The Brutalist Report

Fortune

• Young Kalshi users have traded an estimated $3.9B on sports and parlay-type contracts this year, exposing a loophole that lets them bet before age 21 [11d]
• PBR promises thieves who return 40,000 pounds of stolen beer by next Tuesday ‘no questions asked.’ That won’t stop California prosecutors [11d]
• America’s high school graduating class is projected to shrink 13%. Colleges are already feeling the squeeze [11d]
• ‘I bet on myself. Literally’: Ex-Congressman George Santos banned for life from Kalshi after making $17,839 from insider trading [11d]
• Bitcoin is back—and so is Michael Saylor’s Strategy, which made its first buy in two months [11d]