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A federal judge has temporarily stopped Minnesota’s new law that bans prediction markets from taking effect. The judge said the law could harm companies like Kalshi and Polymarket, which the U.S. Commodity Futures Trading Commission (CFTC) regulates. The legal battle continues over whether states or the federal government have the authority to regulate these markets.
Key Facts
Minnesota passed a law banning prediction markets, making it a crime to run or help run them.
A federal judge blocked this law just before it was to start.
The judge ruled that Kalshi, Polymarket, and the CFTC are likely to win in court and would face harm if the law took effect.
Kalshi and Polymarket say federal law, regulated by the CFTC, should control prediction markets, not states.
States argue most of the business on these platforms is sports betting, which they can regulate.
Minnesota’s Attorney General calls prediction markets gambling and wants to protect communities from it.
The CFTC’s leader, appointed by President Trump, opposes states banning or regulating these markets, defending federal control.
Several states, including Connecticut, are involved in lawsuits to try to shut down prediction market platforms, citing illegal gambling laws.
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Keiko Fujimori will be inaugurated as Peru’s president after narrowly winning the June election by fewer than 50,000 votes. She aims to stabilize Peru’s politics and improve security by adopting tough crime-fighting measures and encouraging public-private partnerships for infrastructure development.
Key Facts
Keiko Fujimori is set to become Peru’s president on July 28, 2026.
She won the presidential election by a small margin of less than 50,000 votes.
Fujimori is the daughter of a former president jailed for human rights abuses.
Peru has had nine presidents in the last ten years, many of whom did not finish their terms due to resignation or removal.
Fujimori’s party and its ally will hold half the seats in the new Senate, making it harder for Congress to remove her.
Her campaign focused on fighting crime with strict policies like building a large prison and protecting judges’ identities.
Opposition leaders want her to reverse recent laws that reduce the government’s ability to fight organized crime.
Fujimori faces protests from relatives of civilians killed during recent anti-government demonstrations and leads a politically divided country.
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President Donald Trump met with Ukrainian President Volodymyr Zelenskyy at the White House. They talked about Ukraine’s air defenses and efforts for diplomacy with Russia during the ongoing conflict.
Key Facts
The meeting took place at the White House.
President Trump and President Zelenskyy discussed Ukraine’s air defense systems.
They also talked about diplomatic ways to handle the war with Russia.
Russia’s war in Ukraine is an ongoing conflict.
CBS News reported on the meeting with details from their correspondent Aidan Stretch.
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The CEO of India’s National Stock Exchange, Shri Ashishkumar Chauhan, said that winning in artificial intelligence (AI) does not require owning the biggest AI models. He believes India can succeed by using AI in practical ways across businesses and devices, even if the main technology comes from other countries.
Key Facts
The global AI race usually focuses on who has the largest models and most advanced technology.
Chauhan says being the best user of AI can lead to success, not just inventing new technology.
India can gain by applying AI in many industries and everyday devices like phones and appliances.
Large AI models are useful for complex tasks, but smaller, open-source models can be adapted more easily and affordably.
Many Indian engineers work on AI and technology for foreign companies and later start their own businesses.
India’s approach encourages entrepreneurs to innovate based on real market needs without waiting for government plans.
Expanding infrastructure like semiconductor manufacturing and renewable energy is important to support AI growth in India.
Chauhan warned that heavy investment in AI infrastructure might lead to extra capacity if AI revenues do not meet expectations.
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Vice President JD Vance and Senate Majority Leader John Thune spoke at a service for Senator Lindsey Graham held at the U.S. Capitol. This service took place before Senator Graham's funeral at the National Cathedral.
Key Facts
A service was held at the U.S. Capitol to honor Senator Lindsey Graham.
Vice President JD Vance was a speaker at the service.
Senate Majority Leader John Thune also spoke at the event.
The service occurred ahead of Senator Graham’s funeral.
The funeral is scheduled to take place at the National Cathedral.
CBS News correspondent Caitlin Huey-Burns reported on the event.
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Israeli Prime Minister Benjamin Netanyahu visited President Donald Trump at the White House seeking public support ahead of Israel’s upcoming election and backing on Iran policy. Trump showed mixed reactions and has not yet endorsed Netanyahu, while polls indicate Netanyahu’s political position in Israel is weakening.
Key Facts
Netanyahu and Trump met in the Oval Office to discuss the war against Iran and Israel’s election.
Trump acknowledged some differences with Netanyahu on Iran but said they are mostly aligned.
Trump dismissed Netanyahu’s plan to brief him publicly on Iranian nuclear activity.
Netanyahu seeks Trump’s support to boost his chances in the upcoming Israeli election.
Polls show Netanyahu’s coalition trailing the anti-Netanyahu alliance backed by former Israeli leaders.
Markets betting on Israel’s next prime minister give Netanyahu about a 40% chance.
Trump faces pressure to reduce the war against Iran due to U.S. economic and political concerns.
Israel’s support in Washington has decreased alongside Netanyahu’s declining influence.
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The cryptocurrency industry is becoming more like traditional industries, focusing less on new technology and more on using existing systems efficiently. Companies that run the underlying services and infrastructure well are gaining value as the technology itself becomes more standard.
Key Facts
Early crypto success came from creating new blockchain technologies and proving they were better.
Now, many blockchains offer similar features, making them more like standard tools than unique products.
Value is shifting to companies that operate infrastructure like validators, exchanges, and custodians effectively.
This change is similar to past industries like telecommunications and railroads, where managing infrastructure well created wealth.
Crypto firms now compete on factors like reliability, speed, risk management, and compliance.
Larger crypto companies benefit from economies of scale, meaning they can operate more cheaply and securely.
The industry is moving from innovation to efficient operation of complex systems that support crypto services.
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More than 1,000 people evacuated by wildfires in southwestern France are staying at Bordeaux’s exhibition centre, where volunteers offer various activities and support. The city is helping evacuees find longer-term housing while volunteers provide entertainment, healthcare, and other services.
Key Facts
Over 1,000 evacuees from wildfires in the Gironde region are sheltered at Bordeaux’s exhibition centre.
Around 7,000 people fled the wildfires on July 24-25, 2026, with many leaving as tourists returned home or locals found friends or family.
Bordeaux City Council has offered 892 housing options, including private homes, university dorms, and schools.
About 500 volunteers help by organizing activities like games, movie screenings, exercise sessions, and spiritual services.
Veterinary services are available for evacuees' pets.
The centre includes dining areas, relaxation spaces, and places for socializing to support evacuees’ morale.
Volunteers also provide legal aid and healthcare, including physiotherapy.
Children are entertained by volunteers making balloon animals and organizing games.
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Early in-person voting started in Wisconsin for the Democratic primary race for governor. Five Democrats, including a democratic socialist and the governor’s endorsed candidate, are competing to lead the party into the November general election. A judge is also hearing a case about whether voters can cancel already mailed absentee ballots to vote again.
Key Facts
Early voting began in Wisconsin’s Democratic primary for governor on Tuesday.
Five Democratic candidates are running, including Francesca Hong, Mandela Barnes, and David Crowley.
David Crowley reentered the race with Governor Tony Evers’ endorsement after briefly dropping out.
Francesca Hong has strong support from the party’s most liberal voters, especially in Madison.
Mandela Barnes is popular in Milwaukee and previously ran for U.S. Senate in 2022.
Both Crowley and Barnes aim to become Wisconsin’s first Black governor.
Republican candidate Tom Tiffany, supported by President Donald Trump, faces little opposition in his primary.
A judge is hearing arguments on whether voters who mailed absentee ballots can cancel them and vote again.
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In Sudan’s Darfur region, the paramilitary Rapid Support Forces (RSF) have been fighting the Sudanese Armed Forces since 2023. Human rights groups, including Sudan’s National Commission for Human Rights (NCHR), are secretly documenting serious abuses like killings, sexual violence, and illegal detentions carried out by the RSF.
Key Facts
The RSF controls large parts of western Sudan and is accused of burning villages, killing civilians, and committing sexual violence.
The NCHR has secret teams gathering evidence despite high risks, using small phones and secure communication to avoid detection.
Reports show mass executions and mass graves in cities captured by the RSF, pointing to genocide.
Around 4,000 cases of sexual violence have been documented in Darfur, with 20% of victims under 18 years old.
A UN investigation confirmed the RSF’s actions amount to genocide, including mass killings, gang rapes, and deliberate starvation.
Amnesty International accused the RSF of crimes against humanity and ethnic cleansing during a siege of el-Fasher.
The RSF has detained thousands of civilians without trial, including many women and children, in overcrowded prisons.
The NCHR calls for the immediate release of detainees following international rules for armed conflicts.
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Four men – Maurice Pierce, Robert Springsteen, Michael Scott, and Forrest Welborn – were wrongly accused and convicted of the Texas yogurt shop murders in Austin. After decades, they were proven innocent and officially cleared when the real killer was identified.
Key Facts
The Texas yogurt shop murders involved victims Eliza Thomas, Amy Ayers, and sisters Jennifer and Sarah Harbison.
Maurice Pierce, Robert Springsteen, Michael Scott, and Forrest Welborn were accused and lived with this wrongful conviction for many years.
Investigators later found another man responsible for the killings.
All four men were exonerated, meaning their names were cleared legally.
The case affected the victims’ families and the accused men's families deeply.
Maurice Pierce’s widow and daughter spoke publicly about the impact of the false accusation.
The wrongfully accused men received a financial settlement.
The "48 Hours" program covered the story, highlighting the long fight for justice.
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Turkish opposition leader Ozgur Ozel and 90 other lawmakers left the main opposition CHP party to form a new political party called the New Party. This split happened after a court overturned Ozel’s leadership in the CHP, and it may change the balance of power in upcoming elections against President Recep Tayyip Erdogan.
Key Facts
Ozgur Ozel was removed as CHP chairman after a court annulled the party congress that elected him.
The court cited voter fraud and reinstated Ozel’s predecessor, Kemal Kilicdaroglu.
Police entered CHP headquarters to enforce the court ruling, leading to internal party conflict.
Ozel and supporters view the court decision as judicial interference in politics.
The government denies interfering and calls the case an internal CHP matter.
The CHP won important local elections in 2024 under Ozel’s leadership, including Istanbul and Ankara.
Corruption investigations have targeted CHP officials, including Istanbul Mayor Ekrem Imamoglu, who denies charges and is jailed pending trial.
With the New Party’s formation, the CHP has only 44 MPs left in parliament, while the AK Party holds 277 seats.
Ozel supports Imamoglu as the opposition’s presidential candidate for the next elections.
The opposition split might help Erdogan maintain power in the coming years.
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A new poll in Michigan shows Republican Mike Rogers leading progressive Abdul El-Sayed by a significant margin. Rogers is nearly tied with Democrat Haley Stevens in the race for the U.S. Senate, with the primary election one week away.
Key Facts
Mike Rogers is the presumed Republican nominee for U.S. Senate from Michigan.
Rogers leads Abdul El-Sayed, a progressive candidate, by a double-digit margin.
Rogers and Haley Stevens, a Democratic representative, are close in the poll numbers.
The poll was conducted by The Glengariff Group.
The survey was commissioned by Michigan Education Association and Business Leaders for Michigan.
The poll reflects voter preferences one week before the Michigan Senate primary.
The race involves candidates from both major parties competing for a Senate seat.
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The 52-week money challenge helps people save money by increasing their weekly savings by $1 each week. By the end of the year, participants can save about $1,378, and using special savings accounts with higher interest rates can help grow this amount faster.
Key Facts
The challenge starts by saving $1 in week one and adds $1 more each following week.
By week 52, the savings amount is $52, totaling $1,378 saved in one year.
Inflation is around 3%, above the Federal Reserve’s 2% target.
Households face high debt, with credit card rates over 20%, and wages are not keeping up with inflation.
Using a traditional savings account with low interest (around 0.38%) won’t grow the savings much.
GSK is investing £400 million in a new research and development center in Cambridge, moving many scientists from its Stevenage site. The company plans to increase its late-stage drug trials and cut £1.9 billion in annual costs by 2029, while aiming for revenue of over £40 billion by 2031.
Key Facts
GSK will spend £400 million to open a new research center in Cambridge.
The Stevenage facility will close, and most scientists will move to Cambridge.
Cambridge is a major life sciences hub with universities, hospitals, and biotech companies.
GSK plans to start late-stage trials for at least 20 potential medicines this year, up from 10.
The company recently bought US cancer specialist Nuvalent for nearly £8 billion.
GSK aims to cut £1.9 billion in annual costs by 2029 through efficiency measures.
Patent expiration on the HIV drug dolutegravir (about 20% of sales) in 2028-30 is a concern.
GSK expects stable or improving profit margins despite patent challenges and is targeting £40 billion+ revenue by 2031.
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Researchers discovered plastic particles in the blood of many heart attack patients. This finding raises new questions about how tiny pieces of plastic might affect human health.
Key Facts
Scientists tested the blood of people who had heart attacks.
Many of these patients had microplastics, which are very small plastic pieces, in their blood.
The study shows that microplastics can move through the human body and reach the bloodstream.
It is still unclear how these plastic particles impact heart health or overall health.
Researchers want to study further to understand the risks from microplastics in the body.
This study highlights growing concerns about plastic pollution affecting human health.
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The Department of Energy announced a plan under President Donald Trump's administration to allow five states to host sites for nuclear waste storage and related activities. This plan aims to boost the nuclear energy sector, create jobs, and attract significant investment, while addressing challenges in managing radioactive waste.
Key Facts
Five states—Utah, Tennessee, Oklahoma, Louisiana, and Idaho—were selected to potentially host nuclear waste and related fuel cycle activities.
These sites are called Nuclear Lifecycle Innovation Campuses and could store nearly 100,000 metric tons of nuclear waste.
The project could attract up to $50 billion in private investment, create 25,000 jobs, and generate $10 billion in tax revenue.
All five selected states have Republican governors who support the plan.
The plan is part of President Trump’s efforts to grow the US nuclear energy industry.
Nuclear energy development has support from both Democrats and Republicans as energy demand rises.
Managing radioactive waste remains a significant challenge for nuclear energy.
The federal government currently stores spent nuclear fuel from power plants in permanent underground sites.
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U.S. leaders gathered in Washington to honor Senator Lindsey Graham, remembering him as a strong supporter of America’s foreign policies and conservative causes. Graham’s sister, Darline, will finish his Senate term and is running to keep the seat. President Trump is set to speak at a memorial service for Graham.
Key Facts
Lindsey Graham was a Republican senator from South Carolina who died suddenly at age 71.
He was known for his support of “America First” policies and strong U.S. involvement abroad, including backing Ukraine and Israel.
Graham was an outspoken anti-abortion advocate and helped confirm conservative judges like Brett Kavanaugh to the Supreme Court.
His sister, Darline Graham, was sworn in to serve the remainder of his current Senate term.
President Donald Trump, whom Graham supported in recent years after previously criticizing him, will speak at a Washington memorial service.
Graham served in the Air Force Reserve, was first elected to the House in 1994, and then to the Senate in 2002.
Memorial events for Graham included a ceremony at the Capitol Rotunda and will include an F-16 flyover in South Carolina followed by family burial.
World leaders including Ukraine’s president and Israel’s prime minister planned to attend memorial events.
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David Hearn, a 67-year-old former Olympian, was charged with damaging the Lincoln Memorial Reflecting Pool. He pleaded not guilty and is now asking a judge to review the full grand jury records because he believes there were problems during the secret grand jury process.
Key Facts
David Hearn is a former Olympian aged 67.
He was charged with vandalism at the Lincoln Memorial Reflecting Pool.
Hearn pleaded not guilty to the charge.
He was indicted earlier this month by a grand jury.
Hearn claims there were "irregularities" in the grand jury proceedings.
He has asked a judge to release the complete grand jury records.
Grand jury proceedings are usually secret and decide if someone should be formally charged.
The specific nature of the alleged vandalism was not detailed in the article.
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Hundreds of officials gathered at the U.S. Capitol to honor the late Senator Lindsey Graham. His casket, covered with the U.S. flag, was carried by an armed forces team as leaders recognized his military service and political career.
Key Facts
Senator Lindsey Graham was honored in a ceremony at the Capitol Rotunda.
His casket was covered with the U.S. flag.
An armed forces team carried his casket.
The ceremony recognized his military service.
Senate leaders spoke highly of his role and impact.
Hundreds of officials attended the event.
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