Sports prediction markets look like betting to US voters. See how they work and how the regulation is handling the debate.

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 ...

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 ...

Jump Trading has quietly become one of the earliest proprietary trading firms to become active on prediction markets like Kalshi Inc., expanding into one of the hottest new derivatives markets, ...

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 ...

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US stocks are floating near all-time highs as Wall Street maintains cautious optimism that Washington might ink more trade deals, avoiding a worst-case scenario of extraordinarily high tariffs and ...

NEW YORK/LONDON, Aug 15 (Reuters) - Global stocks were flat but still traded near record highs on Friday as U.S. President Donald Trump and his Russian counterpart Vladimir Putin held high-stakes ...

Global bond markets remained under pressure on Wednesday amid mounting concern over rising government debt loads and deficits that also triggered falls across global stock markets in Tuesday’s session ...

Major Wall Street banks are gearing up for another strong year in emerging markets, predicting that dollar weakness and the investment explosion in artificial intelligence will offer a further boost ...

Forbes contributors publish independent expert analyses and insights. I write about investment strategies to build generational wealth. While American investors have grown accustomed to U.S. market ...