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NASDAQ:FOXA 13 August 2025 - 6 December 2025

IRS Issues Nationwide Warning as Trump Promises Record Tax Refunds: What the ‘Big Beautiful Bill’ Means for Your 2026 Tax Return

IRS Issues Nationwide Warning as Trump Promises Record Tax Refunds: What the ‘Big Beautiful Bill’ Means for Your 2026 Tax Return

The IRS will stop issuing most paper tax refund checks after September 30, 2025, moving to electronic payments under an executive order. Taxpayers without direct deposit information may face a six-week delay for paper refunds. The Trump administration claims the 2026 filing season will bring record refunds under the new OBBBA law, though economists warn of possible inflation risks.
Chips, Space & Cyber Scares: Inside August 28–29, 2025’s Biggest Tech Bombshells

Chips, Space & Cyber Scares: Inside August 28–29, 2025’s Biggest Tech Bombshells

Intel received $5.7 billion from the U.S. government for a 10% stake, aiming to keep its chip foundry business under American control. AT&T agreed to buy wireless spectrum from EchoStar for $23 billion. Samsung set a September 4 launch event for new Galaxy devices. South Korea fined SK Telecom $97 million after a cyberattack exposed data of 26.8 million users.
Tech Shockers: Space Force Rocket Triumph, Massive Data Leaks & Gadget Surprises (Aug 12–13, 2025)

Tech Shockers: Space Force Rocket Triumph, Massive Data Leaks & Gadget Surprises (Aug 12–13, 2025)

United Launch Alliance launched its first operational Vulcan rocket on the USSF-106 mission from Cape Canaveral, reaching geosynchronous transfer orbit. U.S. authorities seized over $1 million in cryptocurrency from the Russian BlackSuit ransomware gang and dismantled its infrastructure. Meta’s Threads hit 400 million monthly active users. Connex Credit Union reported a breach exposing data of 172,000 customers.

Stock Market Today

  • Nevada Temporarily Bans Prediction Market Firm Kalshi Over Gaming License Dispute
    March 20, 2026, 2:30 PM EDT. Kalshi, a prediction markets platform offering event-based contracts on sports, elections, and entertainment, was temporarily banned in Nevada by a 14-day restraining order from the First Judicial District Court. The ruling prohibits Kalshi from operating its derivatives exchange without a gaming license, marking the first state-level forced cessation for the company. The ban follows earlier Nevada cease-and-desist actions and precedes a likely extension through the legal case, said gaming attorney Daniel Wallach. The dispute comes amid mounting regulatory scrutiny nationally, including criminal charges from Arizona and ongoing battles in multiple states. Kalshi contends its sports contracts are financial swaps, not gambling, a view supported by the federal Commodity Futures Trading Commission, which claims jurisdiction over these markets. This case highlights tensions between state gambling laws and federally regulated prediction markets.
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