The Kennedy Center is undergoing a significant transformation, but not everyone is pleased. The renowned performing arts hub in Washington, D.C. will close its doors in early July for a two-year renovation. This means substantial changes for the staff.

Staff and Uncertainty

The center's president, Richard Grenell, sent a memo stating that most departments will shrink or go on hold until the reopening in 2028. While he promised to give as much notice as possible, the uncertainty remains a tough pill to swallow for many employees.

Vague Renovation Plans

The renovation plans have been vague. President Trump announced the closure in February, but there's no solid evidence that the building is in bad shape. Last October, Trump claimed the center would stay open during renovations, but that plan has changed. With nearly 2,500 employees, the future looks uncertain.

Super Bowl Halftime Show Sparks Prediction Market Debate

The Super Bowl halftime show sparked controversy on prediction markets. Cardi B's appearance left traders confused and upset. She danced with stars like Karol G and Young Miko, but it was unclear if she was singing. This ambiguity caused issues on platforms like Kalshi and Polymarket.

Market Reactions

• Kalshi settled the bet in favor of "no performance."
• Polymarket ruled it a "yes." Some traders even filed complaints, arguing that the rules were unclear.

The Super Bowl was a big day for prediction markets, with Kalshi seeing over $1 billion in trading volume. However, the controversy highlights the need for clearer rules and better communication in online betting.

Instagram CEO Testifies in Tech Addiction Case

Instagram's CEO, Adam Mosseri, testified in a tech addiction case. He argued that social media isn't "clinically addictive," but acknowledges it can still cause harm. Mosseri stated that Instagram has safety protocols for teens and tests features before releasing them. He compared social media addiction to being hooked on a good TV show, not as severe as gambling or smoking.

The Lawsuit

The case is part of a wave of lawsuits claiming that social media platforms are designed to be addictive. The plaintiff, a 20-year-old woman, sued Meta, YouTube, TikTok, and Snap, accusing them of causing anxiety and depression. Snap and TikTok settled out of court, but the other companies are still fighting the claims. If the plaintiff wins, it could lead to big changes in app design and significant financial penalties.

McDonald's Wins Customers with Value Meals

McDonald's is winning customers back with value meals. The fast-food giant reported a 6.8% increase in U.S. sales for the fourth quarter, thanks to promotions like the Monopoly game and the Grinch meal deal. However, it's been a tough year for restaurants, as many people are eating out less due to high prices.

Affordable Options

McDonald's is focusing on affordable options like the $5 Sausage Egg and Cheese McGriddle to attract budget-conscious customers.