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 ...

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 ...

Zachariah Branch caught 81 passes for Georgia last season and was picked by the Atlanta Falcons in the third round of the draft. Michael Hickey / Getty Images ATHENS, Ga. — Misdemeanor obstruction ...

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 ...

Christine Sloan is an Emmy Award-winning reporter, who covers New Jersey for CBS News New York. Sloan re-joined the station in January 2023. She also worked at CBS News New York from 2004 to 2016. 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 ...

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 ...

The prediction markets seem to have a strong opinion about who — or at least which party — will win the 2028 presidential election. As of this week, prediction market Kalshi gives the Democratic party ...

Though Bitcoin might currently be trading 40% lower than its record high price, the asset manager is still bullish on the leading cryptocurrency. Christopher Jensen, the director of digital asset ...

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, ...

Prediction markets are being touted on social media as a lucrative side hustle for young Americans squeezed by rent and student loan bills. In reality, most traders are losing money, and a significant ...

Police have released a detailed report explaining the arrest of former Georgia wide receiver Zachariah Branch in Athens early Sunday morning. Officers say Branch was blocking a sidewalk outside a bar ...