The Trump administration proposed new rules Wednesday for regulating prediction markets, seeking to clarify what types of events can be listed for trading on the platforms. The Commodity Futures ...
The Trump administration on Wednesday proposed a set of new federal regulations for prediction markets that appear to largely leave the booming industry intact. Importantly, the new rules would ...
Earlier this year, Thomas Christian Owens decided to try his hand at prediction market trading for the first time. He created a Kalshi account in January. Three months and a $500 deposit later, he ...
Prediction markets, where users can place bets on real-world outcomes in anything from sports and award shows to elections, interest rate decisions, and even military operations, have become a ...
Minnesota Gov. Tim Walz has signed the nation's first law banning prediction market sites from operating in the state, and in response, the Trump administration has sued, teeing up a legal battle over ...
The 2026 NFL schedule is here! This means it's time for one of the greatest guilty pleasures of the offseason: running down each newly unveiled slate and counting up the Ws and Ls. Of course, picking ...
Interactive Brokers IBKR2.23%increase; up pointing triangle is launching a platform where users can place yes-or-no bets through Kalshi, CME Group CME 2.80%increase; up pointing triangle and its own ...
Pair of red dice with white dots. Photo by Jonathan Petersson on Unsplash. The growth of prediction markets begs the question, is it wrong to benefit from someone else’s misfortune? Ethics Center ...
The Senate unanimously agreed to a resolution Thursday barring its members from trading on prediction markets in the face of growing concerns about insider trading on the platforms. The resolution, ...
A few days before Christmas, Howard Qin was scrutinizing weather forecasts on two laptops at home in Shanghai when he noticed prices of contracts for New York City snowfall creeping higher on the ...
JPMorgan Chase CEO Jamie Dimon revealed that his bank is considering offering prediction market services to its customers. "It's possible one day we'll do something like that," Dimon said in an ...
When Troy Dixon first suggested incorporating prediction markets into the electronic trading platform where he works, he was met with incredulity. “People told us we were crazy,” Dixon, Tradeweb’s ...
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