London Says It Tracked Three Russian Submarines Near Critical Undersea Infrastructure

British naval ships tracked three Russian submarines operating near the United Kingdom for more than a month in what officials described as a suspected intelligence-gathering mission targeting critical undersea cables and energy infrastructure. The Russian ships included a nuclear-powered attack vessel and two specialized deep-sea surveillance subs, Defense Secretary John Healey told reporters on April…

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Prediction Market Volumes Will Hit $1 Trillion by 2030 as Sports Betting Moderates: Bernstein

In brief Bernstein analysts wrote in a Tuesday note that prediction-market volumes will reach $1 trillion by the end of the decade. They argued that institutional investors will adopt prediction markets as a way to manage risk associated with policy and political events. Currently, Polymarket and Kalshi’s platforms are dominated by sports, which respectively account…

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