Prediction markets now move $24 billion a month — more than legal sportsbooks. Here's how they avoid sports betting taxes, and how and why states are fighting back.

Online prediction markets are taking bets on everything from climate change to quantum computing. But researchers question their accuracy ...

The Monaco Formula 1 Grand Prix is set to run on Sunday at 9 a.m. ET. It will be the sixth race and the first of the European swing at the heart of the season. After the power-driven showdown in ...

A forecast of ether at $250,000 would value the Ethereum network at about $30 trillion, requiring a roughly 50-fold price increase from current levels. Ethereum’s ...

Wall Street investors use financial derivatives to hedge against shifts in interest rates and exchange rates. Farmers use them to lock in the price of their crops. Now, one New York City bar is using ...

IPO mania has begun, and nothing kickstarts initial public offerings like spreadsheets flashing green to incite the crowd. SpaceX’s recent S-1 filing promoted an “actionable total addressable market” ...

Prediction market trading volume has risen from under $5 billion monthly in mid 2025 to nearly $24 billion in April 2026, with sports dominating.

Led by Julian Emanuel, Evercore ISI strategists found contracts with higher volume produce more reliable probabilities than shallow markets. Despite the growth, they avoided calling prediction markets ...

The Canadian Formula 1 Grand Prix is set to run on Sunday at 4 p.m. ET. It will be the fifth race of the season and the last of the first North American swing before the series goes into Europe. With ...

Add Yahoo as a preferred source to see more of our stories on Google. To get a feel for the argument, imagine you’re blindfolded and face two giant spinning drums. Each drum contains tickets numbered ...

New York Giants running back Cam Skattebo was playing well as a rookie before a devastating injury prematurely ended his campaign. Now, he is confident that he can return even better than before. The ...

JPMorgan Chase (JPM) CEO Jamie Dimon issued guidelines on the use of prediction markets by employees, potentially allowing staff to trade on such platforms with caution, Barron's reported on Thursday, ...