Economists Finally Admit AI Puts Jobs at Risk

NY Slip Case Dismissed: Stairway Fall Suit Crumbles on Summary Judgment New York appeals court upholds dismissal of a personal injury lawsuit against building owners after a tenant slipped on an exterior stairway, ruling defendants proved no negligence as a matter of law. This unanimous affirmance reinforces strict standards for summary judgment in premises liability…

Coinbase Smacks Down SEC in Landmark Crypto Win Coinbase just gutted the SEC’s overreach in a Third Circuit bombshell, ruling the agency can’t unilaterally deem crypto listings as securities violations without fair notice. This precedential decision shreds the SEC’s “regulation by enforcement” playbook, handing exchanges a shield against arbitrary crackdowns. Markets are already buzzing—traders betting…

CFTC Nails Crypto Trader in Landmark Win Over Digital Assets The Ninth Circuit just handed the CFTC a major victory, upholding a lower court’s ruling against James Devlin Crombie for fraudulently peddling crypto investment contracts as commodities futures. This decision cements CFTC oversight of certain digital assets, signaling regulators can chase fraud in crypto without…

**Nightclub Default Dooms Venue, But Dram Shop Shields Underage Drinker** A New York court slammed a Manhattan nightclub with a $10,000 judgment for a brutal sidewalk brawl after it defaulted on liability, but denied damages to an underage patron caught boozing inside—highlighting strict evidentiary rules and Dram Shop Act limits in alcohol-fueled injury suits. This…

Chinese Creditor Slams FTX’s Bid to Block Payouts in Restricted Nations A Chinese creditor has fired back at FTX’s latest court motion to halt repayments to users in China and other restricted countries, escalating the bankrupt exchange’s drawn-out drama. This clash highlights the tension between global recovery efforts and local legal barriers, potentially delaying billions…

Aster, Hyperliquid, Hedera Jump Amid Altcoin Bounce Several altcoins, including Aster, Hyperliquid, and Hedera, moved higher as the broader market saw an uptick in risk appetite and a bounce across select non-bitcoin tokens. The moves appeared to be part of a wider rotation into altcoins rather than a single, project-specific catalyst. When altcoins rise together…