How do you file taxes on prediction market profits? It seems like the type of straightforward question any halfway decent bookkeeper should be able to answer. Right now, though, it’s a conundrum for ...

Jamie Dimon said JPMorgan could enter prediction markets in the future. The company would avoid sports and politics, he said. Dimon said prediction markets are mostly gambling, with some investing use ...

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Senate Majority Leader John Thune (R-SD) is running into early resistance to passing elements of the SAVE America Act through reconciliation, a party-line budget process that will require ...

Arizona prosecutors filed criminal charges against the prediction market Kalshi on Monday, accusing it of running an illegal gambling outfit in the state. Subscribe to read this story ad-free Get ...

President Trump vowed to withhold his endorsement from any lawmakers who do not vote for the Safeguard American Voter Eligibility Act (SAVE) Act ahead of a Senate procedural vote on the legislation on ...

When Troy Dixon first suggested incorporating prediction markets into the electronic trading platform where he works, he was met with incredulity. “People told us we were crazy,” Dixon, Tradeweb’s ...

Some Republican lawmakers are pushing an old Senate procedure to pass the Trump-backed SAVE America Act — although it may turn the upper chamber into bedlam for weeks and ultimately backfire. The ...

DORAL, Fla. – President Trump on Monday pushed for the passage of a GOP voting requirements bill, telling House Republicans that enacting the legislation will “guarantee the midterms” and reiterating ...

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President Donald Trump said he will not sign any bills until Congress passes the controversial Safeguard American Voter Eligibility (SAVE) America Act, which would require proof of citizenship and ...

Prediction markets like PolyMarket and Kalshi are hitting valuations in the tens of billions as Gen Z entrepreneurs look to take advantage of betting on the uncertainties of life. NBC News’ Allie ...