As the U.S. heads toward November’s midterm elections, a growing number of investors and political observers are turning to prediction markets like Kalshi and Polymarket to gauge who might win.
The rapidly growing popularity of prediction markets is sparking worries about the markets’ effects on US politics, where ...
Sens. Jeff Merkley, D-Ore., Elizabeth Warren, D-Mass., and Rep. Jamie Raskin, D-Md., on Thursday introduced legislation to ban prediction market bets on sports, war, elections and government actions.
His administration is stocked with people who have questioned the legitimacy of elections, including some who have claimed that the 2020 presidential race was stolen. When President Trump sought to ...
Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous ...