House lawmakers launch insider trading probe into Kalshi and Polymarket
Rep. James Comer is requesting information from Kalshi and Polymarket on how the prediction markets guard against insider trading.
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Rep. James Comer is requesting information from Kalshi and Polymarket on how the prediction markets guard against insider trading.
Polymarket users can now trade on private companies' valuations, IPOs and secondary market activity.
Incidents in which people apparently used exclusive knowledge to score handsome profits raise the question: Are prediction markets safe places for news junkies to bet on events - or dens of insider trading?
Prediction market platform Kalshi announced that three politicians were suspended after reportedly betting on their own races. CBS News' Kelly O'Grady reports.
Prediction market site Kalshi has fined and suspended three political candidates from its site for "political insider trading." CBS News senior business and tech correspondent Jo Ling Kent has more details.
White House aides got an email last month telling them not to place bets on prediction markets with nonpublic information, multiple administration officials told CBS News.
A study from the New York Fed found that delinquency rates increased faster in states where online sports betting is legal.
Trading in crude oil futures spiked only minutes before President Trump postponed an ultimatum on Iran, causing oil prices to drop and stocks to surge.
Market watchers are concerned about potential insider trading due to an unusual surge in oil futures trading on Monday morning, just minutes before President Trump announced he would postpone power plant strikes in Iran. CBS News business analyst Jill Schlesinger joins with more.
Polymarket tightened its rules after questions surfaced over whether some prediction market customers engaged in insider trading.
How much money could you make if you were given $10,000 to gamble on sports? That's what The Atlantic's McKay Coppins sought to answer in his latest piece: "My Year as a Degenerate Gambler." Coppins joins "The Takeout" to recount the experience.
The complaint includes 20 separate counts against Kalshi, claiming the company accepted bets from Arizona residents in violation of state law.
Lawmakers are raising concerns that prediction market users are engaging in insider trading to wager on U.S. military actions.
The prediction market said it suspended Artem Kaptur, an employee of the popular YouTuber MrBeast, for insider trading.
Cardi B appeared during Bad Bunny's halftime show at the Super Bowl, but one prediction market says it's unclear whether she sang.
This weekend's snowstorm could prove to be lucrative for some online bettors.
A Laos rescue organization said that the water level inside the cave had receded enough for the four miners to leave with divers.
President Trump held a meeting with key advisers on Friday to hammer out a "final determination" on a potential deal with Iran, but no word has come on a decision.
A judge blocked the Kennedy Center from closing its doors during renovations, and ruled that its board acted unlawfully by adding President Trump's name to the building. The president reacted by saying he wants Congress to take it over.
President Trump's physician said in a letter released Friday that the president is in "excellent health," following a physical earlier this week at Walter Reed National Military Hospital.
Jill Biden said she supported Joe Biden's decision to pardon their son, Hunter, because they couldn't let him go to jail under President Trump.
The federal prosecutor who signed an indictment accusing former FBI Director James Comey of threatening President Trump by posting an image of seashells arranged as "86 47" is no longer on the case.
A judge signaled she may reopen a case between President Trump and his own government that led the DOJ to create a $1.776 billion "anti-weaponization fund," ordering the president's lawyers to respond to allegations of "deception" and "fraud."
Last year, Hegseth called China a "threat" to Taiwan and said an attack might be "imminent."
The head of the U.S. military's Southern Command met Friday with top Cuban military officials at the edge of Guantanamo Bay, a rare meeting as President Trump heaps pressure on Cuba and does not rule out military action.
Last year, Hegseth called China a "threat" to Taiwan and said an attack might be "imminent."
President Trump's physician said in a letter released Friday that the president is in "excellent health," following a physical earlier this week at Walter Reed National Military Hospital.
The strikes are part of a monthslong campaign against alleged drug boats traversing the Caribbean Sea and eastern Pacific.
Earlier this year, the CDC announced updated recommendations that would reduce the number of recommended immunizations for children from 17 to 11.
The federal prosecutor who signed an indictment accusing former FBI Director James Comey of threatening President Trump by posting an image of seashells arranged as "86 47" is no longer on the case.
Consumers have kept the economy chugging along despite financial pressures. But some signs suggest they could be losing steam, experts say.
Experts point to several factors, from tariffs to weather, behind the rapid price increase in the humble tomato.
Southwest is walking back some recent changes in its policies for passengers who require a second seat.
The rush to build thousands of U.S. data centers is driving demand for some workers, though economists project fewer permanent jobs.
The department said it is preparing for the banknote in response to legislation proposed last year.
President Trump's physician said in a letter released Friday that the president is in "excellent health," following a physical earlier this week at Walter Reed National Military Hospital.
The strikes are part of a monthslong campaign against alleged drug boats traversing the Caribbean Sea and eastern Pacific.
Earlier this year, the CDC announced updated recommendations that would reduce the number of recommended immunizations for children from 17 to 11.
The federal prosecutor who signed an indictment accusing former FBI Director James Comey of threatening President Trump by posting an image of seashells arranged as "86 47" is no longer on the case.
Jill Biden said she supported Joe Biden's decision to pardon their son, Hunter, because they couldn't let him go to jail under President Trump.
Candace Tucker thought her symptoms were benign. A colonoscopy led to an alarming diagnosis.
Earlier this year, the CDC announced updated recommendations that would reduce the number of recommended immunizations for children from 17 to 11.
U.S. government plans to open a quarantine center for Americans exposed to Ebola on an air base in Kenya have been temporarily halted by a court order.
Infectious disease specialists say the viruses are unlikely to become pandemics, but some are still raising concerns about the federal health response.
The Trump administration announced plans to set up an Ebola quarantine and treatment center in Kenya for Americans exposed to the deadly virus overseas. Secretary of State Marco Rubio is now saying no Ebola patients will be allowed into the U.S. Mark Strassmann reports.
Last year, Hegseth called China a "threat" to Taiwan and said an attack might be "imminent."
A Laos rescue organization said that the water level inside the cave had receded enough for the four miners to leave with divers.
When Trump visited China earlier this month, Chinese President Xi Jinping warned him that Taiwan could become a "very dangerous situation" if mishandled.
The head of the U.S. military's Southern Command met Friday with top Cuban military officials at the edge of Guantanamo Bay, a rare meeting as President Trump heaps pressure on Cuba and does not rule out military action.
Ukrainian President Volodymyr Zelenskyy said Ukraine has received intelligence indicating Russia will launch an assault involving drones and missiles.
A new movie titled "Dreams of Violets," with images fully generated by artificial intelligence, is set to premiere next month. Jo Ling Kent reports on the film made with no lights, no cameras and no actors.
Musician Wyclef Jean is on a journey to release 7 albums as part of a single project titled "Quantum Leap." Jean joined CBS News with more details.
Grammy Award-winning artist Wyclef Jean released a new single, "Mr. October," from his new album "Clef Notes," which comes out June 26. The album is the first installment of this seven-album project "Quantum Leap." Jean joins to discuss why he plans to release seven albums in one year and the story behind his new single.
AI-powered shopping app Phia, founded by Bill and Melinda French Gates' daughter Phoebe Gates and Sophia Kianni, announced dozens of celebrity investors. Gates and Kianni share how they started the app and what's next.
Shrey Parikh, a 14-year-old eighth grader from Rancho Cucamonga, California, won the 98th annual Scripps National Spelling Bee. Lilia Luciano reports.
Last week, President Trump was expected to sign an executive order on artificial intelligence, but abruptly postponed the event. Politico White House reporter Diana Nerozzi joins to examine what happened.
Dating apps are matching up with artificial intelligence as romance-seekers demand new ways to find love. Venture capitalist Matt Shumer joins "CBS Mornings" with more details.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Pope Leo has released the first encyclical of his papacy, focusing on humanity and, in part, warning of the risks posed by the growing use of artificial intelligence. The message comes amid growing dissent among young people over AI. Nicholas Thompson, CEO of The Atlantic, joins to discuss.
A Google employee has been arrested for allegedly using insider information to make $1 million on Polymarket. Dustin Gouker, publisher of the Event Horizon newsletter on prediction markets, joins CBS News to discuss.
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
Former Attorney General Pam Bondi was heckled by Epstein abuse survivors before she entered a closed-door interview to testify for House Oversight Committee members about the Justice Department's Epstein probe. CBS News' Jake Rosen reports.
Former Attorney General Pam Bondi is testifying privately before members of the House Oversight Committee on the botched Justice Department rollout of the Epstein files. CBS News' Caitlin Huey-Burns reports.
Police in Canada and around the world have been investigating more than 100 suicides linked to Kenneth Law.
A federal judge has temporarily blocked the Justice Department from moving forward with work on the new "anti-weaponization" fund, including making any payouts. CBS News' Ed O'Keefe reports.
The Department of Justice is investigating the outside funding that Trump accuser E. Jean Carroll received for her civil lawsuits against the president. CBS News' Katrina Kaufman reports.
Blue Origin assess the impact of Thursday's New Glenn explosion, prompting concern about NASA moon program delays.
A rare blue micromoon will appear in night skies this weekend. Here's what to expect.
Jeff Bezos' Blue Origin, Astrolab, Lunar Outpost and Firefly Aerospace are awarded with hundreds of millions of dollars in NASA contracts for the first phase of its moon base plans.
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Blue Origin is assessing damage after a rocket exploded during a test run in Florida on Thursday.
President Trump signaled Friday before a marathon meeting at the White House that he would make a final decision on the war with Iran, but uncertainty remains over where things stand after he failed to announce a deal or ceasefire extension after the meeting.
Four more Laos miners who were trapped in a cave for 10 days were freed, rescuers say, while two remain missing.
"48 Hours" correspondents Anne-Marie Green and Natalie Morales discuss the case of Kouri Richins, a Utah mom who was sentenced to life in prison without parole for murdering her husband, on Post Mortem after two trial jurors break down their take on the evidence.
President Trump holds Situation Room meeting on Iran; Bondi testifies behind closed doors in House Oversight Committee's Epstein probe.