Online prediction market traders make millions betting on U.S. military operations

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 been accompanied by a new feature: betting on war. This year alone, more than a billion dollars has been staked online on military decisions and outcomes. … Read more

Oil traders bet $580 million just ahead of Trump’s delay in attacks on Iranian energy infrastructure

Market watchers are concerned about potential insider trading due to an unusual surge in oil futures trading on Monday morning, just minutes before President Trump announced he would postpone power plant strikes in Iran. CBS News business analyst Jill Schlesinger joins with more. Source link