Hegseth bans use of nonpublic info for bets on U.S. military ops
Defense Secretary Pete Hegseth said the ban applies to classified and unclassified information and includes prediction markets such as Polymarket and Kalshi.
Kalshi
The hottest midterm races on Kalshi
There have been millions of dollars worth of trades across prediction markets like Kalshi ahead of Election Day, but which races are drawing the most attention across different parts of the country? CBS News executive director of elections and surveys Anthony Salvanto and Kalshi head of research Nicole Kagan join to discuss. Kalshi is sponsoring the use of its prediction market data in CBS News election coverage this year.
10/21: The Takeout with Major Garrett
American Stephen Hubbard released by Russia after four years of wrongful detention; special envoy Steve Witkoff meets with Putin in Moscow.
Kalshi traders favoring a Democratic Senate
Traders on Kalshi are starting to think Democrats will take control of the Senate. CBS News executive director of elections and surveys Anthony Salvanto digs into the trends. Kalshi is sponsoring the use of its prediction market data in CBS News election coverage this year.
10/14: The Takeout with Major Garrett
High energy costs push inflation to 3.7% in September; candidates clash during Senate debates in Maine, Georgia and Iowa.
NFL urges Supreme Court to decide who should regulate prediction markets
In a legal brief, the NFL expressed support for prior court rulings favoring state authority to oversee prediction markets.
NFL asks SCOTUS to weigh prediction markets case
The National Football League is now urging the Supreme Court to decide whether states should have the power to regulate prediction markets. Front Office Sports deals reporter Ben Horney joins CBS News to discuss.
Democrats' Senate momentum growing on Kalshi
There's talk of an "expanding map" for Democrats, with states like Texas and even Kansas potentially in play for the November midterms. That's reflected in polling and on prediction markets like Kalshi, a CBS News sponsor. Kalshi head of research Nicole Kagan and CBS News executive director of elections and surveys Anthony Salvanto join to unpack the numbers.
10/7: The Takeout with Major Garrett
President Trump returns to Texas to stump for Paxton in San Antonio; new videos show Iranian attacks on U.S. military base in Kuwait.
How Kalshi's predicting the 2026 midterms
CBS News is using Kalshi as our prediction market sponsor and integrating its market data to evaluate what traders are seeing, specifically when it comes to the 2026 midterms. CBS News' Anthony Salvanto has more.
Small businesses roll the dice on Kalshi to manage their risks
Hundreds of small businesses are using the prediction market to hedge against a range of business risks, according to Kalshi. Here's how.
Kalshi bans George Santos for life
The prediction market Kalshi is banning former Republican Rep. George Santos of New York for life. The company was investigating allegations that Santos engaged in insider trading over a bet on his attendance at this year's State of the Union address. NOTUS political reporter Kadia Goba and Puck Capitol Hill correspondent Marianna Sotomayor join to discuss.
8/31: The Takeout with Major Garrett
U.S. and Iran exchange strikes for the first time in weeks; at least two dead, several missing after Grand Canyon flash floods.
Kalshi bans ex-congressman George Santos for life after suspicious trades
George Santos faces a lifetime ban from Kalshi after failing to cooperate with the prediction market's investigation into his alleged unlawful trades.
Kalshi official reacts to oversight ruling
Robert DeNault, head of enforcement at Kalshi, joins CBS News to discuss last week's appeals court ruling that rejected the company's efforts to stop Nevada from regulating speculation on sporting events on its platform.
Court hands states a win in fight over who regulates prediction markets
Trading of sports event contracts on Kalshi constitutes gambling, appeals court rules in siding with Nevada officials.
Inflation cools slightly; NYC probes Kalshi
U.S. inflation cooled slightly in new data from July. Also, the New York City Council launched a sweeping investigation into the marketing practices of prediction market companies such as Kalshi and Polymarket. Axios markets correspondent Matt Phillips shares his thoughts.
NYC Council probes prediction markets over advertising practices
New York City lawmakers allege that four major prediction markets engage in deceptive marketing practices and target young adults.
New York sues Kalshi, alleging it enables illegal gambling
A growing number of U.S. states are seeking to crack down on prediction markets, but face pushback from federal regulators.
New York sues Kalshi betting site
New York State is suing Kalshi, the online betting portal, for allegedly operating an illegal gambling business. Kalshi says that it is a federally regulated exchange and is not subject to state laws. CBS News legal reporter Katrina Kaufman has more.
Trump-affiliated companies distance themselves from Trump-IRS deal
Top Senate Democrats sought answers about Trump IRS deal from mining company Kaz Resources, cryptocurrency companies World Liberty Financial and prediction markets Polymarket and Kalshi.
Kalshi debuts a midterm election hub to predict race outcomes
The site claims its hub will provide accurate insights into election outcomes based on traders' bets.
Teleprompter operator made over $100K betting on Trump speeches
After detecting suspicious activity on the teleprompter operator's account, Kalshi investigated and then referred the case to federal regulators.
Vance: White House mishandled Epstein files release
It's rare for the Trump administration to admit a mistake, but Vice President JD Vance did just that on Joe Rogan's podcast, saying they mishandled the release of files related to convicted sex offender Jeffrey Epstein. Political strategists Joe Borelli and Cameron French join with analysis.
Leavitt claims Trump's address "will shock you"
President Trump will allege Chinese meddling in U.S. elections during his primetime speech on Thursday night, sources say. CBS News White House reporter Olivia Rinaldi has the latest.
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