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Economy

Economy

Walmart agrees to pay $50M settlement over allegations its pharmacies filled illegal opioid prescriptions

By Paradise Profits Now
August 29, 2026
1 Mins read
Walmart has agreed to pay 50 million dollars to settle long standing allegations that its pharmacies illegally filled thousands of prescriptions for…
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Economy

9th Circuit sides with states in Kalshi gambling fight, potentially reviving Arizona's prosecution

By Paradise Profits Now
August 29, 2026
1 Mins read
A legal victory for state regulators has breathed new life into Arizona’s efforts to prosecute Kalshi, an online prediction market firm. The…
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Economy

Meta's $17 billion settlement mandates new safeguards for kids—many are promising, says safety expert

By Paradise Profits Now
August 29, 2026
1 Mins read
Meta has agreed to a massive 17 billion dollar settlement to resolve lawsuits brought by 52 U.S. attorneys general who accused the…
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Economy

What Warsh's Jackson Hole speech signals about where interest rates are headed

By Paradise Profits Now
August 29, 2026
1 Mins read
Federal Reserve Chair Kevin Warsh used his first keynote address at the annual Jackson Hole Symposium to send a blunt message to…
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Economy

Federal appeals court rules that states can regulate betting markets

By Paradise Profits Now
August 28, 2026
1 Mins read
In a significant blow to the prediction market industry, the U.S. Court of Appeals for the Ninth Circuit ruled on Friday that…
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Economy

States can regulate prediction markets as gambling, federal appeals court rules

By Paradise Profits Now
August 28, 2026
1 Mins read
In a decision that sends shockwaves through the burgeoning world of digital forecasting, a federal appeals court ruled Friday that states possess…
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Economy

US Treasury imposes limits on Egyptian bank for doing business with Iran

By Paradise Profits Now
August 28, 2026
1 Mins read
The United States Treasury Department has announced new restrictions on an Egyptian bank following allegations that the institution facilitated prohibited financial transactions…
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Economy

The US got Meta to change Instagram and Facebook. Europe wants in.

By Paradise Profits Now
August 28, 2026
2 Mins read
A massive eighteen billion dollar settlement between Meta and forty seven U.S. states has sent shockwaves through the regulatory halls of Brussels,…
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Economy

Marvell shares tumble 8% as outlook underwhelms despite 37% revenue growth

By Paradise Profits Now
August 28, 2026
1 Mins read
Investors gave Marvell Technology a cold shoulder during premarket trading, sending shares tumbling 8 percent despite a financial report that showed impressive…
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Economy

Parents who lost children to social media harms question Meta settlement

By Paradise Profits Now
August 28, 2026
1 Mins read
For many grieving families gathered outside a federal court in Oakland, California, the recent eighteen billion dollar settlement between Meta and twenty…
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