year in prison, suspended for two years, after repeatedly visiting the K-pop star’s residence despite multiple warnings from authorities. According to court proceedings, the woman began visiting Jungkook’s residence since December last year, claiming her actions were motivated by ‘love for the singer’.Stalker rings Jungkook’s doorbell 133 timesAs per a BBC report, prosecutors…

By Ginger Perry, updated June 23, 2026 Prediction market salaries are among the most competitive in finance and technology, with a median of $175,000 across the industry according to salary data compiled by PredictionJobs. Whether you are a software engineer, a quant, or a compliance professional, this industry pays considerably more than most comparable roles elsewhere. This guide breaks down prediction market salaries by role and employer, covers what is pushing compensation so high, and identifies which positions pay the most. Why Prediction Market Salaries Are So High The prediction markets industry is young and fast-growing, and it is competing…

Portugal’s Cristiano Ronaldo (7) waves to the fans after the World Cup Group K soccer match between Portugal and Uzbekistan in Houston, Tuesday, June 23, 2026. (AP Photo/Eric Gay) Cristiano Ronaldo responded to critics in emphatic fashion after Portugal’s 5-0 victory over Uzbekistan, declaring “I’m back” following a record-breaking performance that helped revive Portugal’s World Cup campaign and added several more milestones to his extraordinary career.Cristiano Ronaldo had heard the noise.Portugal’s captain entered Tuesday night’s Group K clash against Uzbekistan under pressure following a disappointing 1-1 draw with DR Congo in the tournament opener. Questions had been raised about Portugal’s…

QS report highlights India’s AI workforce strengths and skills gaps in Future Skills Index 2027 NEW DELHI: India has secured the 13th position globally for AI-economy readiness in the QS World Future Skills Index 2027, a new report released by global higher education analysts QS Quacquarelli Symonds (QS) has revealed. The findings place India among the world’s top-performing nations in preparing its workforce and education ecosystem for the opportunities and disruptions created by artificial intelligence.The report highlights India’s remarkable progress in building scale across higher education, digital talent, and workforce readiness over the past decade. However, it also underscores a…