The political fight in the US over the future of prediction markets like Polymarket and Kalshi has escalated into a full-blown war, and battle lines aren't being neatly drawn along party lines.
Commodity Futures Trading Commission Chairman Michael Selig said the agency has filed an amicus brief in federal court to assert its authority over prediction market enforcement and regulation. The ...
If you invest with fintech platforms like Webull BULL or Robinhood Markets HOOD, you may already be seeing prediction markets for things like college basketball games or the Winter Olympics. Now it ...
The Commodity Futures Trading Commission (CFTC) is stepping in to stop what it calls an “onslaught” of state-level regulation of prediction markets. CFTC Chairman Michael Selig said Tuesday in a video ...
Gambling has taken over the country. But it’s not just sports betting that’s emptying wallets. Now, the rise of prediction markets like Polymarket and Kalshi to bet on almost any conceivable outcome, ...
At least three ETF shops are interested in rolling out funds that hold event contracts tied to the outcome of U.S. elections. The fund proposals signal a move by the industry to offer ...
The rise of prediction markets in the United States has been staggering. In December alone, users traded nearly $12 billion on Kalshi and Polymarket, the two biggest platforms in the business. That’s ...
A research paper at the U.S. Federal Reserve praised the usefulness of prediction markets — specifically looking at Kalshi — in getting a real-time handle on economic policy. "Kalshi’s forecasts for ...
Nvidia has several growth catalysts emerging in 2026. Wall Street analysts are bullish on Nvidia's future. I think 2026 could be a huge year for Nvidia stock for several reasons, but the ultimate ...
Utah Gov. Spencer Cox (R) ripped a top Trump administration regulator Tuesday over its push to defeat state efforts to regulate prediction markets. In a Tuesday post on social media, Cox criticized ...
People used to treat art as a viable way to make money, at scale. There was a window, roughly from 2010 to early 2022, when art was a means of financial speculation: in WhatsApp group chats; around ...
Journal Editorial Report: The week's best and worst from Kim Strassel, Bill McGurn, Allysia Finley and Dan Henninger. Photo: Stefano Costantino/SOPA Images/ZUMA Press/Jim West/Zuma Press/U.S. FDA via ...
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