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.
Watch CBS News
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.
Prospects for a U.S.-Iran deal seem to dim as the war between Israel and Hezbollah grinds on despite Trump saying they agreed to stop fighting.
The Supreme Court cleared the way for Alabama to use a House map that is more favorable to Republicans, despite a lower court finding that the plan intentionally discriminated against Black voters.
American military forces carried out strikes on Iranian targets after attempted Iranian drone and missile attacks, U.S. Central Command said Tuesday, in the latest clash.
About a month after ejecting during the friendly-fire incident, the pilot was on a mission over Iran when his jet was hit by a surface-to-air missile, prompting a daring rescue operation.
Kean has been missing from the job since March, citing a "personal medical issue."
"We are not moving forward with the fund. Period," Blanche told House lawmakers.
Bakersfield police said the suspect had agreed to release one of the hostages.
Republican Sen. Joni Ernst is not running for reelection, and Ashley Hinson won President Trump's endorsement.
According to an official familiar with the investigation, new digital forensic evidence appears to undercut Brian Hooker's account of his wife's disappearance, although they did not specify how.
Peabo Bryson, a two-time Grammy-winning singer and songwriter known for Disney movie hits "Beauty and the Beast" and "A Whole New World," has died at age 75.
According to an official familiar with the investigation, new digital forensic evidence appears to undercut Brian Hooker's account of his wife's disappearance, although they did not specify how.
Bakersfield police said the suspect had agreed to release one of the hostages.
"It will be a very long, multi-month to multi-year process for things to fully normalize," GasBuddy's Patrick De Haan said.
About a month after ejecting during the friendly-fire incident, the pilot was on a mission over Iran when his jet was hit by a surface-to-air missile, prompting a daring rescue operation.
"It will be a very long, multi-month to multi-year process for things to fully normalize," GasBuddy's Patrick De Haan said.
A Virginia man is suing Amazon over Ring's "Familiar Faces" feature, alleging the technology violates people's privacy.
Economists at the New York Federal Reserve say they've identified the main reason some recent college grads are having trouble landing a job.
Travel experts say to be prepared for potential disruptions as countries implement the new Entry/Exit System now in place across the EU and other countries.
The Northlake Police Department issued a warning about a new scam at gas stations that is low tech, but effective.
Bohannan has lost to the Republican incumbent twice, but narrowed the margin to 799 votes in the 2024 election.
Republican Sen. Joni Ernst is not running for reelection, and Democrats have been increasingly bullish about their chances of flipping the seat in recent months.
The Supreme Court cleared the way for Alabama to use a House map that is more favorable to Republicans, despite a lower court finding that the plan intentionally discriminated against Black voters.
Kean has been missing from the job since March, citing a "personal medical issue."
American military forces carried out strikes on Iranian targets after attempted Iranian drone and missile attacks, U.S. Central Command said Tuesday, in the latest clash.
A flesh-eating New World screwworm was recently detected in Mexico just 25 miles from the United States border, according to the USDA.
While 330 Ebola infections are confirmed in central Africa and huge challenges remain, hundreds more suspected cases "have been cleared out," the WHO says.
A new drug was shown in trials to keep pancreatic cancer patients alive for twice as long as chemotherapy alone. Dr. Jon LaPook has more.
Sentri7, drug diversion software powered by artificial intelligence and used at hundreds of U.S. hospitals, did not catch a monthslong string of fentanyl thefts in Tennessee in 2025, according to a state document.
New research shows a medication called daraxonrasib is helping people with advanced pancreatic cancer live longer.
According to an official familiar with the investigation, new digital forensic evidence appears to undercut Brian Hooker's account of his wife's disappearance, although they did not specify how.
American military forces carried out strikes on Iranian targets after attempted Iranian drone and missile attacks, U.S. Central Command said Tuesday, in the latest clash.
The collection once belonged to the noble Beaufort-Spontin family, who were suspected of having collaborated with the Nazis.
While 330 Ebola infections are confirmed in central Africa and huge challenges remain, hundreds more suspected cases "have been cleared out," the WHO says.
The U.S. and British militaries say one American soldier and one British soldier died during a training exercise in Iraq.
The sci-fi horror flick "Backrooms" was the number one movie in the U.S. as of Tuesday. The filmmaker behind the movie, 20-year-old YouTuber Kane Parsons, is now the youngest director with a number one film globally. Brooks Barnes, The New York Times' chief Hollywood correspondent, joins "The Daily Report" to discuss.
Peabo Bryson, a two-time Grammy-winning singer and songwriter known for Disney movie hits "Beauty and the Beast" and "A Whole New World," has died at age 75.
Two indie horror films made by YouTubers, "Backrooms" and "Obsession," beat out Disney's latest "Star Wars" movie in the box office this weekend. Steven Zeitchik, senior editor for the Hollywood Reporter, joins CBS News to discuss.
Grammy Award winner P!nk is preparing to host the Tony Awards on Sunday on CBS. The singer speaks with "CBS Mornings" about what to expect and why she asked her daughter for permission before agreeing to host.
Monday marks 100 years since the birth of the iconic Hollywood actress Marilyn Monroe. On Aug. 10, 1962, six days after her death at the age of 36, CBS News aired a retrospective special about the legend's life, featuring interviews with friends, mentors and colleagues.
Developments in artificial intelligence are happening very quickly, and so are mass layoffs as corporations rapidly embrace the technology. But now some companies like Uber and Microsoft are starting to second-guess aggressive AI adoption. Reyhan Harmanci, director of features at Wired magazine, joins to discuss the state of AI in corporate America.
A Virginia man is suing Amazon over Ring's "Familiar Faces" feature, alleging the technology violates people's privacy.
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.
Florida has filed a civil suit against OpenAI and its CEO Sam Altman, accusing them of deceiving users. Jo Ling Kent explains.
Anthropic, the artificial intelligence company behind the chatbot Claude, has filed to go public, setting up one of the biggest initial public offerings in history. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Days after a meteor exploded over New England, another fireball was spotted, visible in the Midwest to the Northeast. Rob Marciano has more.
A team of archaeologists at the iconic cathedral is digging straight down and back in time, to Roman Paris 2,000 years ago.
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
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.
According to an official familiar with the investigation, new digital forensic evidence appears to undercut Brian Hooker's account of his wife's disappearance, although they did not specify how.
Police say a man with a bomb allegedly strapped to his chest took at least one hostage in a California Chase Bank on Tuesday. Carter Evans reports.
Police say a suspect has taken at least one hostage at a Chase Bank in Bakersfield, California. CBS News correspondent Carter Evans has the latest.
Federal authorities have arrested and charged four people with drug trafficking after a months-long investigation uncovered what federal officials called a massive, 2,000-foot-long underground tunnel connecting Mexico to the U.S. CBS News' Shanelle Kaul has the details.
Four people were arrested and charged with trafficking more than $45 million in cocaine through the 2,000-foot-long tunnel complete with reinforced walls, ventilation and a rail system.
Damage to Blue Origin's lone launch pad in the wake of last week's spectacular explosion was not as severe as initially feared, the company said.
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
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.
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.
Rep. Grace Meng pressed acting Attorney General Todd Blanche on the Justice Department's "anti-weaponization" fund during a House hearing Tuesday. Blanche said the department wasn't moving forward with the fund, but he declined to put that commitment in writing.
The sci-fi horror flick "Backrooms" was the number one movie in the U.S. as of Tuesday. The filmmaker behind the movie, 20-year-old YouTuber Kane Parsons, is now the youngest director with a number one film globally. Brooks Barnes, The New York Times' chief Hollywood correspondent, joins "The Daily Report" to discuss.
Secretary of State Marco Rubio faced tough questions on the war with Iran Tuesday during back-to-back hearings on Capitol Hill. CBS News intelligence and national security reporter Olivia Gazis has more.
Voters in six states are casting their primary election ballots, with key races to watch in California, Iowa, New Jersey and more. CBS News executive director of elections and surveys, Anthony Salvanto, has more.
Primary battles are underway in six states; acting AG Todd Blanche testifies before the House Appropriations Committee.