The Strait of Hormuz has reopened, for now, and Middle Eastern countries that shut off their oil wells during the war (the ...

Everyone is still piling into Palantir Technologies (NASDAQ:PLTR | PLTR Price Prediction) after another blowout earnings report, with U.S. commercial revenue exploding 133% year over year and CEO Alex ...

Long before the founders of Kalshi and Polymarket were even born, a handful of economists were getting amped about a novel ...

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Prediction markets allow people to trade on the outcome of real-world events, from basketball games to elections. And trading volume on Kalshi and Polymarket – the two leading prediction markets – has ...

Uber’s top two executives sent separate messages about AI, and when you read them together, the real story becomes clear.

Many states are trying to crack down on the newest frontier in the financial wild west: prediction markets. Although best known as places for betting on sports, which the Supreme Court ruled is legal ...

COLUMBUS, Ohio — A newly introduced bill would ban Ohio public officials and their employees from "trading" in prediction markets. Prediction markets have been exploding in popularity, with the state ...

A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. Billions of dollars are changing hands each week on prediction markets, sites whose ...

The AI trade has been one of the most powerful market narratives in decades, but it’s also been one of the most narrowly defined. For the past two years, investors have largely treated AI as a GPU ...

While prediction markets are booming – allowing anyone to bet on nearly everything from sports to elections to who’s going to win season 50 of “Survivor” – the little-known federal agency that ...