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THEFEDERALIST (Luke Miller) - Online Sports Gambling Companies Are Buying State Elections

'Now it's just out of control, I've never seen a state house race in Kansas with $150,000 dropped into it, but basically anyone that they thought they would be able to sway their vote got a lot of money.'

AI:Online sports gambling corporations are flooding state-level political races with massive amounts of dark money to influence election outcomes. In Kansas, the influx of cash has become unprecedented, with individual house races seeing hundreds of thousands of dollars poured in to sway key votes. This aggressive spending spree by gambling interests demonstrates a coordinated effort to buy legislative influence and shape state policy through targeted campaign contributions.Open

NYTIMES (Lydia DePillis) - What Are Companies Getting for All That A.I. Spending?

A new field of “tokenomics” has emerged to measure the return on all the money companies are pouring into artificial intelligence.

AXIOS (Zachary Basu) - Revenge of the AI bubble

The AI bubble debate has lurched through at least three frenzied phases in the span of three years: - Suspicion: Historic sums of capital poured into AI before anyone proved it could reliably automate work. A violent market correction felt inevitable. - Mania: Claude Code and autonomous agents made the early skepticism look outdated, fueling a corporate scramble to embed AI everywhere and maximize usage. - Reckoning: Companies discovered that AI can be extraordinary when aimed precisely — and ruinously expensive when treated as a universal productivity machine. Why it matters: The first phase doubted the technology. The second phase worshipped it. The third phase — currently gaining steam across Corporate America — questions…

NEWSNATIONNOW (Andrew Dorn) - Smaller raise? Higher health insurance costs may be to blame

Many employers responded to rising health insurance costs by scaling back pay increases, the New York Fed found.