Americans spent nearly $170 billion on sports bets in 2025, representing more than double the amount Americans spent on movies, books, music, and museums combined last year, a new analysis finds as the betting industry turns to increasingly predatory tactics. According to an analysis by Fortune, Americans placed $166 billion in sports bets last year, while spending a total of $70 billion…
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President Donald Trump claimed that the U.S. has seized over $13 billion in oil revenues from Venezuela and is using it for “running the country” in remarks on Monday in which he threatened to do the same to Iran. Late last week, the Financial Times estimated that the U.S. has put roughly $13 billion of Venezuela’s oil revenues into a reported U.S. Treasury account ever since the Trump…
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Last month, twin cryptocurrency titans Cameron and Tyler Winklevoss and their cryptocurrency company donated more than $10 million in bitcoin to a prominent political action committee supporting President Donald Trump, according to new Federal Election Commission records reviewed by The Lever. The donations came less than a month after the Trump administration moved to vacate a Biden-era…
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On Friday, American golfer and right-winger Bryson DeChambeau reportedly threatened to get President Donald Trump to help get a two-stroke penalty overturned during the Open in the U.K. this weekend, just weeks after a scandal in which the president intervened in a penalty for a U.S. men’s soccer player during the World Cup. During a lengthy argument with officials over the penalty that…
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International media conglomerate Axel Springer, which owns multiple major news outlets, announced on Friday that it is awarding its 2026 Axel Springer Award to far right billionaire Peter Thiel, recognizing the Palantir co-founder for his “societal impact” and entrepreneurial feats as his company seeks to build out a mass surveillance network across the U.S. The Axel Springer Award…
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President Donald Trump’s media company is launching a new product that will allow banks and financial traders to access Truth Social’s data at the “fastest” speed for a fee, giving them exclusive real-time access to posts that may affect the markets, as Trump’s posts frequently do. The product is known as “Truth API,” and Trump Media & Technology Group, which runs Truth Social plans to…
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