Piling on guardrails is the sign of a system permanently compensating for its own unreliability. There’s a better approach.

A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. Billions of dollars are changing hands each week on prediction markets, sites whose ...

Interactive Brokers IBKR-2.96%decrease; red down pointing triangle is launching a platform where users can place yes-or-no bets through Kalshi, CME Group CME 0.67%increase; green up pointing triangle ...

Though Bitcoin might currently be trading 40% lower than its record high price, the asset manager is still bullish on the leading cryptocurrency. Christopher Jensen, the director of digital asset ...

More than $2 billion in bets have been wagered globally related to the Iran war on Polymarket — the world’s largest prediction market — an NBC News analysis revealed. Subscribe to read this story ...

Prediction markets are being touted on social media as a lucrative side hustle for young Americans squeezed by rent and student loan bills. In reality, most traders are losing money, and a significant ...

The top-seeded Detroit Pistons will look to avoid falling into a 3-1 series hole in the NBA playoffs 2026 when they visit the Orlando Magic on Monday. Detroit (60-22) lost by double-digits in Game 1, ...

A soldier betting on an operation to oust Venezuela's leader. Politicians gambling on their own elections. Massive bets on the president announcing a ceasefire with Iran right before he actually did.

NBA playoffs fans will get the treat of the Minnesota Timberwolves and the Denver Nuggets for the third time in four years. The two Western Conference foes have played an incredible 29 times over the ...

Charles Schwab and Citadel Securities executives have both aired early interest in getting involved in prediction markets, but are looking to steer clear of sports offerings. Traditional finance ...

Supply chains are messy. San Francisco-based startup Loop isn’t content helping companies merely clean up their supply chains. Instead, the startup is using AI to offer companies predictive, and even ...