REGULATION

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Oct 08 2024POLITICS

Former SEC Commissioner Eyed for Top Job Under Trump

You might be surprised to know who's in the running to replace the current head of the Securities and Exchange Commission (SEC). Dan Gallagher, who works at Robinhood, is said to be a top pick if Donald Trump wins the presidency. Gallagher was once an SEC commissioner himself. Some people close to t

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Oct 08 2024POLITICS

Court Takes on Ghost Guns: A Fight Over Traceability

Ghost guns—weapons assembled from kits and lacking serial numbers—have become a hot topic. The number of these untraceable firearms seized by police has skyrocketed in recent years, from under 4,000 in 2018 to nearly 20,000 in 2021. The Biden administration stepped in, requiring sellers to treat the

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Oct 08 2024POLITICS

The Supreme Court's Take on Ghost Gun Kits

Ever heard of ghost guns? They're a hot topic these days, and the Supreme Court is diving into the debate. These are basically weapons that are hard to trace because they don't have serial numbers. They're assembled from kits that you can buy online, and they're becoming more common in crimes. The B

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Oct 08 2024HEALTH

Do Antidepressant Warnings Help or Hurt Kids?

For years, the FDA has warned that antidepressants might lead to suicidal thoughts in youth. But new research shows these warnings might have backfired. They could have caused fewer doctor visits for depression and more suicide attempts. This is a big deal because depression is a top cause of suicid

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Oct 07 2024SCIENCE

The Worm That Rewrote Our Understanding of Cells

Imagine a world where every cell in your body is the same - no muscles, no nerves, just identical blobs. Sounds boring, right? Luckily, that's not how we're built! Different cell types exist because of something called gene regulation. Two scientists, Victor Ambros and Gary Ruvkun, made a groundbrea

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Oct 07 2024POLITICS

The AI Bill Debate: Why California's Governor Said No

In a surprising move, California’s governor, Gavin Newsom, decided to veto a bill that aimed to control the potential dangers of highly advanced AI models. This bill, SB 1047, was at the center of a heated debate among activists and companies involved in AI development. Supporters warned about the r

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Oct 07 2024TECHNOLOGY

California's Governor Takes a New Route for AI Safety

In an unexpected turn, California Governor Gavin Newsom decided not to sign the SB 1047 bill that aimed to regulate high-risk artificial intelligence (AI) models. The governor had concerns about the bill's lack of specific safety details. Instead of approving it, he chose to collaborate with AI expe

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Oct 07 2024FINANCE

Circle Scores French License for Euro Stablecoin

Cryptocurrency firm Circle made a big move on Monday. It got registered as an electronic money institution, or EMI, in France. This new license allows Circle to issue its stablecoins in compliance with the European Union's strict crypto rules. These rules are part of something called MiCA, which sta

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Oct 07 2024FINANCE

Crypto Tax Rules Are Here: What Investors Need to Know

The IRS has finally released their long-awaited tax reporting guidelines for digital assets. This means crypto investors need to get ready, as changes are coming soon. Starting in 2026, brokers will have to report gross proceeds from sales made in 2025 using a new form called 1099-DA. A year later,

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Oct 07 2024TECHNOLOGY

Big Tech's Double Standards on Free Speech

Big Tech companies like Meta are playing a dangerous game of double standards when it comes to free speech. They claim to be neutral platforms while actively promoting or censoring content, all the while hiding behind Section 230 of the Communications Decency Act for protection from litigation and o

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