House Democrats are calling on the federal government to lower foreign market war chests

House Democrats are calling on the federal government to lower foreign market war chests

Rep. Seth Moulton, D-Mass., arrives at the House Democrats’ Capitol meeting on Thursday, Nov. 15. 2018. Bill Clark | CQ-Roll Call Group | Getty Images A group of House Democrats pressed the Commodity Futures Trading Commission in a letter sent on Monday evening about why the agency did not suffer bets placed on war and … Read more

How election failure, gambling regulation and political gridlock have paved the way for the predicted market crash.

Kalshi Market for 'Will Iran successfully close the Strait of Hormuz in 7+ days?' appears on the smartphone screen.

Although the forex market has been legal in the US for less than 18 months, it cannot stop making news and making money. In prediction markets like Kalshi and Polymarket, users can spend real money on anything, from the winner of the 2028 presidential election to when Taylor Swift will get married. But this is … Read more