Latest posts

Tent collapses during Virginia church’s 20th anniversary celebration, killing 1 and injuring 22

A large tent collapsed during a Virginia church’s 20th anniversary celebration on Friday evening, killing one person and injuring nearly two dozen others, officials said. Heavy rain, lightning and strong winds tore through Moneta, a small community about 124 miles (200 kilometers) southwest of Richmond, as the EastLake Community Church was holding an outdoor service,…

A coalition sues to block Kentucky’s new 14.25% prediction markets tax

FRANKFORT, Ky. — A coalition that includes Kalshi, Crypto.com and Polymarket filed a lawsuit Friday challenging Kentucky’s first-in-the-nation excise tax on prediction markets. The Kentucky General Assembly in April enacted a 14.25% tax on prediction market operators’ transaction fees, a levy the lawsuit says is discriminatory, unconstitutional and preempted by federal law. Prediction markets are…