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Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.

Texas football suffered its first loss of the season last Saturday, 30-15 as Georgia ran amok in Darrell K Royal Memorial Stadium. With the new College Football Playoff format, things are far from ...

Presidential betting passes $30 million on Kalshi. Trump name-drops Polymarket – or tried to, anyway. Arb opportunity? There's a discrepancy between Polymarket's individual swing state markets ...

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When I worked in Big Law, I specialized in what some people call “bet the company” litigation, and what Crypto.com set in motion in Texas last week might be just that. Aaron Brogan is a ...