Platforms like Kalshi let millions wager on sports and pop culture. They’re now hoping institutions will use them for big-ticket trading like hedging. By Michael J. de la Merced Most people use ...

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 ...

Rep. Bryan Steil, R-Wisc., is drafting legislation to prevent current and former Congress members, as well as candidates, from betting in prediction markets on elections and politics. Polymarket and ...

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 ...

RALEIGH, N.C. (WTVD) -- Governor Josh Stein signed an Executive Order aimed at restricting how state employees interact with prediction markets, following growing concerns about insider information ...

President Donald Trump on Tuesday stressed the importance of establishing the Commodity Futures Trading Commission’s “exclusive authority” over prediction markets and vowed to protect the ...

The war with Iran and the U.S. military operation to capture Venezuelan President Nicolás Maduro have carried the usual hallmarks of conflict: soldiers, strategy, casualties, cost. But they've also ...

NEW YORK, May 8 (Reuters) - The debate, opens new tab over calls to regulate prediction markets cuts to the heart of how we differentiate among gambling, speculation, and investment, raising 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, ...