The Trump administration proposed new rules Wednesday for regulating prediction markets, seeking to clarify what types of events can be listed for trading on the platforms. The Commodity Futures ...

The Trump administration on Wednesday proposed a set of new federal regulations for prediction markets that appear to largely leave the booming industry intact. Importantly, the new rules would ...

Financial services organizations have invested heavily in AI governance. Model risk frameworks. Explainability requirements. Human-in-the-loop controls. Bias audits. Regulatory compliance checklists.

Earlier this year, Thomas Christian Owens decided to try his hand at prediction market trading for the first time. He created a Kalshi account in January. Three months and a $500 deposit later, he ...

Bumblebees faced with a challenge know how to play ball. Buff-tailed bumblebees can figure out on their own how to use a ball as a ladder to nab sugar from an out-of-reach fake flower, researchers ...

German psychologist Wolfgang Köhler set up a famous experiment more than 100 years ago that changed how scientists understand animal intelligence and the power of insight — or spontaneous ...

Wall Street investors use financial derivatives to hedge against shifts in interest rates and exchange rates. Farmers use them to lock in the price of their crops. Now, one New York City bar is using ...

The bar is using Kalshi to hedge against the cost of free food and drinks if the Knicks win One NYC bar is using Kalshi to hedge against the possibility of a Knicks victory on Wednesday. Wall Street ...

President Donald Trump on Tuesday stressed the importance of establishing the Commodity Futures Trading Commission’s “exclusive authority” over prediction markets and vowed to protect the ...

States and the federal government are locked in a battle over who has the right to regulate prediction markets. But prediction market players are continuing to invest in their businesses despite the ...

Like at least other 14 states, Minnesota has wrestled with how to regulate the popular prediction market sites. Federal officials sued the state over its new law. By Pooja Salhotra A day after Gov.

Virtu Financial (VIRT) has started pricing and trading event contracts on platforms including Kalshi (KALSHI) and CME Group (CME), joining a small but growing number of institutional market-making ...