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Bloomberg

Mandelson Vetting Fiasco Leaves Starmer Looking Like Lame Duck

Keir Starmer's authority is eroding under the weight of the Mandelson scandal, leaving him politically vulnerable ahead of crucial local elections.

Kalshi to Expand Crypto Wagers With Perpetual Futures Push

Kalshi's expansion into crypto perpetual futures marks a strategic shift beyond prediction markets toward sophisticated derivatives trading.

Prediction Markets Ramp Up Washington Lobbying to Stop US Rules

Prediction markets are ramping up lobbying to fight congressional efforts to regulate them as gambling and curb insider trading risks.

Schwab Considering Prediction Markets Linked to Finance Events

Charles Schwab is weighing launching finance-linked prediction markets as rivals push into the space, signaling mainstream brokerages may cautiously embrace betting-style tools while shunning pure gambling.

Wall Street Quants See an Edge in Polymarket Earnings Forecasts

Prediction markets are emerging as a surprisingly accurate, potentially faster alternative to Wall Street analysts for forecasting corporate earnings.

Kalshi Expands Commodity Predictions Market Amid War Volatility

Prediction market platform Kalshi is rapidly expanding into commodities contracts as geopolitical turmoil and volatile prices spur investors to use event betting alongside traditional hedging tools.

Polymarket Bets on Orban Loss Jump Further as Hungarians Vote

Crypto prediction market Polymarket is betting heavily on opposition leader Peter Magyar ousting Viktor Orban as Hungary’s next prime minister, with implied odds topping 80%.

Kalshi Wins Reprieve From Arizona Criminal Case at CFTC’s Urging

A federal judge temporarily halted Arizona’s criminal case against prediction market Kalshi after the CFTC argued state prosecutions unlawfully encroach on federal authority over derivatives markets.

Weather Prediction Markets Are Booming. Can They Improve Forecasts?

Weather-focused prediction markets are rapidly expanding from niche bets to tools for testing AI models and pricing climate risk, promising sharper forecasts but raising concerns over manipulation and social value.

Singapore Minister Says Worst Case on War Not Fully Priced

Singapore warns that markets remain complacent about the Iran war’s impact as Strait of Hormuz disruptions threaten Asia’s energy security, inflation, and growth.

Kalshi Win in New Jersey Fight Hailed as Big Victory Over States

A US appeals court ruling that Kalshi falls under CFTC oversight strengthens federal authority over fast-growing prediction markets, but a sharp dissent signals continuing state–federal clashes over gambling regulation.

CFTC Sues Illinois Over State Effort to Limit Prediction Markets

The CFTC has sued Illinois officials to block state gambling enforcement against prediction markets, escalating a jurisdictional clash over who regulates the booming industry.

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