FIVE MINUTE DAILY

A federal judge in Texas struck down core provisions of the 1934 National Firearms Act, and the Justice Department let its deadline to appeal lapse without filing. Suppressors and certain rifles can now change hands across more than a dozen states without federal registration, photographs or fingerprints.

Hours earlier, Attorney General Todd Blanche finalised a rule restoring gun rights to people with felony convictions through a new federal application process. Blanche said the Second Amendment "is not a second-class right," while Gun Owners of America called the court ruling the best in a century.

Reports Monday said the family had agreed to sell its remaining 17.8% stake to Josh Kushner and Bob Iger, ending Jeanie Buss's run as governor. Buss has held that role since 2013, and NBA rules require a team governor to own at least 15% of the franchise.

Hours later her lawyer said she never agreed to sell, and that any sibling vote suggesting otherwise "would be and is void." Valuations of $12.5 billion are now attached to a transaction whose existence the sitting governor flatly disputes.

For the second time in the same case, the justices declined to disturb the civil verdict finding Trump liable for sexually abusing and defaming E. Jean Carroll. Trump paid Carroll more than $5 million in damages back in July, after the court turned him away once already in June.

More than two dozen Texas families, represented by the ACLU, petitioned the court Monday to strike down a law requiring the Ten Commandments in every public classroom. At issue is an April ruling from the Fifth Circuit that upheld the Texas law by a single vote.

Sébastien Lecornu was heckled by roughly 200 residents at the town hall in Le Porge, where 183 homes have burned to the ground. Ten million euros in emergency aid go to Gironde and two million to Landes, while EU teams deploy to Belgium and Spain.

Israeli settlers have surrounded several Palestinian houses in the village of Qusra for over a week, penning residents inside their own homes. One Palestinian American flew back to defend his property, and Washington has condemned the siege while Israeli troops stand by.

Erin Patterson is appealing her life sentence for the 2023 death cap poisonings that killed three relatives after a beef Wellington lunch. Prosecutors have filed an appeal of their own, arguing her 33-year non-parole period is manifestly inadequate for the crime.

With Luigi Mangione's lawyers pressing double jeopardy claims after Friday's federal guilty plea, a judge cancelled the trial indefinitely. Manhattan prosecutors have until October 9 to respond, with a hearing now set for December 10.

Rep. Jimmy Gomez is under House Ethics review over allegations of inappropriate sexual contact with a House staffer, the committee announced Monday. Gomez told NPR his actions were consensual, while acknowledging the impact those mistakes have had on people close to him.

Justice Department lawyers filed a brief arguing that in-person "prophylactic warnings" to agency critics do not violate the First Amendment. Agents tracked one Rochester man to his home, JFK Airport and a hotel over a single angry email.

Paramount is demanding a $1.88 billion bond from state attorneys general to cover the costs of delaying its proposed acquisition of Warner Bros. Discovery until as late as June 2027. The states' antitrust case now heads to trial, extending one of Hollywood's messiest deal sagas.

Stanley Druckenmiller's Duquesne sharply raised its Amazon stake last quarter and leaned further into semiconductors, according to a newly filed disclosure. Positioning was locked in well before July's selloff, making the filing a rare look at timing rather than hindsight.

Planners near Windsor gave Amazon MGM's Bray Studios their backing on Monday, clearing six new sound stages at the former Hammer Films site. Officials expect 470 construction jobs and roughly 920 across Berkshire more widely once the expansion is running.

US kindergarten exemptions climbed to 4.2% this school year, roughly 155,000 children and a fourth consecutive record, per new CDC data. Rates rose in 41 states and the District of Columbia, and the vast majority of those exemptions were nonmedical.

Amazon and Walmart's card issuer is partnering with OpenAI to build shopping and payments directly inside ChatGPT. Chief strategy officer Maran Nalluswami said full payment integration will probably take another six to 12 months.

Researchers identified three supermassive black holes on a collision course inside a single distant galaxy, a configuration that could reshape models of how galactic centers evolve. Any eventual merger would send gravitational waves detectable across the observable universe.

With 40 first-place votes, Ohio State opens first in the AP preseason Top 25, its ninth preseason No. 1 and first since 2015. Big Ten teams hold both top spots for the first time in 65 years, with Oregon posting its highest preseason ranking ever.

Champions will now be crowned in Indianapolis this week after LIV cancelled its Michigan finale, the shortest season since 2022. Saudi Arabia's Public Investment Fund set 2026 as its final year of funding, and a player-owned relaunch is planned for 2027.

San Antonio's city council voted 6-5 against putting its $489 million contribution to a new Spurs arena on the November ballot. Bexar County had already approved $311 million in venue taxes toward the $1.3 billion project last year.

The critic who wrote the earliest Springsteen biography, Dave Marsh, died at 76 in Connecticut after years with a degenerative brain disease. Springsteen called him "a true Rock 'n' Roll lifer," remembering a critic who was soulful, bruising and often fantastically argumentative.

Disney dated Ryan Gosling's "Ghost Rider" for July 28, 2028, joining an untitled "X-Men" film in May and "Black Panther 3" that December. Three Marvel titles now sit on a single calendar year, spread across May, July and December.

More than eight months after its finale, HBO renewed "Welcome to Derry" for a second season jumping back to 1935 and the Bradley Gang massacre. Brad Caleb Kane takes over as sole showrunner, with Andy and Barbara Muschietti staying on as executive producers.

What it is: PrizePicks is a daily fantasy sports platform where users build "pick'em" entries by predicting whether player stats will go over or under set lines. Promo offers like play $5, get $50 in bonus funds are driving fresh signups. Its streamlined format has helped make player-prop-style contests accessible to people who may never have opened a conventional sportsbook account.

The detail: Unlike traditional sportsbooks, PrizePicks doesn't take bets against the house. Users compete against projections, stacking two to six player picks into a single entry, with payouts scaling based on how many are correct. The app is legal in a wider swath of states than sportsbooks because it's classified as fantasy contests rather than gambling, and the current promo structure rewards small first entries with outsized bonuses to attract new users. That distinction has allowed daily fantasy companies to build sizable audiences while operating under rules originally designed for season-long fantasy leagues.

Why it matters: Daily fantasy operators like PrizePicks and Underdog have quietly become one of the fastest-growing corners of sports wagering, especially in states where mobile sportsbooks are still illegal. That's put them on a regulatory collision course with state gaming commissions, several of which have argued the products function as sports betting in everything but name and should be licensed accordingly. The dispute is increasingly about where fantasy competition ends and regulated wagering begins, a line that could determine which companies can operate and what protections users receive.

What to watch: More state-level enforcement actions are likely this fall, with regulators in New York, Florida, and California all weighing tighter rules. Whether PrizePicks and its rivals can keep expanding under the fantasy label will shape how tens of millions of Americans wager on games this NFL season. Any major ruling could also force operators to redesign their contests, seek sportsbook licenses or withdraw from lucrative markets altogether.

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—The Five Minute Daily Team