Prediction markets have grown rapidly, enabling wagers on a variety of subjects, including politics and sports. Their rise has not gone unopposed. Prediction markets have surged, especially post-2024 ...

Prediction markets have moved from a niche academic concept into one of the fastest-growing areas of modern market infrastructure. Once confined to election forecasting and small experimental ...

Prediction markets function like stock markets for questions, where prices reflect the crowd’s odds on real-world events. Platforms like Polymarket and Kalshi enable users to trade on crypto, politics ...

The gambling industry has been actively voicing its concern about the encroachment of prediction markets on sports betting. Critics say prediction markets are little more but sports betting with some ...

You know that cliché in movies when the camera zooms in on a character who says, “It’s coming,” before someone else dramatically replies, “It’s already here”? Prediction markets are a bit like that in ...

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Journalist Jo Ling Kent joined CBS News in July 2023 as the senior business and technology correspondent for CBS News. Kent has more than 15 years of experience covering the intersection of technology ...

Minnesota has always been a land of hard work and resilience. As a border state and an agricultural powerhouse, our economy has long been tied to the ebbs and flows of global trade. Farmers here ...

Polymarket’s decentralized forecasting has caught Wall Street’s eye. The New York Stock Exchange’s parent, Intercontinental Exchange (NYSE:ICE), made a headline-grabbing US$2 billion investment last ...

One year after President Donald Trump’s reelection, the US stock market continues to notch record highs. The S&P 500 has gained 19.6% over the past 12 months, boosted by strong corporate earnings and ...