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Pentagon directive bans troops from using nonpublic info to bet in prediction markets

WASHINGTON — Defense Secretary Pete Hegseth has issued a new directive telling troops they cannot use “nonpublic information” to make bets on prediction markets. “Our enemies watch movements in these markets,” Hegseth wrote in a memo dated Tuesday and reviewed by The Associated Press. “When an American Service member, intelligence professional, or other Department civilian…

US Treasury proposes a rule to crack down on high-tech investments in China, other adversaries

WASHINGTON — The U.S. Treasury Department proposed a rule Thursday to crack down on American high-tech investments such as supercomputing and artificial intelligence in China, Russia, North Korea and other “countries of concern.’’ The U.S. government has been working for years to deny China and other adversaries investments that could help them boost their military…