P.M. Edition for Feb. 25. Businesses are still figuring out whether they’ll get tariff refunds after last week’s Supreme Court decision. But some aren’t waiting for an answer; WSJ reporter <a href="https://www.wsj.com/news/author/caitlin-mccabe?mod=WSJ_WNPOD">Caitlin McCabe</a> discusses how they’re selling their tariff refund claims to Wall Street traders. Plus, four people on a <a href="https://www.wsj.com/world/americas/four-dead-after-cuba-intercepts-u-s-registered-speedboat-260772e8">U.S.-registered speedboat</a> were shot and killed after exchanging fire with Cuba's border guard. And prediction-market platform <a href="https://www.wsj.com/business/media/kalshi-fines-former-gubernatorial-candidate-mrbeast-employee-on-prediction-wagers-208b6b5a?mod=WSJ_WNPOD">Kalshi has fined two users</a> for breaking its rules. While it’s the first time the company has done so publicly, Journal reporter <a href="https://www.wsj.com/news/author/krystal-hur?mod=WSJ_WNPOD">Krystal Hur</a> says it likely won’t be the last. Alex Ossola hosts.

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