TRADERS OF OIL futures are a sunny bunch. On April 17th, after Iran’s foreign minister declared the Strait of Hormuz “completely open”, the price of Brent crude fell by 10%, to $90 a barrel. Within ...

Investment firm Bernstein estimates that by 2030, prediction market volumes will surge to roughly $1 trillion. Dollar volumes on the markets surged in 2024, spurred by the U.S. presidential election, ...

CEBU, Philippines — The Philippine Competition Commission (PCC) flagged structural barriers in the country’s retail electricity market, warning that dominant players may be limiting competition as ...

Federal prosecutors in Manhattan are exploring whether certain lucrative bets placed on prediction markets have violated insider trading and other laws, multiple sources told CNN. The chiefs of the ...

AI-driven trading could lead to faster and more efficient markets, but also higher trading volumes and greater volatility in times of stress October 15, 2024 More efficient or more volatile? The ...

Kalshi is one of the leading prediction markets disrupting the financial and sports betting industries. Kristian Tuxen Ladegaard Berg / NurPhoto via Getty Images At this year’s Super Bowl, prediction ...

U.S. stocks tumbled and energy prices soared Tuesday as fears spread through global markets that the Iran war may bring prolonged disruption. Subscribe to read this story ad-free Get unlimited access ...

Platforms that let you bet on the outcomes of future events have seen explosive growth recently. Economics correspondent Paul Solman explains how these prediction markets work and why they’re so ...

NEW YORK (AP) — The Trump administration is throwing its support behind the prediction market operators Kalshi and Polymarket in a critical legal battle between the growing prediction market industry ...

Kalshi and Polymarket say their prediction markets are not subject to gambling laws and taxes. The casino industry is lobbying to shut them down as a wave of court cases take on the question. By Ian ...

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Event contracts are viewed as information, but also assets, making it all the more difficult to figure out which rules do and don't apply to them. Prediction markets are regulated by the Commodity ...