The federal government is suing Connecticut, Arizona and Illinois, challenging their efforts to regulate prediction market operators such as Kalshi and Polymarket The federal government on Thursday sued Connecticut, Arizona and Illinois, challenging their efforts to regulate prediction market operators such as Kalshi and Polymarket. All three states have sent cease and desist orders to … Read more
EDGEWOOD, N.M. — At the Indian Gaming Association’s annual convention in San Diego this week, two words have dominated the agenda: Prediction markets. On public panels and in closed-door meetings, tribal leaders have discussed the explosive growth of platforms like Polymarket and Kalshi and the potential threat to tribes’ hard-fought and heavily regulated place in … Read more
The Commodity Futures Trading Commission says it has exclusive jurisdiction over platforms such as Kalshi. Source link
Heading into the midterm elections, investors and political observers are turning to prediction markets like Kalshi and Polymarket to gauge who might win. Source link
6m ago Trump says he could try to pull U.S. out of NATO as allies “weren’t there for us” in Iran war President Trump has told Britain’s Telegraph newspaper he could attempt to terminate American membership in the NATO defense alliance that the U.S. helped create more than seven decades ago as a bulwark … Read more
Over 40 Democrats in the U.S. House and Senate signed a letter to top administration regulators and ethics officials on Monday asking for governmentwide training on insider trading in prediction markets. The letter to the Commodity Futures Trading Commission and the Office of Government Ethics comes after weeks of increasing scrutiny regarding potential insider trading … Read more
Iran war at a crossroads as rising oil prices and economic uncertainty hit global markets – CBS News Watch CBS News David Martin reports on how the Iran war is at a crossroads as it enters its second month, with the global impact of rising oil prices and economic uncertainty at center stage. Source link
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President Donald Trump is used to bending financial markets to his will. But with the war in Iran, he may have reached the limit of his ability to do so. On Friday, the S&P 500 closed down 1.7% and notched its fifth-straight weekly decline, its worst stretch since 2022 and a sign of rapidly faltering … Read more
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