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AXIOS (Nathan Bomey) - Buffett and Kalshi: Two views of America's gambling boom

The Oracle of Omaha is concerned that America has a gambling problem. Why it matters: Warren Buffett recently retired from Berkshire Hathaway, but when he speaks, investors still listen. Driving the news: Buffett articulated his concerns about America's gambling culture in an interview with CNBC , saying speculative trading is undermining long-term investing. - "It's tough to find values when everybody is preferring gambling," he said. - He added: "Since humans love to gamble so much, there's more money in, in actually cultivating gamblers than there are cultivating investors." The big picture: Buffett's comments come amid the rise of prediction markets like Kalshi and Polymarket, which are giving investors the ability to risk money…

The Oracle of Omaha is concerned that America has a gambling problem. Why it matters: Warren Buffett recently retired from Berkshire Hathaway, but when he speaks, investors still listen. Driving the news: Buffett articulated his concerns about America's gambling culture in an interview with CNBC , saying speculative trading is undermining long-term investing. - "It's tough to find values when everybody is preferring gambling," he said. - He added: "Since humans love to gamble so much, there's more money in, in actually cultivating gamblers than there are cultivating investors." The big picture: Buffett's comments come amid the rise of prediction markets like Kalshi and Polymarket, which are giving investors the ability to risk money…Open

THENATIONALPULSE (Pulse Wires) - Kentucky Governor Presses Hospitalized McConnell for Health Update as Rumors Swirl.

Kentucky Governor Andy Beshear has requested Senator Mitch McConnell to publicly update his health status following persistent rumors about his condition.

Kentucky Governor Andy Beshear has requested that Senator Mitch McConnell publicly update his health status following persistent rumors about his condition. PULSE POINTS WHAT HAPPENED: Kentucky Governor Andy Beshear (D) has formally requested Senator Mitch McConnell (R-KY) to provide a public update on his health following his hospitalization on June 14. Rumors have circulated suggesting McConnell is in a vegetative state, while allies claim he is alert and has been conversing with them, prompting the governor’s call for transparency. DETAIL: Rumors intensified this week amid claims that McConnell is brain-dead, although Republican Senators John Barrasso (R-WY) and Senate leader John Thune (R-SD), along with former McConnell adviser…Open