Kalshi, Polymarket lobby as insider trading, betting eyed by Congress

[ad_1] With proposals to rein in prediction markets proliferating through the halls of Congress in recent weeks and months, Kalshi — one of the biggest players in the booming industry — went on defense. The New York-based platform launched an ad campaign throughout Washington, rolling out mint-green spreads on billboards, bus shelters and inserts in […]

Polymarket removes wagers on U.S. service member rescue mission in Iran

[ad_1] Polymarket removed a forum related to the rescue mission of U.S. military servicemembers amid political pressure, the latest sign of mounting scrutiny around prediction markets. U.S. and Iranian military forces are searching for a missing American airman after its F-15E fighter jet was shot down over Iran on Friday. One crew member has been […]

CNBC Daily Open: Get ready for Trump’s Iran war update

[ad_1] U.S. President Donald Trump speaks during a Cabinet meeting in the Cabinet Room of the White House on March 26, 2026 in Washington, DC. Chip Somodevilla | Getty Images Hello, this is Holly Ellyatt writing to you from London. Welcome to another edition of CNBC’s Daily Open. Global markets will be on tenterhooks today […]

Republicans block Democratic push for Trump Jr. subpoena

[ad_1] Donald Trump Jr. and Zach Witkoff of World Liberty Financial at Token2049, a prominent crypto conference in Singapore, on Wednesday, Oct. 1, 2025. Wachsman Republicans on a House Natural Resources subcommittee blocked a Democratic motion to subpoena Donald Trump Jr., President Donald Trump’s eldest son, over his backing of critical mineral companies. President Trump’s […]