Hurricane relief may come at a cost. Forecasters warn the same climate pattern calming storms could stir up a turbulent ...

The reduction in CSU's forecast also means a lower chance that a landfalling storm will hit the U.S. The new forecast calls ...

The Trump administration proposed new rules Wednesday for regulating prediction markets, seeking to clarify what types of events can be listed for trading on the platforms. The Commodity Futures ...

The Trump administration on Wednesday proposed a set of new federal regulations for prediction markets that appear to largely leave the booming industry intact. Importantly, the new rules would ...

Earlier this year, Thomas Christian Owens decided to try his hand at prediction market trading for the first time. He created a Kalshi account in January. Three months and a $500 deposit later, he ...

Rep. Bryan Steil, R-Wisc., is drafting legislation to prevent current and former Congress members, as well as candidates, from betting in prediction markets on elections and politics. Polymarket and ...

Artificial intelligence models, like Google DeepMind, are revolutionizing hurricane forecasting with increased speed and accuracy. Despite its success, some experts refer to the AI model as a "black ...

Prediction markets, where users can place bets on real-world outcomes in anything from sports and award shows to elections, interest rate decisions, and even military operations, have become a ...

President Donald Trump on Tuesday stressed the importance of establishing the Commodity Futures Trading Commission’s “exclusive authority” over prediction markets and vowed to protect the ...

Conformal prediction is a framework for making reliable predictions with a guaranteed error rate. It provides a way to quantify uncertainty in machine learning models ...

Interactive Brokers IBKR-1.59%decrease; down pointing triangle is launching a platform where users can place yes-or-no bets through Kalshi, CME Group CME 0.76%increase; up pointing triangle and its ...

The Senate unanimously agreed to a resolution Thursday barring its members from trading on prediction markets in the face of growing concerns about insider trading on the platforms. The resolution, ...