California Lawmakers Are Ignoring History by Boosting Pension Benefits as the State’s Economy Teeters

As Mark Twain wrote, “History doesn’t repeat itself, but it often rhymes.” Lately, I’ve been hearing a recurring rhythm—and feeling melancholy—as the Legislature is about to repeat a grave mistake. The issue involves public employee pensions as the Legislature introduces two bills that would exacerbate state pension problems just as they did 27 years ago….

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Breaking down Sui (SUI)

In today’s newsletter, Josh Olszewicz from Canary Capital introduces the Sui blockchain and discusses its potential impact on Web3 adoption and optimization for consumer applications. Special reminder: Are you going to Miami Consensus? Don’t miss the Closed Wealth Management Day on May 6th. There was a special side event just for consultants. Attendance is free…

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MLB power rankings entering May 2026

As the month of April closes, it’s once again time for our weekly MLB power rankings. This past week saw our first two coaching casualties when Boston’s front office decided that enough was enough and fired everybody, and then the Phillies followed suit and put Rob Thompson out of his misery. We’ll get into all…

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Polymarket taps Chainalysis to bring Wall Street-level oversight to crypto prediction markets

Cryptocurrency-based prediction market Polymarket has hired blockchain analytics firm Chainaanalysis to monitor trading activity and enforce its market rules to address concerns about insider trading and market integrity. Chainaanalysis brings a suite of tools, including investigative software and an on-chain monitoring system to flag suspicious behavior, with models designed to identify patterns consistent with traders…

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Gemini shares surge on potential prediction market challenge to Kalshi, Polymarket, Hyperliquid

Cryptocurrency exchange Gemini Space Station (GEMI), run by Cameron and Tyler Winklevoss, has received approval from the U.S. Commodity Futures Trading Commission (CFTC) for a derivatives clearinghouse (DCO) license, giving it access to the fastest-growing and most competitive space in regulated derivatives and cryptocurrency prediction markets. The approval allows Gemini to clear and settle trades…

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