Kalshi, an online market platform, permanently banned former U.S. Rep. George Santos for likely insider trading related to bets he made on whether he would attend the State of the Union address. Santos made about $17,839 in profits from these bets and was also fined $71,356.
Key Facts
Kalshi banned George Santos for life from their platform starting last Friday.
The ban came after an investigation found Santos likely used insider information to profit on trades about his attendance at the State of the Union.
He made nearly $18,000 betting against his own attendance at the event.
Santos had publicly talked about attending the address but did not go and said he was delayed at the airport.
Kalshi said Santos made false or misleading public statements to affect the betting market.
Santos was previously convicted of fraud and identity theft in 2024 and was sentenced to seven years in prison.
President Donald Trump granted Santos clemency, releasing him after 84 days in prison.
Kalshi also fined Santos $71,356 for violating their rules by trading in a market where he could influence the outcome.
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The online prediction platform Kalshi permanently banned former U.S. Representative George Santos after finding he likely used insider information to bet against his attendance at the State of the Union address. Santos made a profit from these bets and was also fined more than $71,000.
Key Facts
Kalshi banned George Santos for life from its platform due to suspected insider trading related to bets on his attendance at the State of the Union address.
Santos made a profit of $17,839 from trading related to whether he would attend the address.
Santos publicly said he planned to attend but later announced he was stuck at the airport during President Trump’s speech.
The ban includes a $71,356 penalty and prevents Santos from trading on Kalshi directly or indirectly.
Kalshi’s compliance team said Santos made misleading statements to influence betting prices.
Santos was convicted of fraud and identity theft in 2024 and sentenced to seven years in prison.
President Donald Trump commuted Santos’s sentence after he served 84 days in jail.
Santos was expelled from the U.S. House of Representatives before these events took place.
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Two states, South Carolina and North Dakota, have delayed starting new rules that limit what foods people can buy with SNAP benefits. The U.S. Department of Agriculture paused these changes to review a court ruling that blocked similar rules in other states and to allow public feedback.
Key Facts
South Carolina and North Dakota planned to restrict SNAP benefit purchases starting in early September.
These rules would block buying certain sugary drinks, candy, and energy drinks with SNAP benefits.
The USDA has asked both states to delay the start date until November 1.
The delay follows a federal court decision that canceled similar food-restriction waivers in five other states.
USDA is reviewing the court ruling and will publish a public notice before moving forward.
SNAP (Supplemental Nutrition Assistance Program) helps millions of low-income households buy groceries.
Under current federal rules, SNAP can pay for most foods but not alcohol, tobacco, hot food ready to eat, or non-food items.
These state waivers would allow stricter limits on what SNAP benefits can buy beyond the usual federal rules.
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Kalshi, a prediction market platform, has permanently banned Representative George Santos for not cooperating with an investigation into bets he made about this year’s State of the Union address. Santos will also have to pay a financial penalty of $71,356.
Key Facts
Kalshi is a prediction market, where users can bet on the outcomes of events.
George Santos, a U.S. Representative from New York, was banned for life by Kalshi.
The ban is due to Santos not cooperating with Kalshi’s investigation about his bets related to the State of the Union attendance.
In addition to the ban, Santos must pay $71,356 as a financial penalty.
Kalshi made this announcement through official filings published on a Monday.
The bets Santos placed were specifically about how many people would attend the State of the Union event.
The platform took this action to enforce its rules and maintain fair use.
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Massachusetts Democrats are voting in primary elections to choose candidates for several offices, including U.S. Senate and governor. In the Senate race, Senator Ed Markey, considered progressive, faces a challenge from Seth Moulton, who is more moderate. Voters will also select nominees for the U.S. House and other local positions.
Key Facts
The primary election is happening in Massachusetts.
Senator Ed Markey is running for a third full term in the Senate.
Seth Moulton, a U.S. Representative, is challenging Markey in the Democratic primary.
Markey is seen as progressive, and Moulton is considered more moderate.
Top progressive leaders support Markey against the moderate challenger.
This race highlights the ongoing divide between progressives and moderates in the Democratic Party.
Voters are also choosing candidates for governor, U.S. House seats, and local offices.
The election reflects a broader trend of older incumbents competing against younger challengers.
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Three more men were arrested in connection with a police crackdown following a crash on the A66 road near Middlesbrough that killed two police officers and five young people. The arrests relate to a separate crash where two vehicles collided, and some suspects face charges including carrying a firearm and dangerous driving.
Key Facts
The original crash happened on August 22 on the A66 and killed two police officers and five young men aged 17 to 23.
Police have arrested 27 people connected to the crash so far.
Two men, aged 19 and 24, were arrested after a car rammed another vehicle on Derwentwater Road near Middlesbrough.
These two men are being questioned for possession of a firearm with intent to cause fear of violence.
An 18-year-old man was charged with dangerous driving after a separate incident and was held in custody.
The police are continuing their operation to target organized crime related to the crash.
The two officers who died were in a marked armed response car during the original incident.
The police state that more arrests are expected as their investigation continues.
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The Pentagon acknowledged that senior military leaders often formally disagree with Defense Secretary Pete Hegseth’s plans but said this is normal in military decision-making. A report said four top commanders opposed extending U.S. troop deployments in the Middle East, but Pentagon spokesman Sean Parnell criticized the report and defended troop decisions based on current threats and presidential priorities.
Key Facts
Four four-star generals and admirals filed formal objections to a plan to keep over 50,000 U.S. troops in the Middle East.
These objections, called “non-concurs,” are common in military advice and do not mean orders will change automatically.
The reported objections came from the Navy, European Command, Southern Command, and Indo-Pacific Command leadership.
The Army and Air Force agreed to extend deployments but warned about risks.
The Navy warned it could not sustain commitments without a set end date, and the Indo-Pacific Command objected to the need for an aircraft carrier strike group.
Pentagon spokesman Sean Parnell said the troop decisions consider current threats, strategic priorities by President Trump, and military advice.
A reporter from the Washington Post defended publishing the story, citing the public’s right to know.
President Trump stated that Iran is a failed nation and claimed the war was effectively won, while the Pentagon’s military leaders expressed concerns about the ongoing deployments.
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Senator Ed Markey is leading Representative Seth Moulton by a wide margin in the polls ahead of the Massachusetts Democratic Senate primary. Markey, age 80, is a progressive incumbent with strong support, while Moulton, age 47, challenges him as a moderate candidate representing a newer generation.
Key Facts
Ed Markey, 80 years old and in Congress since 1976, is the incumbent senator from Massachusetts.
Seth Moulton, 47, is a U.S. representative running to replace Markey in the Democratic primary.
Markey leads by large margins in recent polls, including a 31-point lead in an Emerson College poll.
Markey supports progressive policies like Medicare for All and the Green New Deal.
Moulton is considered more moderate and has criticized some Democratic positions like transgender rights.
Polls show Markey winning strong support from women, registered Democrats, and progressive voters.
Prediction markets give Markey about a 99% chance of winning the primary.
The primary tests if Massachusetts Democrats prefer a long-time progressive senator over a younger, moderate challenger.
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Federal immigration agents conducted a large operation early Sunday at a bar in Memphis, detaining more than 100 people, according to immigrant advocacy groups. Local police helped with traffic and crowd control but did not take part in making arrests. Officials have said the raid is part of an ongoing investigation.
Key Facts
The raid happened around 1 a.m. Sunday at El Corralón bar on Macon Road in Memphis.
Immigrant advocates say over 100 people were detained and taken away by buses.
U.S. Immigration and Customs Enforcement (ICE) confirmed a “multi-agency targeted enforcement operation” but gave few details.
The Tennessee Bureau of Investigation executed search warrants at the location in connection with alleged illegal gambling machines and possible drug activity.
Memphis Police Department only provided traffic and crowd control and did not arrest or detain anyone.
Memphis Mayor Paul Young said the operation was troubling and that those affected are part of the community.
Witnesses reported emotional scenes, including children asking for their detained parents.
The Tennessee Immigrant and Refugee Rights Coalition expressed concern about the impact on the community due to lack of information on detainees’ whereabouts.
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The Republican Party's campaign groups asked the Supreme Court to let them buy TV ads at a lower rate before the midterm elections. A lower court decided that only individual candidates, not party groups, can get the cheaper rate for ads.
Key Facts
GOP campaign groups want to pay lower TV ad rates.
They asked the Supreme Court to review the case.
A federal appeals court said only candidates can get special ad rates.
The dispute is happening before the midterm elections.
The case involves the Fourth Circuit Court of Appeals.
The GOP wants to reach voters more cheaply through TV ads.
The Supreme Court has not yet decided to take the case.
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President Donald Trump stated that communities opposing AI data centers risk economic decline. He suggested that accepting data centers leads to success and wealth.
Key Facts
President Trump made these comments on his social media platform, Truth Social.
He linked the presence of AI data centers to economic growth and success.
He said communities that reject data centers will become "backwards and poor."
His message targets communities across the United States.
The comments relate to the development and acceptance of technology infrastructure.
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President Donald Trump signed an executive order to rename Lake Ontario as "Lake America" amid trade tensions with Canada. Google Maps quickly changed the lake’s name for U.S. users before the official U.S. government maps were updated, while Canadians and the rest of the world still use the original name.
Key Facts
Trade talks between the U.S. and Canada recently failed, causing new tariffs on both sides.
President Trump issued an order to rename Lake Ontario to "Lake America."
Lake Ontario is a large lake on the border between the U.S. and Canada, and the Canadian province was named after it.
Google Maps updated the lake’s name for users in the U.S. faster than the official U.S. government maps did.
The U.S. Geographic Names Information System (GNIS) acknowledges the name change but has not updated its base maps yet.
Canadians still see the name Lake Ontario on Google Maps, and most of the world sees “Lake Ontario” with “Lake America” in parentheses.
Some other map services like Apple Maps have not changed the name yet, while smaller apps like MapQuest say they will not make the change.
This renaming follows a similar pattern Google used last year with the “Gulf of America” label.
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President Donald Trump said that the Lincoln Memorial Reflecting Pool is "almost completely fixed." He shared a photo showing improvements near the World War II Memorial on the National Mall, including the area where a marking was previously seen in the grass.
Key Facts
President Trump commented on the status of the Lincoln Memorial Reflecting Pool.
He stated the pool is nearly fully repaired.
Trump shared a photo showing changes around the World War II Memorial.
The photo included an aerial view of the Lincoln Memorial area.
In June, there was an etching of “86 47” visible in the grass near the World War II Memorial.
The improvements suggest maintenance and restoration work has been done on the site.
The location is on the National Mall in Washington, D.C.
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A CBS News reporter, David Begnaud, featured a medical student from Florida who thanked her high school science teacher for encouraging her to focus on positive things in life. The teacher became emotional after hearing her gratitude during the segment "The Person Who Believed in Me."
Key Facts
The story is part of a series called "The Person Who Believed in Me."
David Begnaud is the CBS News reporter hosting the series.
The episode took place in Florida.
The medical student credits her high school science teacher for her positive outlook.
The teacher showed strong emotions after the student's thank you.
The series highlights moments when people express thanks to those who supported them.
This segment aired on CBS News and is available in the CBS News app.
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Jurors are deciding whether Lindsay Clancy, a former nurse, is legally responsible for killing her three children in 2023. The case focuses on whether she acted with criminal intent or due to postpartum psychosis, a severe mental illness after childbirth.
Key Facts
Lindsay Clancy is on trial for killing her three children in Duxbury, Massachusetts, in January 2023.
The children, ages 5, 3, and 8 months, were strangled with exercise bands.
Clancy does not deny killing them but claims she was suffering from postpartum psychosis at the time.
She sought mental health treatment and was hospitalized before the killings.
Prosecutors argue she made a conscious decision to kill the children and then attempted suicide.
Jury deliberations began after hearing testimony from over 70 prosecution witnesses and 10 defense witnesses.
If found guilty, Clancy faces life in prison; if acquitted, she could be confined to a mental health facility.
Clancy remains paralyzed from the waist down after jumping from a window following the killings.
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Three journalists who worked for Stars and Stripes are suing Defense Secretary Pete Hegseth and two other Pentagon leaders. The lawsuit relates to possible reasons why the journalists were fired from their jobs.
Key Facts
Three Stars and Stripes journalists were fired from their positions.
They have filed a lawsuit naming Defense Secretary Pete Hegseth and two other senior Pentagon officials.
The case is about what may have caused their firings.
Lawyers for Good Government are involved in representing the journalists.
The lawsuit was reported by CBS News.
Stars and Stripes is a news outlet serving the U.S. military.
The Pentagon is the headquarters of the U.S. Department of Defense.
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The article discusses the state of the Republican and Democratic parties ahead of the local elections on November 3. It highlights that President Donald Trump’s approach to the US-Iran conflict focuses on economic measures to reduce public attention before the election, while the ongoing war and rising costs remain concerns for voters.
Key Facts
The US local elections will take place on November 3.
Both major parties, Republicans and Democrats, have different prospects in these elections.
President Donald Trump is leading an economic strategy against Iran instead of direct conflict.
This strategy aims to shift focus away from the war during the election period.
Economic impacts from the US-Iran tensions, like rising prices, are affecting voters.
Voters remain concerned about the war and its effects despite the economic focus.
Political analysts Steve Clemons, Niall Stanage, and Irie Sentner discuss these issues.
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President Donald Trump signed an order to rename Lake Ontario as Lake America on U.S. maps following a trade dispute with Canada. Google has updated its maps for U.S. users to show the new name, while Canadian maps still display Lake Ontario, and Apple has been asked to make the change.
Key Facts
President Trump signed an executive order to rename Lake Ontario as Lake America.
The order follows the collapse of trade talks between the U.S. and Canada.
Interior Secretary Doug Burgum said the president contacted Apple to update its Maps app.
Google updated its maps over the weekend to show Lake America for U.S. users only.
Canadian users and most international maps still show Lake Ontario or both names.
Some Canadian companies accidentally showed the new name and then apologized.
MapQuest decided not to change the lake’s name but added a feature letting users rename it themselves.
Ontario Premier Doug Ford placed a large sign at the lake saying “Lake Ontario Now and Always.”
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In the Massachusetts U.S. Senate race, Ed Markey's age of 80 is a key issue, with his challenger suggesting he is too old for another term. During a debate, Markey showed some uncertainty about using artificial intelligence (AI) tools like ChatGPT in his work.
Key Facts
Ed Markey is an 80-year-old U.S. Senator from Massachusetts running for re-election.
His challenger claims Markey is too old for another Senate term.
Markey was asked if he uses AI platforms such as Claude or ChatGPT.
Markey said he uses built-in features on his iPhone or iPad but wasn’t clear about the AI companies involved.
The age concern is a notable topic in this Senate race.
The race highlights divisions among younger Democrats as they consider support.
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